Population: 4,770 · Density: 41.8/mi² · Median household income: $104,402
Typical home value: $488,042 · Homeownership: 87.3%
Data as of January 2026. Source: Realtor.com.
The BANKS, OR real estate market (97106) currently shows 16 active listings, with 5 pending sales. Homes are averaging 123 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 123 days on market compared to 75 days last year.
The median listing price has risen 22.6% year-over-year, from $775,000 to $949,900.
Whether you are buying or selling in BANKS, OR, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97106 | Banks, OR 97106 | 0.0 mi | 16 | $16,220,944 | $949,900 | $1,013,809 |
| 97116 | Forest Grove, OR 97116 | 5.1 mi | 92 | $54,189,748 | $499,700 | $589,019 |
| 97109 | Buxton, OR 97109 | 6.5 mi | 1 | $612,463 | $612,463 | $612,463 |
| 97144 | Timber, OR 97144 | 10.2 mi | 3 | $2,360,001 | $625,000 | $786,667 |
| 97113 | Cornelius, OR 97113 | 11.0 mi | 44 | $25,071,816 | $514,960 | $569,814 |
| 97119 | Gaston, OR 97119 | 13.1 mi | 8 | $9,771,936 | $735,000 | $1,221,492 |
| 97064 | Vernonia, OR 97064 | 15.8 mi | 20 | $9,630,260 | $490,000 | $481,513 |
| 97123 | Hillsboro, OR 97123 | 16.4 mi | 187 | $137,315,035 | $549,950 | $734,305 |
| 97053 | Warren, OR 97053 | 17.0 mi | 9 | $8,563,275 | $850,000 | $951,475 |
| 97229 | Portland, OR 97229 | 17.2 mi | 259 | $221,917,675 | $799,000 | $856,825 |
| 97051 | Saint Helens, OR 97051 | 19.2 mi | 58 | $34,710,854 | $469,700 | $598,463 |
| 97005 | Beaverton, OR 97005 | 19.6 mi | 32 | $14,469,344 | $435,000 | $452,167 |
| 97225 | Portland, OR 97225 | 20.5 mi | 55 | $38,573,150 | $629,000 | $701,330 |
As of January 2026, there are 16 active listings in BANKS, OR (zip code 97106), compared to 15 the prior year.
The median listing price in BANKS, OR 97106 is $949,900 as of January 2026, a 22.6% increase from $775,000 the prior year.
Homes in BANKS, OR 97106 spend an average of 123 days on the market before going under contract, compared to 75 days the prior year.
Based on current inventory and days-on-market data as of January 2026, BANKS, OR 97106 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 123 days on market compared to 75 days last year.
With SELL123.com's maximum 3% commission, sellers in BANKS, OR 97106 save an estimated $18,998 compared to a typical 5% commission on the median listing price of $949,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.