Data as of September 2026. Source: Realtor.com.
The BANKS, OR real estate market (97106) currently shows 18 active listings, with 4 pending sales. Homes are averaging 87 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 87 days on market compared to 81 days last year.
The median listing price has risen 28.5% year-over-year, from $610,000 to $783,650.
Population: 4,770 · Density: 41.8/mi² · Median household income: $104,402
Typical home value: $488,042 · Homeownership: 87.3%
Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97106 | Banks, OR 97106 | 0.0 mi | 14 | $12,207,650 | $839,950 | $871,975 |
| 97116 | Forest Grove, OR 97116 | 5.1 mi | 101 | $60,660,297 | $499,925 | $600,597 |
| 97109 | Buxton, OR 97109 | 6.5 mi | 1 | $895,000 | $895,000 | $895,000 |
| 97144 | Timber, OR 97144 | 10.2 mi | 2 | $999,998 | $499,999 | $499,999 |
| 97113 | Cornelius, OR 97113 | 11.0 mi | 50 | $29,285,150 | $499,240 | $585,703 |
| 97119 | Gaston, OR 97119 | 13.1 mi | 9 | $10,590,147 | $856,750 | $1,176,683 |
| 97064 | Vernonia, OR 97064 | 15.8 mi | 21 | $10,472,805 | $488,750 | $498,705 |
| 97123 | Hillsboro, OR 97123 | 16.4 mi | 200 | $142,205,200 | $544,500 | $711,026 |
| 97053 | Warren, OR 97053 | 17.0 mi | 13 | $12,879,763 | $884,875 | $990,751 |
| 97229 | Portland, OR 97229 | 17.2 mi | 303 | $256,199,832 | $798,000 | $845,544 |
| 97051 | Saint Helens, OR 97051 | 19.2 mi | 59 | $33,917,743 | $459,975 | $574,877 |
| 97005 | Beaverton, OR 97005 | 19.6 mi | 35 | $14,952,525 | $447,450 | $427,215 |
| 97225 | Portland, OR 97225 | 20.5 mi | 58 | $47,025,124 | $656,475 | $810,778 |
As of September 2026, there are 18 active listings in BANKS, OR (zip code 97106), compared to 24 the prior year.
The median listing price in BANKS, OR 97106 is $783,650 as of September 2026, a 28.5% increase from $610,000 the prior year.
Homes in BANKS, OR 97106 spend an average of 87 days on the market before going under contract, compared to 81 days the prior year.
Based on current inventory and days-on-market data as of September 2026, BANKS, OR 97106 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 87 days on market compared to 81 days last year.
With SELL123.com's maximum 3% commission, sellers in BANKS, OR 97106 save an estimated $15,673 compared to a typical 5% commission on the median listing price of $783,650. 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.