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Foreclosure Homes in Banks, OR 97106

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Banks, OR Foreclosures

How much do homes sell for in Banks, OR?
The average home price is currently $655,319.
In Banks, OR, how many homes are available?
There are currently 5 active home listings available in Banks.
What’s the average rental cost in Banks, OR?
The average rental price in Banks is $1,490.
What is the most expensive home in Banks?
The most expensive home sold in Banks had a price of $4,800,162.
What is currently the cheapest priced home in Banks, OR?
The cheapest home for sale in Banks is priced at $13,450.

Living in Banks, OR

Located just a short drive from Portland, Banks, OR combines the tranquility of small-town living with easy access to metropolitan amenities. This town is surrounded by beautiful landscapes, fostering an active lifestyle, all while providing great schools and community services. It's an ideal spot for those looking to escape the hustle and bustle of city life.

Current Market Conditions in Banks, OR

The real estate market in Banks has seen a steady increase in demand, driven largely by its appealing lifestyle and proximity to larger urban centers like Portland. Buyers are attracted to the affordability and charm of the area, making it one of the more desirable places to live in Washington County. Recent trends show an uptick in sales, with homes typically receiving multiple offers.

Home Value Estimator For Banks, OR

There are currently 1,731 real estate properties in Banks, OR, with a median automated valuation model (AVM) price of $567,732.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Banks, OR, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Banks, OR, is $655,319.00, with the most expensive house in Banks, OR, topping out at $4,800,162.00 and the cheapest home in Banks, OR, clocking in at $13,450.00. In other words, there’s something for every potential homebuyer or savvy investor in Banks, OR!

Rent Prices In Banks, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Banks, OR, is on a rollercoaster ride. The average rent price in Banks, OR, is $1,490.00. Indeed, when looking to rent in Banks, OR, you can expect to pay as little as $710.00 or as much as $2,800.00, with the average rent median estimated to be $1,490.00. The good news is that finding an affordable and desirable property to rent in Banks, OR -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Banks, OR 97106 Foreclosures


Market Trend for Banks, OR

Total Listings Available: 5

Market Values:

Home Prices from $13,450 to $4,800,162

Average Sales Price: $655,319

Rental Values:

Rental from $710 to $2,800

Average Rent Value: $1,490 / month

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