Zip 97106 (Banks, OR) Housing

Housing in 97106 Banks, OR is quite expensive, with the median value at $572,000. This is well above the national median of $338,100, and higher than the 1 year house appreciation rate of 8.27% across the US. However, the 1 year house appreciation rate in 97106 Banks, OR is slightly lower at 7.02%. Despite this small discrepancy in appreciation rates, overall housing in 97106 Banks, OR remains very valuable and highly sought after among home buyers.

The median home cost in Banks (zip 97106) is $572,000. Home appreciation the last 10 years has been 142.7%. Home Appreciation in Banks (zip 97106) is up 13.1%.

Average Age of Homes

- The median age of Banks (zip 97106) real estate is 31 years old

The Rental Market in Banks (zip 97106)

- Renters make up 13.5% of the Banks (zip 97106) population
- 0.0% of houses and apartments in Banks (zip 97106), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Banks, Oregon	United States
	1,897.0	139,647,020.0
	30	42
	$572,000	$338,100
	13.1%	16.6%
	59.3%	57.0%
	142.7%	101.1%
	$8.71	$10.98
	$3,863	$2,690
	81.8%	57.4%
	5.6%	11.2%
	12.6%	31.4%
Vacant Housing
	0.0%	1.9%
	0.4%	0.4%
	1.2%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	4.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.7%	2.4%
	1.0%	2.8%
	0.3%	3.9%
	0.0%	4.5%
	2.2%	11.3%
	0.1%	13.0%
	8.8%	20.1%
	30.0%	13.6%
	15.8%	8.3%
	26.7%	9.7%
	7.2%	3.9%
	6.4%	2.2%
	0.8%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	7.1%	13.6%
	7.1%	13.6%
	38.6%	13.6%
	7.0%	13.2%
	17.4%	14.8%
	38.6%	13.6%
	3.2%	10.0%
	2.4%	4.7%
	12.3%	12.2%

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