Housing in Banks, OR
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$492,000
Median List Price
$585,000
Price Per Sq Ft
$223
Days on Market
243
Active Inventory
3
Months of Supply
1.0
Seller's market
Zillow Home Value
$619,815
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
95.1%
Buyer's market
Market Activity
Source: RedfinHomes Sold
3
New Listings
1
Pending Sales
2
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$223
Median List $/SF
$217
Banks vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Banks is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$430,200
Median Rent
$1,634
Total Housing Units
823
Vacancy Rate
3.2%
Owner Occupied
76.9%
Renter Occupied
23.1%
Median Property Tax
$4,174
per year
Monthly Cost (w/ Mortgage)
$2,133
Housing Types
The current median sale price in Banks, OR is $492,000 according to Redfin data. Homes spend a median of 243 days on the market. 0.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $223. The median rent is $1,634 per month (Census ACS). About 76.9% of housing units are owner-occupied. The median year homes were built is 1994. There are 823 total housing units.