97106
Banks, Oregon.
Banks, Washington County, OR · Portland-Vancouver-Hillsboro, OR-WA metro · population 4,855
to buy the typical home at today's mortgage rate — +$1,572 (+94%) since Jan 2020.
- 1 year
- Up $3,413 +1%
- $616,333$619,746 since Sep 2025
- 5 years
- Up $46,298 +8%
- $573,448$619,746 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 97106$3,253
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 45 years.
Typical home values in zip 97106 rose 0.6% over the past year — slower than the nation's +1.2%.
Zillow also publishes an index for the city itself: Banks, OR — measured over the city limits, which is a different area from this zip.
Typical home value — 97106
Mid-tier homes, smoothed and seasonally adjusted.
- 97106$619,746
- Portland$539,403
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 5.1 | 97116 | Forest Grove | 29,800 | $1,789 | $518,241 |
| 5.6 | 97133 | North Plains | 5,416 | — | $558,273 |
| 8.8 | 97117 | Gales Creek | 982 | — | $598,798 |
| 10.8 | 97124 | Hillsboro | 54,357 | $1,911 | $528,005 |
| 11.0 | 97113 | Cornelius | 16,268 | $2,138 | $476,877 |
| 12.3 | 97056 | Scappoose | 12,795 | $1,584 | $480,844 |
| 13.1 | 97119 | Gaston | 5,233 | — | $641,519 |
| 15.0 | 97231 | Portland | 4,308 | — | $686,659 |
| 15.8 | 97064 | Vernonia | 3,855 | — | $385,921 |
| 16.1 | 97006 | Beaverton | 46,463 | $1,921 | $487,797 |
| 16.3 | 97123 | Hillsboro | 48,410 | $2,305 | $514,942 |
| 16.7 | 97003 | Beaverton | 27,811 | $1,915 | $476,924 |
| 17.0 | 97053 | Warren | 3,634 | — | $639,425 |
| 17.0 | 97078 | Beaverton | 25,662 | $1,923 | $485,496 |
| 17.2 | 97229 | Portland | 76,106 | $2,223 | $723,247 |
| 18.9 | 97203 | Portland | 33,116 | $1,689 | $442,289 |
| 19.2 | 97051 | Saint Helens | 17,347 | $1,660 | $419,748 |
| 19.4 | 97007 | Beaverton | 47,895 | $1,917 | $585,903 |
| 19.5 | 97005 | Beaverton | 28,311 | $1,845 | $479,405 |
| 19.6 | 98660 | Vancouver | 13,212 | $1,964 | $457,715 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.