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OR area data

Banks, OR

Banks, OR.

Population: 4,855 (Census ACS)

Home values & appreciation

Median home value
$635,203
1-year appreciation
-0.1%
3-year appreciation
+1.9%
5-year appreciation
+9.6%
10-year appreciation
+66.3%
All-time peak (2022-06)
$663,181
House Price Index
623.5 (+0.5% YoY)

Market activity

Median sale price
$685,500
Median list price
$609,950
Median days on market
89 days
Sale-to-list ratio
99.9%
Active listings
9
1-year forecast
-1.2%
New listings (monthly)
5

Rents

2-bedroom fair-market rent (HUD reference)
$1,558/mo
3BR fair-market rent
$2,026/mo

Affordability

Cost of living index (Above Average)
101.5 (100 = US avg)
Electricity rate (state-level)
15.4¢/kWh
Natural gas rate (state-level)
$16.70/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
3
Elementary schools
1
Middle schools
1
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
coldWave, earthquake, heatWave, iceStorm, inlandFlooding
FEMA flood zone
A
Flood risk level
High

Climate (30-year normals)

Average annual temperature
52.0°F
Average high
62.0°F
Average low
42.0°F
Annual precipitation
43.6 in

Air quality

Air quality rating
Good
Median AQI (annual)
36
Days with Good air quality
269

Walkability & transit

Walkability index
6.8 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
2
Nearest national park
Fort Vancouver National Historic Site (22 mi)
Nearest airport
Chadwick Airport (3 mi)
Nearest major airport
Portland Hillsboro Airport (HIO) (12 mi)
Hospitals nearby (~15 mi)
4
Avg hospital rating
3.0 / 5
Solar radiation rating
Fair (3.6 kWh/m²/day)

Migration

Net migration
-1,175 tax filers

Housing stock

Median year housing built
1,991
Median annual property tax
$4,511
Mean commute to work
21 min
Households with broadband internet
65.2%

Employment & development

Total county employment
284,978
Average weekly wage
$1,698
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
1,992

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents