Home prices
The median home cost in Banks is $300,900. It is roughly $41,580 (12%) lower in comparison to its surrounding areas.Compared to the rest of the country it is about $83,400 (38%) higher, and compared to the city of Portland is roughly $111,100 (26%) lower.
Rents
In Banks the median monthly rent is $1,239. It is approximately $13 (1%) higher in comparison to its surrounding areas.In comparison to the nation as a whole it is roughly $177 (16%) higher, and is is very similar compared to the city of Portland.
Nearby places
North Plains
North Plains is roughly 4 miles east from Banks. Its real estate prices are somewhat more expensive. North Plains's median home cost is $358,600, which is $57,700 (16%) higher than Banks. Its rents are a little less expensive. In North Plains the median rent is $1,112 per month, which comes out to $127 (11%) lower than Banks.
Forest Grove
Forest Grove is about 5 miles south from Banks. Its housing prices are somewhat more expensive. The median home price in Forest Grove is $319,200, which works out to $18,300 (5%) higher than Banks. Rents there are somewhat less expensive. Forest Grove's median monthly rent is $1,081, which comes out to $158 (14%) lower than Banks.
Cornelius
Cornelius is about 6 miles south from Banks. Its real estate prices are somewhat less expensive. The median home in Cornelius costs $263,000, which comes out to $37,900 (14%) lower than Banks. Its rents are somewhat less expensive. Cornelius's median monthly rent is $1,102, which comes out to $137 (12%) lower than Banks.
Hillsboro
Hillsboro is roughly 8 miles southeast of Banks. Its real estate prices are a bit more expensive. Hillsboro's median home price is $342,500, which comes out to $41,600 (12%) higher than Banks. Rent there is somewhat more expensive. In Hillsboro the median monthly rent is $1,453, which comes out to $214 (14%) higher than Banks.
Rockcreek
Rockcreek is approximately 10 miles east from Banks. Real estate prices there are a little more expensive. Rockcreek's median home price is $429,100, which comes out to $128,200 (29%) higher than Banks. Rent there is a little more expensive. Rockcreek's median monthly rent is $1,383, which works out to $144 (10%) higher than Banks.
