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Foreclosure Homes in Banks, OR

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Sw-121st-ave-Tigard-OR-97223
Foreclosure

Sw 121st Ave
Tigard, OR 97223

Sw-121st-ave-Tigard-OR-97223
Foreclosure
$505,000 EMV

Sw 121st Ave
Tigard, OR 97223

4 Bed | 2 Bath | 2,146 Sq. Ft.

Sw-jacktown-rd-Beaverton-OR-97078
Foreclosure
$912,900 EMV

Sw Jacktown Rd
Beaverton, OR 97078

Sw-kingbird-dr-Beaverton-OR-97007
Foreclosure
$393,652 EMV

Sw Kingbird Dr
Beaverton, OR 97007

3 Bed | 2 Bath | 1,439 Sq. Ft.

1 Se-74th-way-Hillsboro-OR-97123
Foreclosure
$449,900 List Price

Se 74th Way
Hillsboro, OR 97123

3 Bed | 2 Bath | 1,420 Sq. Ft.

Sw-180th-ave-Beaverton-OR-97078
Foreclosure

Sw 180th Ave
Beaverton, OR 97078

Sw-sister-ln-Beaverton-OR-97003
Preforeclosure
$444,743 EMV

Sw Sister Ln
Beaverton, OR 97003

4 Bed | 3 Bath | 1,626 Sq. Ft.

Sw-maple-ln-Portland-OR-97225
Preforeclosure
$650,692 EMV

Sw Maple Ln
Portland, OR 97225

3 Bed | 2 Bath | 3,558 Sq. Ft.

Nw-yorkshire-ln-Portland-OR-97229
Preforeclosure
$389,339 EMV

Nw Yorkshire Ln
Portland, OR 97229

2 Bed | 2 Bath | 1,632 Sq. Ft.

Sw-174th-ave-Beaverton-OR-97003
Preforeclosure
$354,831 EMV

Sw 174th Ave
Beaverton, OR 97003

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Foreclosure Homes in Banks, OR

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Banks, OR area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Banks, OR and much more. Save thousands at closing with home foreclosure listings in Banks, OR — up to 75% off market value!


Top Reasons To Live In Banks, OR In 2021

Banks is located in Washington, Oregon, with an estimated municipal population of 2,036 residents. All of the best foreclosed homes for sale in Banks are located in the following zip code areas on Foreclosure.com: 97106. The estimated population per square kilometer (.62 miles) in Banks is 1,094.


Cost Of Living In Banks, OR

So, about how much do homes cost in Banks? The most recent median value of resident-owned homes in Banks is 302,314. An estimated 81.3 percent of households in Banks own their homes, with an average family size of 3.65. The median household income in Banks is 106,250, with54.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Banks, the median commute time of resident workers (in minutes) is 25.5. And last, but certainly not least, are you looking for homes to rent in Banks? If so, the average rent price paid by renters in Banks is 1,239, according to recent statistics.


Diversity And Demographics In Banks, Oregon

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Banks, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Banks is 30.1, split between 49.2 percent male versus 50.8 female. The percentage of residents who report being married in Banks is 54.4, with an average family size of 3.65.

The percentage of residents who report their race in Banks is as follows:

White 91.3%
Black / African American 0.3%
Asian 1.4%
American Indian / Alaskan Native 0.6%
Native Hawaiian / Other Pacifc Islander 0.2%
Multi-racial 5.3%
Other 1%

Looking for family-friendly neighborhoods in and/or near Banks? Or maybe you are searching for 55+ active adult communities in and/or near Banks?

The percentage of residents who report their age in Banks is as follows:

Under 10 15.7%
Aged 10-19 18.5%
20s 15.6%
30s 14.6%
40s 16.4%
50s 11.5%
60s 5.4%
70s 1.7%
80+ 0.5%

Best Schools In Banks, Oregon

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Banks with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Banks.


Pros And Cons Of Living In Banks, Oregon

How do you know that living in -- or moving to -- Banks is right where you need to be? Perhaps you grew up in Banks or already live nearby; therefore, the decision to buy a home in Banks is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Banks for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Banks:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Banks.


Reasons To Move To Banks, Oregon, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Banks can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Banks, meanwhile, can field multiple offers from more qualified buyers.

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