92220 California Real Estate Market Trends & Home Values

92220

92220 Home Values & Market Trends

There are 958 homes currently listed for 92220. 92220 real estate market trends show that home prices range from $46,000 to $3,395,000, and the median sales price in the 92220 zip code is $408,528. The total number of properties sold within the past twelve months is 524. In 92220, 61 properties are in foreclosure, 16 are bank owned properties,and 11 are headed for auction.

92220 Real Estate Market Overview

City	Median Est. Value
Banning	$ 408,528 $ 273/sqft

City

Median Est. Value

Banning

$ 408,528

$ 273/sqft

Housing Market Summary for 92220

	Jun 2025	May 2026	Change
Median Listing Price	$385K	$400K	3.90%
Median Sold Price	$406K	$416.6K	2.61%
Homes For Sale	111	953	758.56%
Homes Sold	438	184	-57.99%

Price

$/Sqft

Homes For Sale

0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Recently Sold Homes

Explore recent offers and recently sold homes in 92220

Recently Sold

$544,472

Sold Price

3 beds

2 baths

1,950 sqft

5,662 sqft lot

1749 Oleander Pl, Banning, CA 92220

Recently Sold

3,502 sqft lot

2142 Linden Ln, Banning, CA 92220

Recently Sold

$512,090

Sold Price

4 beds

3 baths

2,432 sqft

7,078 sqft lot

5897 Verde Way, Banning, CA 92220

Browse Homes in 92220

The median list price of a home in Banning, is $408,528. A total of 958 properties are for sale, and the percentage of properties for sale in the zip code is 958.00%. The total count of 92220 properties is 1,273.

Foreclosure

There is 1 cities within 92220; within this cities, the median estimated home value for homes in foreclosure ranges from $607,432 in banning to the lowest value of $257,600 in banning. Foreclosure homes account for 4.00% of properties in 92220 with banning containing 61 foreclosures, the highest number of foreclosure properties in a single city.

Pre-Foreclosure
Pre-foreclosure homes account for 2.67% of all residential properties in 92220 with banning containing 34 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 92220; of that cities, the estimated home value for pre-foreclosure homes ranges from $607,432 in banning to the lowest home value of $305,638 in banning.
Bank Owned
The median estimated home value of bank owned homes (REO properties) in 92220 ranges from the highest value of $570,029 in banning to the lowest value of $257,600 in banning. Bank owned homes and properties account for 1.26% of properties in 92220. There is 1 cities within 92220; banning containing 16 REO properties, has the highest number of bank owned properties in a single city.
Auctions
banning has 11 auction properties, the highest number of properties going to auction in a single city in the state of 92220. Auction homes and other auction properties account for 0.86% of all properties in 92220. There is 1 cities within 92220; of that cities, the median estimated home value for homes going to auction ranges from $595,000 in banning to the lowest value of $287,655 in banning.

Homes for Sale

Homes and properties that are actively listed for sale account for 75.26% of residential properties in 92220 with banning containing 958 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 92220; homes for sale in that cities, have a range of median values from $2,500,000 in banning to the lowest value of $140,121 in banning.

Sold Homes

The median value for recently sold homes ranges from $3,774,539 in banning to the lowest price of $130,259 in banning. There is 1 cities within 92220. banning has 193 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 15.16% of properties in 92220.

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