Banning, CA Home Values & Market Trends
Real estate market trends reflect that there have been 797 transactions over the past year in Banning. The median value for residential home transactions that occurred over the previous year is $404,975. The number of current listings in Banning is 1,061, and the percentage of properties for sale in the city is 1061.00%. Banning, CA currently has 73 properties in foreclosure, 23 bank owned properties, 11 properties headed for auction, and 1,061 properties for sale.
Banning, CA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 92220 | $ 404,975 $ 268/sqft |
Housing Market Summary for Banning, CA
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $409.9K | $420K | 2.45% |
| Median Sold Price | $398K | $407.6K | 2.41% |
| Homes For Sale | 602 | 1,050 | 74.42% |
| Homes Sold | 321 | 244 | -23.99% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Banning, CA
Browse Homes in Banning, CA
Banning home values range from $105,514 to $2,212,304. The median estimated value of a home in Banning is $404,975. The median list price of a home is 424,800, and the total count of properties in the city is 1,444.
- Pre-ForeclosurePre-foreclosure homes account for 2.70% of all residential properties in Banning, CA with 92220 containing 39 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Banning, CA; of that zips, the estimated home value for pre-foreclosure homes ranges from $706,513 in 92220 to the lowest home value of $330,000 in 92220.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Banning, CA ranges from the highest value of $556,051 in 92220 to the lowest value of $238,721 in 92220. Bank owned homes and properties account for 1.59% of properties in Banning, CA. There is 1 zips within Banning, CA; 92220 containing 23 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions92220 has 11 auction properties, the highest number of properties going to auction in a single zip in the state of Banning, CA. Auction homes and other auction properties account for 0.76% of all properties in Banning, CA. There is 1 zips within Banning, CA; of that zips, the median estimated home value for homes going to auction ranges from $578,492 in 92220 to the lowest value of $234,258 in 92220.
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More Real Estate Resources for Banning, CA
Guide for Banning, CA
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
