Market report, updated

Banning Home Values and Market Report

Search in the city of Banning

Create your own market report
Livingbythefoothills.com
Report prepared by Livingbythefoothills.com Gilbert Garcia
Gilbert Garcia logo

Market at a glance

Over the last 12 months, homes sold for 99.6% of list price in 55 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $397K Sold · $398K
$460K$420K$380K$340K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 64 sales in Jun. Last month: 64.

Where the market stands

All homes in this report, by status.

913homes
Active270 · 30%
Under contract65 · 7%
Sold (12 mo)578 · 63%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.9months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$427K
Under contract$466K
Sold$395K

Average days on market

Active190 days
Under contract61 days
Sold55 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 270
Average list price $426,908
Avg. days on market 190 days
Avg. price per ft² $278
Avg. living area 1,627 ft²
Avg. beds / baths 2.7 / 2.2

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

76 homes didn’t report living area and aren’t shown.

5 homes are larger or pricier than this chart’s scale and aren’t shown.

$900K$600K$300K$0

Price vs. living area: 169 homes plotted, up to $900K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

93 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

582 N Almond$707
430 Martin Street$688
977 W Hays$484
43330 LONGHORN Road$475
18670 Cryer Drive$468
910 W George$467
1517 W Williams$447

All active listings (270)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1517 W WilliamsBanning, CA 92220 21928$415,000$4472 days
581 Dorothy AnnaBanning, CA 92220 421,723$525,000$3043 days
910 W GeorgeBanning, CA 92220 21930$434,900$4673 days
5499 Breckenridge AvenueBanning, CA 92220 232,133$529,500$2485 days
678 W BarbourBanning, CA 92220 321,044$420,000$4027 days
450 N HargraveBanning, CA 92220 21882$310,000$3516 days
5572 Rodriguez AvenueBanning, CA 92220 221,493$319,900$2143 days
3096 MohawkBanning, CA 92220 22984$395,000$4016 days
6018 Eagle Trace LaneBanning, CA 92220 221,254$270,000$2157 days
1300 Foothill DriveBanning, CA 92220 321,951$624,990$3207 days
Livingbythefoothills.com

Questions about this market?

Gilbert Garcia logo

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Livingbythefoothills.com Gilbert Garcia

Next steps

The Market is Shifting!

Find out how it has impacted your property's selling price 

Check your property value here.

Free and instant. We can follow up with a detailed valuation.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.