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Banning, CA Real Estate & Property Data

Last Updated: August 30, 2025

It is crucial to have accurate and comprehensive real estate data to gain insights into the city of Banning, CA 92220. ATTOM offers up to date Banning real estate data that is refreshed daily. Current market trends reveal that in the past year, 556 residential properties have been sold in Banning, CA, with a median home price of $420,250. The average square footage of these properties is 1,542 sq ft, and the effective property tax rate is 0.91%. Additionally, there have been 8 foreclosures in the area in the past month. ATTOM is your one-stop-shop for detailed property data in Banning, CA, providing you with the real estate information you need.

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Total Residential Properties 12,238

Total Commercial Properties 829

Avg. Home Age (Single Family Home) 43 Years

Avg. Square Feet (Single Family Home) 1,542

Total 2025 Residential Sales (year-to-date) 249

% of Homes Seriously Underwater (Q3 2025) 1.56%

Total 2024 Residential Sales 505

% of Equity Rich Homes (Q3 2025) 34.15%

Effective 2024 Property Tax 0.91%

Total Foreclosure Filings (year-to-date) 56

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Banning, CA 92220 Real Estate Overview

There were 556 residential properties sold in the past year in Banning, CA 92220. The median home value in Banning, CA 92220 is $414,500. There are a total of 12,238 residential properties in the 92220.

Median Sales Price i

$420,250

(Jun 2025)

-10.2%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 $420,250
May '25 May '25 $388,000
April '25 Apr '25 $465,000
March '25 Mar '25 $360,500
February '25 Feb '25 $424,750
January '25 Jan '25 $435,750
December '24 Dec '24 $425,000
November '24 Nov '24 $439,000
October '24 Oct '24 $454,000
September '24 Sep '24 $412,500
August '24 Aug '24 $395,500
July '24 Jul '24 $427,000

Median Down Payment i

$69,897

(Jun 2025)

+128.2%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 $69,897
May '25 May '25 $24,181
April '25 Apr '25 $64,750
March '25 Mar '25 $34,450
February '25 Feb '25 $81,000
January '25 Jan '25 $75,301
December '24 Dec '24 $41,199
November '24 Nov '24 $45,500
October '24 Oct '24 $53,152
September '24 Sep '24 $17,462
August '24 Aug '24 $11,100
July '24 Jul '24 $65,000

Number of Homes Sold i

(Jun 2025)

-9.3%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 39
May '25 May '25 47
April '25 Apr '25 48
March '25 Mar '25 34
February '25 Feb '25 38
January '25 Jan '25 43
December '24 Dec '24 54
November '24 Nov '24 37
October '24 Oct '24 35
September '24 Sep '24 53
August '24 Aug '24 43
July '24 Jul '24 42

Number of Purchase Loans i

(Jun 2025)

-31%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 29
May '25 May '25 38
April '25 Apr '25 40
March '25 Mar '25 26
February '25 Feb '25 31
January '25 Jan '25 28
December '24 Dec '24 39
November '24 Nov '24 32
October '24 Oct '24 33
September '24 Sep '24 40
August '24 Aug '24 57
July '24 Jul '24 41

Number of REFI Loans i

(Jun 2025)

+64.7%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 28
May '25 May '25 31
April '25 Apr '25 38
March '25 Mar '25 21
February '25 Feb '25 22
January '25 Jan '25 23
December '24 Dec '24 34
November '24 Nov '24 29
October '24 Oct '24 31
September '24 Sep '24 33
August '24 Aug '24 32
July '24 Jul '24 26

Number of HELOC Loans i

(Jun 2025)

-50%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 4
May '25 May '25 9
April '25 Apr '25 9
March '25 Mar '25 9
February '25 Feb '25 4
January '25 Jan '25 4
December '24 Dec '24 10
November '24 Nov '24 8
October '24 Oct '24 8
September '24 Sep '24 9
August '24 Aug '24 7
July '24 Jul '24 6

Banning, CA 92220 Real Estate Market Overview

Last 30 days

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Banning, CA 92220 Foreclosure Activity

There were a total of 8 Banning, CA 92220 properties with a foreclosure filing in June 2025. Lenders started the foreclosure process on 6 Banning, CA 92220 properties and repossessed 1 Banning, CA 92220 properties through completed foreclosures (REOs) in June 2025.

Total Foreclosure Filings i

(Jun 2025)

+700%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years