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Banning, CA Real Estate & Property Data

Last Updated: April 22, 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, 568 residential properties have been sold in Banning, CA, with a median home price of $424,500. The average square footage of these properties is 1,539 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 12,227

Total Commercial Properties 828

Avg. Home Age (Single Family Home) 43 Years

Avg. Square Feet (Single Family Home) 1,539

Total 2025 Residential Sales (year-to-date) 85

% of Homes Seriously Underwater (Q2 2025) 1.48%

Total 2024 Residential Sales 517

% of Equity Rich Homes (Q2 2025) 35.18%

Effective 2024 Property Tax 0.91%

Total Foreclosure Filings (year-to-date) 19

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Banning, CA 92220 Real Estate Overview

There were 568 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 12,227 residential properties in the 92220.

Median Sales Price i

$424,500

(Feb 2025)

+6.1%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $424,500
January '25 Jan '25 $439,000
December '24 Dec '24 $411,500
November '24 Nov '24 $439,000
October '24 Oct '24 $455,250
September '24 Sep '24 $412,500
August '24 Aug '24 $405,000
July '24 Jul '24 $427,000
June '24 Jun '24 $468,000
May '24 May '24 $392,250
April '24 Apr '24 $448,000
March '24 Mar '24 $380,000

Median Down Payment i

$85,000

(Feb 2025)

+304.8%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $85,000
January '25 Jan '25 $81,500
December '24 Dec '24 $43,141
November '24 Nov '24 $45,500
October '24 Oct '24 $60,500
September '24 Sep '24 $17,462
August '24 Aug '24 $10,950
July '24 Jul '24 $65,000
June '24 Jun '24 $30,625
May '24 May '24 $80,199
April '24 Apr '24 $47,174
March '24 Mar '24 $33,700

Number of Homes Sold i

(Feb 2025)

+21.9%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 39
January '25 Jan '25 46
December '24 Dec '24 58
November '24 Nov '24 38
October '24 Oct '24 35
September '24 Sep '24 53
August '24 Aug '24 48
July '24 Jul '24 42
June '24 Jun '24 43
May '24 May '24 46
April '24 Apr '24 49
March '24 Mar '24 39

Number of Purchase Loans i

(Feb 2025)

+8.1%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 40
January '25 Jan '25 51
December '24 Dec '24 71
November '24 Nov '24 63
October '24 Oct '24 46
September '24 Sep '24 40
August '24 Aug '24 57
July '24 Jul '24 40
June '24 Jun '24 42
May '24 May '24 54
April '24 Apr '24 60
March '24 Mar '24 57

Number of REFI Loans i

(Feb 2025)

+4.8%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 22
January '25 Jan '25 28
December '24 Dec '24 34
November '24 Nov '24 29
October '24 Oct '24 30
September '24 Sep '24 32
August '24 Aug '24 31
July '24 Jul '24 27
June '24 Jun '24 17
May '24 May '24 22
April '24 Apr '24 21
March '24 Mar '24 17

Number of HELOC Loans i

(Feb 2025)

-50%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 4
January '25 Jan '25 6
December '24 Dec '24 10
November '24 Nov '24 8
October '24 Oct '24 8
September '24 Sep '24 9
August '24 Aug '24 8
July '24 Jul '24 6
June '24 Jun '24 8
May '24 May '24 14
April '24 Apr '24 3
March '24 Mar '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 February 2025. Lenders started the foreclosure process on 6 Banning, CA 92220 properties and repossessed 1 Banning, CA 92220 properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i

(Feb 2025)

+14.3%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years