Banning, CA Real Estate & Property Data

Banning Real Estate Market Trends
Last Updated: September 27, 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, 571 residential properties have been sold in Banning, CA, with a median home price of $379,000. The average square footage of these properties is 1,542 sq ft, and the effective property tax rate is 0.92%. Additionally, there have been 3 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.

Banning Real Estate Market Trends
Total Residential Properties 12,244
Total Commercial Properties 794
Avg. Home Age (Single Family Home) 43 Years
Avg. Square Feet (Single Family Home) 1,542
Total 2025 Residential Sales (year-to-date) 307
% of Homes Seriously Underwater (Q3 2025) 1.55%
Total 2024 Residential Sales 505
% of Equity Rich Homes (Q3 2025) 33.89%
Effective 2024 Property Tax 0.92%
Total Foreclosure Filings (year-to-date) 59
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Banning, CA 92220 Real Estate Overview

There were 571 residential properties sold in the past year in Banning, CA 92220. The median home value in Banning, CA 92220 is $414,184. There are a total of 12,244 residential properties in the 92220.

Median Sales Price i
$379,000
(Jul 2025)
-11.2%
year-over-year
y-o-y
  • July '25 Jul '25 $379,000
  • 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
Median Down Payment i
$21,488
(Jul 2025)
-66.9%
year-over-year
y-o-y
  • July '25 Jul '25 $21,488
  • 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
Number of Homes Sold i
58
(Jul 2025)
+38.1%
year-over-year
y-o-y
  • July '25 Jul '25 58
  • 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
Number of Purchase Loans i
39
(Jul 2025)
-4.9%
year-over-year
y-o-y
  • July '25 Jul '25 39
  • 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
Number of REFI Loans i
32
(Jul 2025)
+23.1%
year-over-year
y-o-y
  • July '25 Jul '25 32
  • 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
Number of HELOC Loans i
8
(Jul 2025)
+33.3%
year-over-year
y-o-y
  • July '25 Jul '25 8
  • 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

Banning, CA 92220 Foreclosure Activity

There were a total of 3 Banning, CA 92220 properties with a foreclosure filing in July 2025. Lenders started the foreclosure process on 2 Banning, CA 92220 properties and repossessed 4 Banning, CA 92220 properties through completed foreclosures (REOs) in July 2025.

Total Foreclosure Filings i
3
(Jul 2025)
-70%
year-over-year
y-o-y
  • July '25 Jul '25 3
  • June '25 Jun '25 8
  • May '25 May '25 14
  • April '25 Apr '25 10
  • March '25 Mar '25 5
  • February '25 Feb '25 8
  • January '25 Jan '25 11
  • December '24 Dec '24 6
  • November '24 Nov '24 2
  • October '24 Oct '24 10
  • September '24 Sep '24 8
  • August '24 Aug '24 7
Foreclosure Starts i
2
(Jul 2025)
-60%
year-over-year
y-o-y
  • July '25 Jul '25 2
  • June '25 Jun '25 6
  • May '25 May '25 10
  • April '25 Apr '25 9
  • March '25 Mar '25 2
  • February '25 Feb '25 6
  • January '25 Jan '25 9
  • December '24 Dec '24 6
  • November '24 Nov '24 N/A
  • October '24 Oct '24 7
  • September '24 Sep '24 7
  • August '24 Aug '24 2
Completed Foreclosures (REOs) i
4
(Jul 2025)
+100%
year-over-year
y-o-y
  • July '25 Jul '25 4
  • June '25 Jun '25 1
  • May '25 May '25 N/A
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 1
  • January '25 Jan '25 1
  • December '24 Dec '24 2
  • November '24 Nov '24 N/A
  • October '24 Oct '24 4
  • September '24 Sep '24 2
  • August '24 Aug '24 N/A
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