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Banning, CA 92220 Real Estate & Property Data

Banning, CA 92220 Real Estate Market Trends

Last Updated: April 26, 2024

A total of 593 residential properties have been sold over the past 12 months in 92220. With a median sales price of $400,000 in 92220 and a total of 7 foreclosures in Banning, CA 92220. Discover market trends and get the granular level real estate data for Banning, CA 92220 to keep your pulse on the housing market. Curate compelling home reports for Banning, CA 92220 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Banning, CA 92220 Real Estate Market Trends

Get property data for any address in Banning, CA 92220 or the country:

Total Residential Properties 12,058

Total Commercial Properties 785

Avg. Home Age (Single Family Home) 43 Years

Avg. Square Feet (Single Family Home) 1,530

Total 2024 Residential Sales (year-to-date) 65

% of Homes Seriously Underwater (Q2 2024) 1.47%

Total 2023 Residential Sales 561

% of Equity Rich Homes (Q2 2024) 36.06%

Effective 2023 Property Tax 0.89%

Total Foreclosure Filings (year-to-date) 13

Banning, CA 92220 Real Estate Overview

There were 593 residential properties sold in the past year in Banning, CA 92220. The median home value in Banning, CA 92220 is $399,488. There are a total of 12,058 residential properties in the 92220.

Median Sales Price i

$400,000

(Feb 2024)

+0.5%

year-over-year

y-o-y

February '24 Feb '24 $400,000
January '24 Jan '24 $440,000
December '23 Dec '23 $378,000
November '23 Nov '23 $408,000
October '23 Oct '23 $382,500
September '23 Sep '23 $398,000
August '23 Aug '23 $406,000
July '23 Jul '23 $394,500
June '23 Jun '23 $356,000
May '23 May '23 $395,000
April '23 Apr '23 $370,000
March '23 Mar '23 $375,000

Median Down Payment i

$21,000

(Feb 2024)

-30.6%

year-over-year

y-o-y

February '24 Feb '24 $21,000
January '24 Jan '24 $37,906
December '23 Dec '23 $13,502
November '23 Nov '23 $32,534
October '23 Oct '23 $27,500
September '23 Sep '23 $96,875
August '23 Aug '23 $28,000
July '23 Jul '23 $67,400
June '23 Jun '23 $81,250
May '23 May '23 $48,951
April '23 Apr '23 $13,625
March '23 Mar '23 $52,500

Number of Homes Sold i

31

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 31
January '24 Jan '24 34
December '23 Dec '23 45
November '23 Nov '23 33
October '23 Oct '23 48
September '23 Sep '23 47
August '23 Aug '23 50
July '23 Jul '23 57
June '23 Jun '23 55
May '23 May '23 74
April '23 Apr '23 42
March '23 Mar '23 46

Number of Purchase Loans i

34

(Feb 2024)

+25.9%

year-over-year

y-o-y

February '24 Feb '24 34
January '24 Jan '24 33
December '23 Dec '23 95
November '23 Nov '23 54
October '23 Oct '23 42
September '23 Sep '23 59
August '23 Aug '23 39
July '23 Jul '23 41
June '23 Jun '23 49
May '23 May '23 71
April '23 Apr '23 35
March '23 Mar '23 39

Number of REFI Loans i

21

(Feb 2024)

+133.3%

year-over-year

y-o-y

February '24 Feb '24 21
January '24 Jan '24 30
December '23 Dec '23 25
November '23 Nov '23 20
October '23 Oct '23 15
September '23 Sep '23 16
August '23 Aug '23 20
July '23 Jul '23 21
June '23 Jun '23 26
May '23 May '23 20
April '23 Apr '23 19
March '23 Mar '23 23

Number of HELOC Loans i

8

(Feb 2024)

+166.7%

year-over-year

y-o-y

February '24 Feb '24 8
January '24 Jan '24 3
December '23 Dec '23 10
November '23 Nov '23 5
October '23 Oct '23 4
September '23 Sep '23 5
August '23 Aug '23 4
July '23 Jul '23 7
June '23 Jun '23 7
May '23 May '23 9
April '23 Apr '23 4
March '23 Mar '23 4

Banning, CA 92220 Real Estate Market Overview

Last 30 days

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Banning, CA 92220 Foreclosure Activity

There were a total of 7 Banning, CA 92220 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

7

(Feb 2024)

-30%

year-over-year

y-o-y

February '24 Feb '24 7
January '24 Jan '24 6
December '23 Dec '23 2
November '23 Nov '23 6
October '23 Oct '23 6
September '23 Sep '23 9
August '23 Aug '23 2
July '23 Jul '23 5
June '23 Jun '23 10
May '23 May '23 9
April '23 Apr '23 6
March '23 Mar '23 3

Foreclosure Starts i

6

(Feb 2024)

-33.3%

year-over-year

y-o-y

February '24 Feb '24 6
January '24 Jan '24 4
December '23 Dec '23 2
November '23 Nov '23 5
October '23 Oct '23 5
September '23 Sep '23 4
August '23 Aug '23 1
July '23 Jul '23 4
June '23 Jun '23 9
May '23 May '23 5
April '23 Apr '23 3
March '23 Mar '23 2

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 2
November '23 Nov '23 N/A
October '23 Oct '23 1
September '23 Sep '23 N/A
August '23 Aug '23 1
July '23 Jul '23 1
June '23 Jun '23 N/A
May '23 May '23 1
April '23 Apr '23 N/A
March '23 Mar '23 1

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