92220 Real Estate Market

92220 Market

The median sale price for homes in 92220 over the last 12 months is $148,000.


The median mortgage debt is $113,788.

Additional Statistics for Single Family Homes and Condos in Banning, CA
$169,290
Median Listing Price
100
Median Days on Market
137
Active Listings
24.1%
Distressed Listings
(foreclosures and short sales)
92220 (Banning, CA) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Banning is $176,900. The list prices increased by 1.08% from the previous month.

The price per square foot for listings in this area is $137.

The median sale price in January for single family homes is $62,750. The sale prices dropped by -45.43% from the previous month.

The price per square foot for sales in this area is $41.

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92220 (Banning, CA) Market Inventory Trends

The number of active listings in Banning dropped by 5.6% from the previous month.

The median number of days active properties have been listed is 98.

The number of sales in January dropped by 93.9% from the previous month.

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92220 (Banning, CA) Property Ownership

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.