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Banning, CA 92220 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Banning, CA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.20
ActiveActive listings: 6060PendingPending sales: 1212
Banning, CA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $427k$427kSoldMedian sold price (last 6 months): $375k$375k
What homes actually sell for in Banning, CA
Distribution of 433 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $305k to $497k
$125k to $184k: 20 sales$125k$184k to $244k: 21 sales$244k to $303k: 47 sales$244k$303k to $362k: 87 sales87sales$362k to $421k: 76 sales$362k$421k to $480k: 35 sales$480k to $540k: 81 sales$480k$540k to $599k: 23 salesMedian $375k

What the numbers say

As of October 26, 2026, Resideline is tracking 60 active listings and 12 pending sales in ZIP code 92220. That pending-to-active ratio of 0.20 makes it a faster-moving market: listings are going under contract faster than in most of the ZIP codes Resideline tracks.

The median asking price of current listings is $426,950, while the median of the 433 closed sales Resideline tracked over the last six months was $375,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 92220 for 82 days.

Frequently asked questions

What is the median home price in 92220?

The median closed sale price in Banning, CA 92220 was $375,000 over the last six months, based on 433 closed sales tracked by Resideline. The middle half of those sales ranged from $305,000 to $497,176.

Is 92220 a buyer's or seller's market?

Resideline is currently tracking 12 pending sales against 60 active listings in 92220, a pending-to-active ratio of 0.20. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 92220 is currently a faster-moving market.

Nearby ZIP code market data

Full Banning, CA housing market report →

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