Start Free
All market snapshots / 92220

Banning, CA 92220 Housing Market

Data snapshot: October 12, 2026. Closed-sale window: last 6 months.
Banning, CA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.26
ActiveActive listings: 5858PendingPending sales: 1515
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): $390k$390kSoldMedian sold price (last 6 months): $375k$375k
What homes actually sell for in Banning, CA
Distribution of 434 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $307k to $499k
$125k to $184k: 21 sales$125k$184k to $244k: 20 sales$244k to $303k: 43 sales$244k$303k to $363k: 89 sales89sales$363k to $422k: 77 sales$363k$422k to $482k: 35 sales$482k to $541k: 79 sales$482k$541k to $601k: 28 salesMedian $375k

What the numbers say

As of October 12, 2026, Resideline is tracking 58 active listings and 15 pending sales in ZIP code 92220. That pending-to-active ratio of 0.26 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $389,950, while the median of the 434 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 73 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 434 closed sales tracked by Resideline. The middle half of those sales ranged from $307,000 to $499,000.

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

Resideline is currently tracking 15 pending sales against 58 active listings in 92220, a pending-to-active ratio of 0.26. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 92220 currently looks like a balanced market.

Nearby ZIP code market data

Full Banning, CA housing market report →

Running a deal in 92220? Free tools: ARV calculator · rehab cost estimator · BRRRR calculator · wholesale calculator

Run any 92220 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.