All Home Types
Banning, CA Housing Market
What is the housing market like in Banning today?
In October 2024, Banning home prices were up 23.5% compared to last year, selling for a median price of $465K. On average, homes in Banning sell after 36 days on the market compared to 53 days last year. There were 24 homes sold in October this year, down from 33 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$465,000
+23.5% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Banning, CA
$465,000
+23.5%
United States
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Banning Migration & Relocation Trends
In Sep '24 - Nov '24, 21% of Banning homebuyers searched to move out of Banning, while 79% looked to stay within the metropolitan area.
- Across the nation, 5% of homebuyers searched to move into Banning from outside metros.
- San Francisco homebuyers searched to move into Banning more than any other metro followed by New York and Hermiston.
Where are people moving to Banning from?
- 79% of Banning homebuyers searched to stay within the Banning metropolitan area.
- San Diego was the most popular destination among Banning homebuyers followed by Las Vegas and Bakersfield.
Where are people from Banning moving to?
Number of People Moving to Banning
least
most
People are moving to Banning from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 2,794 | ||
| 2 | 178 | ||
| 3 | 71 | ||
| 4 | 41 | ||
| 5 | 9 | ||
| 6 | 5 | ||
| 7 | 4 | ||
| 8 | 3 | ||
| 9 | 3 | ||
| 10 | 3 | ||
People are leaving Banning for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 5,918 | ||
| 2 | 5,000 | ||
| 3 | 3,566 | ||
| 4 | 2,561 | ||
| 5 | 2,401 | ||
| 6 | 2,185 | ||
| 7 | 1,848 | ||
| 8 | 1,678 | ||
| 9 | 1,570 | ||
| 10 | 1,543 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
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