159 homes in zoned to Hoffer Elementary
Banning, CA

About Banning: Hoffer Elementary is located in Banning. Banning is a city in Riverside County, California, United States. Its population was 29,505 as of the 2020 census, down from 29,603 at the 2010 census. It is situated in the San Gorgonio Pass, also known as Banning Pass. It is named for Phineas Banning, stagecoach line owner and the "Father of the Port of Los Angeles."
These are homes for sale inside the attendance boundary for Hoffer Elementary in Banning (Topfind School Score: 2/10). Every home here is actually assigned to this school per the official attendance zone, not just nearby. This zone has 36 active listings.
Topfind Market Read
The picture is mixed here. There is only 1.2 months of supply, yet the typical home takes about 80 days to sell, and sale prices have eased 11% over the last six months and are 2% below a year ago, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$467K
↓ 2% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
1.2 months of supply
Tight Supply36 active listings against the current sales pace works out to about 1.2 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~80 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs. The trend is moving the other way though, with selling times down 21% over the last six months.
Inventory Distribution
A larger share of listings has been up beyond 30 days, which typically means more room to negotiate on those longer-listed homes.
Housing Tenure in Hoffer Elementary Area
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
71%
Homeowners
29%
Renters
Homeownership is 15.5 points higher than the California average (55.5%)
11,494 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $67K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$260K)
Price Reductions
18 listings have reduced their price
50% of active listings
Average reduction: 6.8% (~$32K)
Hoffer Elementary is an elementary school in the Banning Unified district. Its Topfind School Score is 2. Listings shown here sit within the mapped attendance boundary, meaning homes here are assigned to Hoffer Elementary. The median list price in the Hoffer Elementary attendance zone is $467,000. Compared with Banning overall, that is a 17.0% premium. Current inventory stands at 36 active listings. February to July saw the median price go from $399,950 to $355,000, down about 11.2%.
Browse homes for sale in cities near Banning
There are currently 36 homes for sale in Hoffer Elementary Area, ranging from $118,000 to $2,000,000. 1 of them hit the market within the last week.
The median list price in Hoffer Elementary Area is $467,000. Price per square foot averages $345. Prices are down 2.3% compared to a year ago.
Homes in Hoffer Elementary Area currently average 80 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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