8 homes in near MORONGO SCHOOL
Homes for Sale near MORONGO SCHOOL
BANNING, CA
About Homes near MORONGO SCHOOL
About BANNING: MORONGO SCHOOL 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 within about 2 miles of MORONGO SCHOOL in BANNING. The area around the school has 8 active listings.
MORONGO SCHOOL Area Market Pulse
Topfind Market Read
Buyers hold the edge right now. 8.0 months of supply is more than current demand absorbs, and the typical home takes about 136 days to sell. Buyers are firmly in control and can negotiate hard, while sellers need sharp pricing to draw attention.
Median Home Price
$550K
Chart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
8.0 months of supply
Ample Supply8 active listings, plenty of options to choose from.
What this means for buyers
There is more inventory than recent sales absorb, so buyers have plenty of options and stronger footing to negotiate price and terms. Listings typically sell in ~136 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.
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 MORONGO SCHOOL 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 increase with bedroom count, though premiums vary by size.
Each additional bedroom adds about $113K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$163K)
Price Reductions
4 listings have reduced their price
50% of active listings
Average reduction: 2.8% (~$15K)
MORONGO SCHOOL Area Market Overview
Buyers in the MORONGO SCHOOL area are looking at a median list price of $550,000. That runs roughly 37.8% higher than BANNING as a whole. Since January, the median price has moved down about 18.5% to $300,000 as of June. The MORONGO SCHOOL area has 8 active listings on the market right now. The homes shown here are near MORONGO SCHOOL rather than confirmed within an attendance zone, so verify enrollment eligibility with the district.
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Nearby Schools
Frequently Asked Questions about Homes near MORONGO SCHOOL
How many homes are for sale in MORONGO SCHOOL Area, CA?
There are currently 8 homes for sale in MORONGO SCHOOL Area, ranging from $360,000 to $699,000.
What is the median home price in MORONGO SCHOOL Area?
The median list price in MORONGO SCHOOL Area is $550,000. Price per square foot averages $328.
How fast do homes sell in MORONGO SCHOOL Area?
Homes in MORONGO SCHOOL Area currently average 136 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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