160 homes in Banning
Homes for Sale in Banning, TN
About Banning, TN Real Estate
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."
Banning is a pass city between the San Bernardino and San Jacinto Mountains. Offers affordable housing, casino gaming at Morongo, and gateway to desert recreation.
Today, Banning has 160 homes for sale at a median price of $410,000, typically selling in about 62 days. Families here choose from 1 schools rated 8 or higher on the Topfind School Score.
Top Rated Schools in Banning
Powered by the Topfind School Score
- 9Beaumont Middle College Highhigh school
- 5Banning Highhigh school
- 4Hemmerling Elementaryelementary
- 3Central Elementaryelementary
- 2Hoffer Elementaryelementary
- 1Banning Independent Studyelementary-high combination
Why Live in Banning?
- Affordable mountain pass living
- Morongo Casino nearby
- Gateway to desert
- Small-town atmosphere
Popular Neighborhoods in Banning
Banning Market Pulse
Median Home Price
$355K
↓ 18.4% over the past yearMonths of Supply
Estimated time to sell all listings at the current sales pace
4.2 months of supply
Balanced Market160 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step—a steady flow of options without a glut. Listings typically sell in ~62 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market—buyers often have strong leverage to negotiate price, terms, and repairs. Sales 24% faster than 6 months ago.
Inventory Distribution
Homes are selling at a healthy pace—more listings move within 30 days than sit longer on the market.
Most homes are selling within a month, but a meaningful share is starting to linger longer.
Housing Tenure in Banning
Homeownership is significantly higher than average—this is a homeowner-dominated market with more long-term residents.
71%
Homeowners
29%
Renters
Homeownership is 15.5% higher than the California average (55.5%)
11,494 households (2023)
Median Price by Bedroom
Home prices rise significantly with each additional bedroom.
Each additional bedroom adds about $79K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$148K)
Price Reductions
69 listings have reduced their price
43% of active listings
Average reduction: 6.9% (~$28K)
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