Banning, CA housing market — Condo/Co-op
See Banning, CA median sale price, sale-to-list ratio, supply, and days on market for condo/co-op, with source periods and historical context.
- Median sale price
- $285,797
- Average sale-to-list ratio
- 96.5%
- Months of supply
- 2.4 months
- Median days on market
- 107.0 days
Redfin Data Center methodology · 2026-05-01 to 2026-05-31 · Not seasonally adjusted · Older observation
Median sale price per square foot: $232.
This condo/co-op snapshot describes the source reporting period above. Sale-to-list compares recorded sale prices with asking prices; supply and days on market describe different aspects of the same observation. These are market statistics, not an individual home valuation.
Before you make an offer
For Banning, condo/co-op, 2026-05-01 to 2026-05-31, the average final sale-to-list ratio was 96.5% and supply was 2.4 months (not seasonally adjusted). These historical market aggregates provide offer context; compare individual comparable sales and observed condition before deciding a price. They do not predict acceptance.
Redfin methodology: sale-to-list uses final sale and final list prices; median days on market describes homes going under contract during the reporting period.
Source observations
| Period beginning | Period ending | Median sale price | Sale-to-list | Supply | Days on market |
|---|---|---|---|---|---|
| 2026-05-01 | 2026-05-31 | $285,797 | 96.5% | 2.4 months | 107.0 days |
| 2026-04-01 | 2026-04-30 | $315,000 | 95.2% | 5.7 months | 101.0 days |
| 2026-03-01 | 2026-03-31 | $267,000 | 96.8% | 5.3 months | 58.0 days |
| 2026-02-01 | 2026-02-28 | $317,000 | 100.0% | 9.0 months | 69.0 days |
| 2026-01-01 | 2026-01-31 | $300,000 | 99.2% | 6.3 months | 29.0 days |
| 2025-10-01 | 2025-10-31 | $337,500 | 98.9% | 2.5 months | 87.0 days |
| 2025-09-01 | 2025-09-30 | $300,000 | 97.8% | 4.0 months | 79.0 days |
| 2025-08-01 | 2025-08-31 | $315,000 | 100.0% | 2.4 months | 42.0 days |
| 2025-07-01 | 2025-07-31 | $300,000 | 100.0% | 14.0 months | 189.0 days |
| 2025-06-01 | 2025-06-30 | $330,000 | 91.1% | 5.0 months | 61.0 days |
| 2025-05-01 | 2025-05-31 | $315,000 | 96.6% | 4.3 months | 130.0 days |
| 2025-03-01 | 2025-03-31 | $335,000 | 99.0% | 4.0 months | 76.0 days |
| 2025-02-01 | 2025-02-28 | $260,000 | 101.2% | 5.5 months | 27.0 days |
| 2025-01-01 | 2025-01-31 | $249,000 | 96.0% | 5.5 months | 82.0 days |
| 2024-12-01 | 2024-12-31 | $371,000 | 98.1% | 7.0 months | 16.0 days |
| 2024-09-01 | 2024-09-30 | $326,500 | 100.0% | 0.5 months | 8.0 days |
| 2024-08-01 | 2024-08-31 | $279,000 | 98.4% | 0.8 months | 71.0 days |
| 2024-07-01 | 2024-07-31 | $310,000 | 100.3% | 1.2 months | 34.0 days |
| 2024-06-01 | 2024-06-30 | $330,000 | 96.9% | 3.0 months | 40.0 days |
| 2024-05-01 | 2024-05-31 | $328,000 | 96.9% | 3.0 months | 46.0 days |
| 2024-04-01 | 2024-04-30 | $295,000 | 101.0% | 1.5 months | 35.0 days |
| 2024-03-01 | 2024-03-31 | $340,500 | 96.4% | 3.0 months | 51.0 days |
| 2024-02-01 | 2024-02-29 | $325,000 | 97.0% | 1.7 months | 56.0 days |
| 2024-01-01 | 2024-01-31 | $308,000 | 100.0% | 4.0 months | 77.0 days |
Explore property types
Market trends and broader context
Source geography and property type are shown for every series. Broader context is not a local market estimate. Charts may use different source reporting windows.
Months Of Supply — Banning, CA
external_market_factor_snapshots · Condo/Co-op
| Period ending | Value (months) |
|---|---|
| 2024-01-31 | 4.0 |
| 2024-02-29 | 1.7 |
| 2024-03-31 | 3.0 |
| 2024-04-30 | 1.5 |
| 2024-05-31 | 3.0 |
| 2024-06-30 | 3.0 |
| 2024-07-31 | 1.2 |
| 2024-08-31 | 0.8 |
| 2024-09-30 | 0.5 |
| 2024-12-31 | 7.0 |
| 2025-01-31 | 5.5 |
| 2025-02-28 | 5.5 |
| 2025-03-31 | 4.0 |
| 2025-05-31 | 4.3 |
| 2025-06-30 | 5.0 |
| 2025-07-31 | 14.0 |
| 2025-08-31 | 2.4 |
| 2025-09-30 | 4.0 |
| 2025-10-31 | 2.5 |
| 2026-01-31 | 6.3 |
| 2026-02-28 | 9.0 |
| 2026-03-31 | 5.3 |
| 2026-04-30 | 5.7 |
| 2026-05-31 | 2.4 |
Buyer Sentiment Index — Banning, CA
OfferLens derived buyer-sentiment proxy (not a Redfin index) · Condo/Co-op
| Period ending | Value (index, 0–100 (proxy)) |
|---|---|
| 2024-01-31 | 22.63333333333334 |
| 2024-02-29 | 8.399999999999999 |
| 2024-03-31 | 20.166666666666664 |
| 2024-04-30 | 54.47598573333329 |
| 2024-05-31 | 10.499999999999993 |
| 2024-06-30 | 19.80423280533333 |
| 2024-07-31 | 49.594928221333326 |
| 2024-08-31 | 34.62943799999999 |
| 2024-09-30 | 53.5962610666667 |
| 2024-12-31 | 18.68165785714287 |
| 2025-01-31 | 17.133333333333333 |
| 2025-02-28 | 61.09806507866668 |
| 2025-03-31 | 28.168599053333327 |
| 2025-05-31 | 17.51111111 |
| 2025-06-30 | 16.111111109999996 |
| 2025-07-31 | 18.444444445333332 |
| 2025-08-31 | 43.771744044 |
| 2025-09-30 | 20.19877474999998 |
| 2025-10-31 | 47.70417482666669 |
| 2026-01-31 | 35.76819501666666 |
| 2026-02-28 | 13.299999999999997 |
| 2026-03-31 | 5.800000000000011 |
| 2026-04-30 | 5.000000000000007 |
| 2026-05-31 | 21.633333333333333 |
Median Sale Price — Banning, CA
external_market_factor_snapshots · Condo/Co-op
| Period ending | Value (USD) |
|---|---|
| 2024-01-31 | 308000.0 |
| 2024-02-29 | 325000.0 |
| 2024-03-31 | 340500.0 |
| 2024-04-30 | 295000.0 |
| 2024-05-31 | 328000.0 |
| 2024-06-30 | 330000.0 |
| 2024-07-31 | 310000.0 |
| 2024-08-31 | 279000.0 |
| 2024-09-30 | 326500.0 |
| 2024-12-31 | 371000.0 |
| 2025-01-31 | 249000.0 |
| 2025-02-28 | 260000.0 |
| 2025-03-31 | 335000.0 |
| 2025-05-31 | 315000.0 |
| 2025-06-30 | 330000.0 |
| 2025-07-31 | 300000.0 |
| 2025-08-31 | 315000.0 |
| 2025-09-30 | 300000.0 |
| 2025-10-31 | 337500.0 |
| 2026-01-31 | 300000.0 |
| 2026-02-28 | 317000.0 |
| 2026-03-31 | 267000.0 |
| 2026-04-30 | 315000.0 |
| 2026-05-31 | 285797.0 |
Unemployment Rate — California
Federal Reserve Bank of St. Louis: FRED · Market-wide
| Period ending | Value (%) |
|---|---|
| 2024-09-01 | 5.4 |
| 2024-10-01 | 5.4 |
| 2024-11-01 | 5.4 |
| 2024-12-01 | 5.4 |
| 2025-01-01 | 5.4 |
| 2025-02-01 | 5.4 |
| 2025-03-01 | 5.4 |
| 2025-04-01 | 5.4 |
| 2025-05-01 | 5.5 |
| 2025-06-01 | 5.5 |
| 2025-07-01 | 5.5 |
| 2025-08-01 | 5.5 |
| 2025-09-01 | 5.5 |
| 2025-11-01 | 5.5 |
| 2025-12-01 | 5.5 |
| 2026-01-01 | 5.4 |
| 2026-02-01 | 5.4 |
| 2026-03-01 | 5.3 |
| 2026-04-01 | 5.3 |
| 2026-05-01 | 5.3 |
| 2026-06-01 | 5.2 |
| 2026-07-01 | 5.1 |
| 2026-08-01 | 5.1 |
| 2026-09-01 | 5.1 |
Vacancy Rates — California
Federal Reserve Bank of St. Louis: FRED · Market-wide
| Period ending | Value (%) |
|---|---|
| 2015-01-01 | 1.2 |
| 2016-01-01 | 1.0 |
| 2017-01-01 | 1.0 |
| 2018-01-01 | 1.2 |
| 2019-01-01 | 1.0 |
| 2020-01-01 | 0.7 |
| 2021-01-01 | 0.7 |
| 2022-01-01 | 0.7 |
| 2023-01-01 | 0.7 |
| 2024-01-01 | 0.8 |
| 2025-01-01 | 1.1 |
Local Income Growth — California
Federal Reserve Bank of St. Louis: FRED · Market-wide
| Period ending | Value (%) |
|---|---|
| 2016-01-01 | 3.7991379950954807 |
| 2017-01-01 | 4.2095466504394 |
| 2018-01-01 | 4.755689136968666 |
| 2019-01-01 | 5.305439879332385 |
| 2020-01-01 | 9.13591779542271 |
| 2021-01-01 | 10.045935690033957 |
| 2022-01-01 | 0.10500388903291746 |
| 2023-01-01 | 5.305551598658398 |
| 2024-01-01 | 6.6934749993851295 |
| 2025-01-01 | 4.836274362904991 |
Mortgage Interest Rates — United States
Federal Reserve Bank of St. Louis: FRED · Market-wide
| Period ending | Value (%) |
|---|---|
| 2026-05-14 | 6.36 |
| 2026-05-21 | 6.51 |
| 2026-05-28 | 6.53 |
| 2026-06-04 | 6.48 |
| 2026-06-11 | 6.52 |
| 2026-06-18 | 6.47 |
| 2026-06-25 | 6.49 |
| 2026-07-02 | 6.43 |
| 2026-07-09 | 6.49 |
| 2026-07-16 | 6.55 |
| 2026-07-23 | 6.58 |
| 2026-07-30 | 6.66 |
| 2026-08-06 | 6.69 |
| 2026-08-13 | 6.67 |
| 2026-08-20 | 6.65 |
| 2026-08-27 | 6.66 |
| 2026-09-03 | 6.71 |
| 2026-09-10 | 6.76 |
| 2026-09-17 | 6.95 |
| 2026-09-24 | 7.03 |
| 2026-10-01 | 7.28 |
| 2026-10-08 | 7.4 |
| 2026-10-15 | 7.4 |
| 2026-10-22 | 7.32 |
Inflation Fed Policy — United States
Federal Reserve Bank of St. Louis: FRED · Market-wide
| Period ending | Value (%) |
|---|---|
| 2024-09-01 | 2.4264830315416708 |
| 2024-10-01 | 2.578844053871343 |
| 2024-11-01 | 2.719472461284833 |
| 2024-12-01 | 2.870690967509981 |
| 2025-01-01 | 2.9909783078999608 |
| 2025-02-01 | 2.8015834477613355 |
| 2025-03-01 | 2.381981462805549 |
| 2025-04-01 | 2.32538823025783 |
| 2025-05-01 | 2.3772651073680873 |
| 2025-06-01 | 2.680453865910226 |
| 2025-07-01 | 2.742618052167134 |
| 2025-08-01 | 2.9385917430316155 |
| 2025-09-01 | 3.0225715847133294 |
| 2025-11-01 | 2.6964439164939513 |
| 2025-12-01 | 2.653304114557753 |
| 2026-01-01 | 2.391201432150014 |
| 2026-02-01 | 2.4340041103732224 |
| 2026-03-01 | 3.2859577528651984 |
| 2026-04-01 | 3.7792458367415627 |
| 2026-05-01 | 4.166614684049641 |
| 2026-06-01 | 3.463530729385411 |
| 2026-07-01 | 3.303856050706311 |
| 2026-08-01 | 3.353016322755642 |
| 2026-09-01 | 3.7172508442689933 |
Tech Hiring Layoff Trends — United States
Federal Reserve Bank of St. Louis: FRED · Market-wide
| Period ending | Value (percentage points) |
|---|---|
| 2024-09-01 | 1.7999999999999998 |
| 2024-10-01 | 1.3 |
| 2024-11-01 | 0.9000000000000001 |
| 2024-12-01 | 0.7000000000000001 |
| 2025-01-01 | 1.0 |
| 2025-02-01 | 1.2999999999999998 |
| 2025-03-01 | 1.3 |
| 2025-04-01 | 1.5999999999999999 |
| 2025-05-01 | 1.7 |
| 2025-06-01 | 1.9 |
| 2025-07-01 | 1.5000000000000002 |
| 2025-08-01 | 1.3 |
| 2025-09-01 | 1.1 |
| 2025-10-01 | 1.4000000000000001 |
| 2025-11-01 | 1.2999999999999998 |
| 2025-12-01 | 0.30000000000000004 |
| 2026-01-01 | 0.8999999999999999 |
| 2026-02-01 | 0.7999999999999998 |
| 2026-03-01 | 0.8999999999999999 |
| 2026-04-01 | 0.7999999999999998 |
| 2026-05-01 | 1.5 |
| 2026-06-01 | 0.8999999999999999 |
| 2026-07-01 | 1.2 |
| 2026-08-01 | 0.6 |
Demographic Shifts — Banning, CA
U.S. Census Bureau: American Community Survey · Market-wide
| Period ending | Value (percentage points) |
|---|---|
| 2017 | -4.946599213041033 |
| 2018 | -2.8817969238876273 |
| 2019 | -4.802975935740854 |
| 2020 | -6.778467214489353 |
| 2021 | -4.354466577844217 |
| 2022 | -4.142504725595103 |
| 2023 | -6.070580788099381 |
| 2024 | -4.697017268445837 |
New Construction Pipeline — Banning, CA
U.S. Census Bureau: Building Permits Survey · Market-wide
| Period ending | Value (permits) |
|---|---|
| 2024-09-01 | 26.0 |
| 2024-10-01 | 4.0 |
| 2024-11-01 | 1.0 |
| 2024-12-01 | 1.0 |
| 2025-01-01 | 34.0 |
| 2025-02-01 | 35.0 |
| 2025-03-01 | 47.0 |
| 2025-04-01 | 71.0 |
| 2025-05-01 | 34.0 |
| 2025-06-01 | 0.0 |
| 2025-07-01 | 13.0 |
| 2025-08-01 | 8.0 |
| 2025-09-01 | 9.0 |
| 2025-10-01 | 8.0 |
| 2025-11-01 | 13.0 |
| 2025-12-01 | 41.0 |
| 2026-01-01 | 44.0 |
| 2026-02-01 | 27.0 |
| 2026-03-01 | 26.0 |
| 2026-04-01 | 48.0 |
| 2026-05-01 | 22.0 |
| 2026-06-01 | 82.0 |
| 2026-07-01 | 10.0 |
| 2026-08-01 | 23.0 |
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