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Fixer Upper Homes in Banning, CA

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Banning, CA Foreclosures

How much do homes sell for in Banning, CA?
The average home price is currently $398,106.
In Banning, CA, how many homes are available?
There are currently 1 active home listings available in Banning.
What’s the average rental cost in Banning, CA?
The average rental price in Banning is $1,426.
What is the most expensive home in Banning?
The most expensive home sold in Banning had a price of $13,086,168.
What is currently the cheapest priced home in Banning, CA?
The cheapest home for sale in Banning is priced at $10,189.

Living in Banning, CA

Banning, CA is a charming city nestled in Riverside County, known for its friendly community, historical significance, and beautiful natural surroundings. Residents enjoy a suburban lifestyle with ample access to parks and outdoor activities. Banning is conveniently located near major highways, providing easy access to larger cities and attractions in Southern California.

Current Market Conditions in Banning, CA

The real estate market in Banning has shown steady growth over the past few years, with an increasing demand for affordable housing options. As more people seek refuge from the higher prices in neighboring cities, Banning has become a desirable location for first-time homebuyers and families looking for spacious properties at reasonable prices. Additionally, the city’s ongoing development projects are contributing to a positive outlook for property values.

Home Value Estimator For Banning, CA

There are currently 14,031 real estate properties in Banning, CA, with a median automated valuation model (AVM) price of $378,051.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Banning, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Banning, CA, is $398,106.00, with the most expensive house in Banning, CA, topping out at $13,086,168.00 and the cheapest home in Banning, CA, clocking in at $10,189.00. In other words, there’s something for every potential homebuyer or savvy investor in Banning, CA!

Rent Prices In Banning, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Banning, CA, is on a rollercoaster ride. The average rent price in Banning, CA, is $1,426.00. Indeed, when looking to rent in Banning, CA, you can expect to pay as little as $650.00 or as much as $4,120.00, with the average rent median estimated to be $1,410.00. The good news is that finding an affordable and desirable property to rent in Banning, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Banning, CA Fixer Upper Homes

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