Above, you'll find an overview of the real estate market in Banning, CA. Generally, real estate in the Banning, CA area is more affordable in California, as the median price of a home in Banning, CA is $177,000, which is 57% lower than the California average. The median rental price in Banning, CA is $968. This is 25% lower than the average rental price in California. Home owners comprise 64.8% of the population of Banning, CA, where an average of 2.9 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Banning, CA. Below, you can search for real estate listings in Banning, CA using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.