Comprehensive market data and analysis• Updated Dec 2025
28.3 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 3 | 6 | 9 | 12 |
| 1-2 acres | - | 2 | 2 | 3 |
| 2-5 acres | 1 | 1 | 2 | 6 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | 1 | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 4 | 9 | 14 | 23 |
Acreage buckets
The median price for land in Banning, California is currently $103K per acre. For a typical parcel, the median sale price is $90K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $13K while premium lots reached $448K.
Banning, California is currently a strong buyer's market with 28.3 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 91.5% year-over-year.
Banning, California currently has 28.3 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in Banning, California typically sells within 183 days of listing. The median time on market is 137 days. Properties are moving slowly in the current strong buyer's market.
The current absorption rate in Banning, California is 3.5% (3-month basis), indicating slow demand. With depreciating values (-91.5% YoY), buyers may find value opportunities. The top-performing broker in this market is TRUSTED REALTY ADVISORS.
Land in Banning, California averages $205K per acre. The median price per acre is $103K, which may be more representative of typical transactions. Most parcels sold are around 25,264 sq ft.
There are currently 85 active listings in Banning, California. 10 new listings have hit the market in the last 90 days. The median asking price is $150K.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.