Banning, CA Real Estate
According to census data in the year 2000 there were 9,739 housing units in Banning.
This represents a 17.6% growth from 8,278 in 1990.
Of those housing units, 9,497 were located in either urbanized areas or urban clusters, and 242 were located in what is classified as a rural area.
Homeownership rate in Banning is about 72.4%.
Banning's vacancy rate, including seasonal lodging, is about 8.7%.
Average household size is 2.6 people.
The majority of houses, apartments or condos in Banning were built after 1978.
|Housing Units by Size|
|Five Bedrooms or more||0.30%|
Owned Homes, Apartments and Condos
|Average Household Size||2.32|
|Median year structure was built||1982|
|Median Value of occupied units||$110,000|
|Median Price asked for vacant units||$69,100|
Rented Homes, Apartments and Condos
|Average Household Size||3.33|
|Median year structure was built||1966|
|Median Monthly Rent asked for vacant units||$379|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||3.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.8%|