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582 North Almond, Banning, CA 92220

$350K2bd · 1ba · 495 sqft
Lot 8,276 sqft•Single Family Residence•
Active
•109d on market•MLS# IV-26155706

Property Description

Cozy 2 bedroom 1 bath home in the heart of Banning just waiting for it's new owner. Perfect for first time homebuyers. Don't let the small size fool you, there is plenty of room to grow. Close to shopping and freeway.

Features & Amenities

FeeBuilt 1935

Property Details

Land Type
Fee
Year Built
1935
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
1
Garage Spaces
1
Heating
Central
Cooling
None
View
None
City
Banning
Zip Code
92220
County
Riverside
Listed byBERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY, JESUS ESPINOZA

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,769.78
Principal & Interest
Loan Amount
$279,999
Total Interest
$357,123
Total Payment Over 30 Years
$637,122
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

582 North Almond, Banning, CA 92220

Banning · Single Family Residence

$350K
Affordable Tier
Beds
2
Baths
1
Sqft
495
Lot
8,276 sqft
Year
1935
$/Sqft
$707
Pool: No✓
View: None✓
Garage: 1-car✓

Listed in line with the median closed sale of $350,000. Price per sqft ($707) is a 61% premium to closed comps ($438). Closed comps sold at 100% of list — strong seller's market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $350K· $707/sqft
Total list price
Closed comps
vs closed median $350K
−$1 (−0.0%)
Active comps
vs active median $349K
+$999 (+0.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $431
+$276 (+63.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
430 Martin StreetBanning1935114366,098$688$300,000288
339 ALESSANDRO StreetBanning1946218945,227$414$369,9005871
481 MartinBanning1934229326,098$322$299,9003369
581 Hoffer StreetBanning1953219599,583$364$349,000967
1010 Nicolet StreetBanning1924321,0428,712$369$385,00032861
Total: 5 · Average2.01.4852.67,143.6$431.4$340,76086
Median932$349,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1058 HermosaBanning193209/22/2026215009,148$338,950$339,000$6781.008195
685 AllenBanning194706/03/2026216806,098$300,000$300,000$4411.0011778
494 DruryBanning193505/21/2026229776,534$379,000$390,000$3991.032166
376 Fay StreetBanning194009/10/2026221,0506,534$359,000$350,000$3330.979965
292 George StreetBanning192208/25/2026311,17011,326$395,000$395,000$3381.005462
Total: 5 · Average2.21.4875.47,928$354,800$354,800$437.8—74.4
Median977$350,000$350,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.