1035WHofferSt-3
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1035 W Hoffer Street, Banning, CA 92220

$490K3bd · 2ba · 1,405 sqft
Lot 6,970 sqft•Single Family Residence•
Active
•174d on market•MLS# 219146704

Property Description

Welcome to this beautiful home in the growing community of Banning, offering comfort, value, and convenience. Nestled in a peaceful neighborhood with stunning mountain views, this property is perfect for buyers seeking space, tranquility, and easy access to city amenities. Step inside to find a bright and inviting layout with abundant natural light, creating a warm and welcoming atmosphere throughout. The home features a well designed floor plan ideal for both everyday living and entertaining. The kitchen offers ample cabinetry and counter space, flowing seamlessly into the dining and living areas. Conveniently located near shopping, dining, and freeway access, this home offers charm with commuter friendly convenience. Whether you're a first time buyer, investor. This is a fantastic opportunity to own in one of Banning's most desirable areas.

Features & Amenities

Not ApplicableFeeBuilt 1963

Property Details

Subdivision
Not Applicable
Land Type
Fee
Year Built
1963
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
2
Heating
None
Cooling
Evaporative Cooling
View
Mountain(s)
Flooring
Laminate
City
Banning
Zip Code
92220
County
Riverside
Listed byC 21 Coachella Valley RE, Joanna Villicana·760-625-7185

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,477.71
Principal & Interest
Loan Amount
$392,000
Total Interest
$499,974
Total Payment Over 30 Years
$891,974
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

1035 W Hoffer Street, Banning, CA 92220

Not Applicable · Banning · Single Family Residence

$490K
Affordable Tier
Beds
3
Baths
2
Sqft
1,405
Lot
6,970 sqft
Year
1963
$/Sqft
$349
Pool: No✓
Spa: No✓
View: mountain✓
Garage: 2-car✓

Listed 15.3% above the median closed sale of $425,000. Price per sqft ($349) is a 25% premium to closed comps ($280).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $490K· $349/sqft
Total list price
Closed comps
vs closed median $425K
+$65K (+15.3%)
Active comps
vs active median $380K
+$110K (+28.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $307
+$42 (+13.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2174 LincolnBanning1961321,3456,970$316$425,0008494
45785 CoyoteBanning1981321,2399,583$307$380,0005187
1425 HaysBanning1953321,20411,761$399$480,0004787
625 ShinecockBanning1988321,2476,534$272$339,00018685
1107 Pauma ValleyBanning1988321,2986,098$239$310,0003784
Total: 5 · Average3.02.01,266.68,189.2$306.6$386,80081
Median1,247$380,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
546 Indian School LaneBanning196009/18/2026421,5127,405$469,000$484,000$3201.038092
18839 Deer TrailBanning194810/05/2026321,39217,424$424,800$425,000$3051.0016688
1043 JuniperBanning198910/06/2026321,5387,405$495,000$505,000$3281.024086
5345 Plain Field DriveBanning198709/14/2026321,3124,792$301,000$263,000$2000.878084
4841 Bermuda DunesBanning198909/10/2026321,5054,792$369,900$375,000$2491.015483
Total: 5 · Average3.22.01,451.88,363.6$410,400$410,400$280.4—84
Median1,505$425,000$425,000

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.