Listing cover photo
1 / 1

582 North Almond, Banning, CA 92220

$350K2bd · 1ba · 495 sqft
Lot 8,276 sqft•Single Family Residence•
Active
•90d 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 · 4 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 16.7% above the median closed sale of $300,000. Price per sqft ($707) is a 66% premium to closed comps ($425). Closed comps sold at 89% of list — buyers have negotiating leverage.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $350K· $707/sqft
Total list price
Closed comps
vs closed median $300K
+$50K (+16.7%)
Active comps
vs active median $300K
+$50K (+16.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $392
+$315 (+80.2%)

Active Properties (4)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1133 Jacinto ViewBanning1953217846,534$383$300,0001473
775 ParkBanning1936117926,534$316$250,0001472
18670 Cryer DriveBanning19561161723,958$468$289,0002371
621 TheodoreBanning1945317846,534$402$315,0003971
Total: 4 · Average1.81.0744.2510,890$392.25$288,50022.5
Median784$300,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1058 HermosaBanning193209/22/2026215009,148$338,950$339,000$6781.008098
296 AlessandroBanning195005/11/2026216173,485$280,000$150,000$2430.5416480
685 AllenBanning194706/03/2026216806,098$300,000$300,000$4411.0011677
457 NICOLETBanning191505/26/2026216695,663$305,000$300,000$4480.984475
331 Fay StreetBanning194507/16/2026217805,663$259,900$245,500$3150.944074
Total: 5 · Average2.01.0649.26,011.4$266,900$266,900$425—88.8
Median669$300,000$300,000

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.