992 West Hoffer, Banning, CA 92220
992 West Hoffer, Banning, CA 92220
Property Description
Great Opportunity in a Lovely Banning Neighborhood! Bring your vision and unlock the potential of this 3-bedroom, 2-bathroom home located in a lovely Banning neighborhood! Featuring a functional floor plan with a separate dining area, a welcoming living room with a fireplace, and plenty of possibilities to make it your own, this property is an excellent opportunity for investors, flippers, or buyers looking to create their dream home. The home retains much of its original character and will need some TLC, making it the perfect canvas for your personal touches and updates. With great potential and room to add value, this is an opportunity you won't want to miss. Great potential, great opportunity, and a great deal! Don't miss your chance to turn this house into something special!
Features & Amenities
Property Details
Mortgage Calculator
Current Rates
Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Banning · Single Family Residence
Listed 6.1% below the median closed sale of $382,500. Price per sqft ($251) is a 32% discount to closed comps ($370). Closed comps sold at 101% of list — strong seller's market.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 651 19th | Banning | 1959 | 3 | 2 | 1,083 | 7,405 | $300 | $325,000 | 7 | 88 |
| 680 10th Street | Banning | 1954 | 2 | 1 | 864 | 9,148 | $424 | $365,999 | 146 | 75 |
| 977 Hays | Banning | 1945 | 2 | 1 | 816 | 6,098 | $484 | $395,000 | 65 | 73 |
| 339 ALESSANDRO Street | Banning | 1946 | 2 | 1 | 894 | 5,227 | $414 | $369,900 | 54 | 71 |
| 581 Hoffer Street | Banning | 1953 | 2 | 1 | 959 | 9,583 | $364 | $349,000 | 5 | 70 |
| Total: 5 · Average | 2.2 | 1.2 | 923.2 | 7,492.2 | $397.2 | $360,979.8 | 55.4 | |||
| Median | 894 | $365,999 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 526 Hoffer Street | Banning | 1962 | 06/15/2026 | 3 | 2 | 1,260 | 8,712 | $349,900 | $385,000 | $306 | 1.10 | 75 | 91 |
| 979 Nicolet | Banning | 1946 | 06/03/2026 | 2 | 1 | 1,232 | 8,712 | $339,900 | $335,000 | $272 | 0.99 | 86 | 79 |
| 1137 Williams | Banning | 1953 | 05/26/2026 | 3 | 1 | 1,003 | 8,276 | $399,999 | $405,000 | $404 | 1.01 | 104 | 78 |
| 1131 Nicolet Street | Banning | 1946 | 12/23/2025 | 3 | 1 | 951 | 8,276 | $389,000 | $382,500 | $402 | 0.98 | 154 | 74 |
| 619 GILMAN | Banning | 1910 | 08/20/2026 | 3 | 2 | 816 | 43,560 | $399,000 | $380,000 | $466 | 0.95 | 68 | 73 |
| Total: 5 · Average | 2.8 | 1.4 | 1,052.4 | 15,507.2 | $377,500 | $377,500 | $370 | — | 97.4 | ||||
| Median | 1,003 | $382,500 | $382,500 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.