Bakersfield, CA
Housing market overview · Updated weekly
$415,000median sale price
Homes sold
244
Last 12 weeks
Days on market
45
Average pace
Active listings
748
3.1 months supply
Sale-to-list
98.7%
Below asking
The Bakersfield housing market is currently classified as a balanced market with a median sale price of $415,000. Prices have fallen 2.3% compared to last year, with homes spending an average of 45 days on market, indicating 3.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Bakersfield?
The median home sale price in Bakersfield is $415,000, down 2.3% from last year.
How long do homes stay on market in Bakersfield?
Homes typically spend 45 days on market before going under contract.
Is Bakersfield a buyer's or seller's market?
With 3.1 months of supply, Bakersfield is currently a balanced market.
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