Bakersfield, CA Housing Market & Real Estate

Balanced market-2.3% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Bakersfield, CA is $415,000, down 2.3% year-over-year. Homes sell in an average of 45 days with 748 active listings. The market is currently a balanced market.

$415,000median sale price

Is Bakersfield a buyer's or seller's market?

Balanced market3.1 months of supply45 avg. days on market

Bakersfield, CA is currently a balanced market, based on 3.1 months of supply and homes selling in about 45 days. How we determine this →

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

Bakersfield, CA market data

Current housing market statistics for Bakersfield, CA
MetricValue
Median sale price$415,000
Median list price$424,925
Year-over-year price change-2.3%
Average days on market45 days
Active inventory748 listings
Months of supply3.1 months
Sale-to-list price ratio98.7%
Market conditionBalanced market

Source: Redfin · Updated weekly

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

Homes for sale in Bakersfield

There are currently 748 homes listed for sale in Bakersfield, California. The median listing price is $425K.

Active listings

748

Homes on market

Median list price

$425K

Avg. days on market

45

Days until sale

New this week

350

Newly listed

Price drops:25.7%of listings
Sale-to-list:98.7%

Top public schools in Bakersfield

50 schools tracked · 67,003 students

The largest public schools serving Bakersfield, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Bakersfield High

Grades 9-12 · 3,024 students

Public

Ridgeview High

Grades 9-12 · 2,653 students

Public

Highland High

Grades 9-12 · 2,543 students

Public

East Bakersfield High

Grades 9-12 · 2,420 students

Public

Golden Valley High

Grades 9-12 · 2,365 students

Public

Liberty High

Grades 9-12 · 2,355 students

Public

Independence High

Grades 9-12 · 2,334 students

Public

Stockdale High

Grades 9-12 · 2,313 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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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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