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Featured local agent — Bakersfield, CA
Sarah Mitchell
Compass Real Estate · Bakersfield, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Bakersfield, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$421,000median sale price
How is the Bakersfield, CA housing market right now?
The median home sale price in Bakersfield, CA is $421,000, up 0.2% year-over-year. Homes sell in an average of 31 days with 816 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Bakersfield a buyer's or seller's market?
Bakersfield, CA is currently a seller's market, based on 2.6 months of supply and homes selling in about 31 days. How we determine this →
Homes sold
314
Last 12 weeks
Days on market
31
Average pace
Active listings
816
2.6 months supply
Sale-to-list
99.4%
Below asking
What does the Bakersfield housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $421,000 |
| Median list price | $425,245 |
| Year-over-year price change | +0.2% |
| Average days on market | 31 days |
| Active inventory | 816 listings |
| Months of supply | 2.6 months |
| Sale-to-list price ratio | 99.4% |
| Median price per sq ft | $234/sq ft |
| Homes sold (latest month) | 314 |
| New listings (latest month) | 418 |
| Listings with a price cut | 27.7% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Bakersfield by property type?
How the Bakersfield, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $425,000 | $236/sq ft | 295 | 31 days |
| Condo / Co-op | $240,000 | $214/sq ft | 12 | 28 days |
| Townhouse | $175,000 | $166/sq ft | 1 | 41 days |
Source: Redfin · Updated monthly
The Bakersfield housing market is currently classified as a seller's market with a median sale price of $421,000. Prices have risen 0.2% compared to last year, with homes spending an average of 31 days on market, indicating 2.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.1x provides context for how home values compare to local earning capacity.
Homes for sale in Bakersfield
There are currently 816 homes listed for sale in Bakersfield, California. The median listing price is $425K.
Active listings
816
Homes on market
Median list price
$425K
Avg. days on market
31
Days until sale
New this week
418
Newly listed
Who lives in Bakersfield?
Population
408,366
Median income
$77,397/yr
Median age
31.9 years
Owner-occupied
60.1%
College grads
23.3%
Avg commute
24.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Bakersfield?
Zillow home value
$392,105
Zillow rent index
$1,865/mo
Price-to-rent ratio
17.5x
Price-to-income
5.1x
Source: Zillow Research
What is it like to live in Bakersfield?
Bakersfield is a community of approximately 408K residents with a median age of 31.9 years.The median household income is $77,397, which reflects a relatively affluent area with strong earning potential. 23.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 60.1%, showing a blend of owner and renter-occupied properties. The average commute time is 24.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Bakersfield offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve 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
Ridgeview High
Grades 9-12 · 2,653 students
Highland High
Grades 9-12 · 2,543 students
East Bakersfield High
Grades 9-12 · 2,420 students
Golden Valley High
Grades 9-12 · 2,365 students
Liberty High
Grades 9-12 · 2,355 students
Independence High
Grades 9-12 · 2,334 students
Stockdale High
Grades 9-12 · 2,313 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Bakersfield, CA?
Want a head-to-head view? Compare Bakersfield side-by-side with any other U.S. city using our market-comparison tool.
Is Bakersfield a good real estate investment market?
For investors evaluating Bakersfield, the price-to-rent ratio of 17.5x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 0.2% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Bakersfield's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Bakersfield's median home price.
Frequently asked questions
What is the average home price in Bakersfield?
The median home sale price in Bakersfield is $421,000, up 0.2% from last year.
How long do homes stay on market in Bakersfield?
Homes typically spend 31 days on market before going under contract.
What is the median income in Bakersfield?
The median household income is $77,397 per year.
Is Bakersfield a buyer's or seller's market?
With 2.6 months of supply, Bakersfield is currently a seller's market.
What is the Zillow home value estimate for Bakersfield?
The Zillow Home Value Index (ZHVI) for Bakersfield is $392,105, representing the typical home value in the area.
What is the median condo price in Bakersfield?
The median condo/co-op sale price in Bakersfield, CA is $240,000, compared to $425,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Bakersfield?
The median single-family home price in Bakersfield, CA is $425,000 (about $236 per square foot).
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