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Bakersfield Market Report

$428,859

AVERAGE PRICE OF 1,197 HOMES

$1,592,939

AVERAGE PRICE OF 34 MULTI-MILLION DOLLAR HOMES

$526,862

AVERAGE PRICE OF 218 NEWLY BUILT HOMES

$622,022

AVERAGE PRICE OF 235 HOMES WITH A POOL

$483,025

AVERAGE PRICE OF 49 REDUCED PRICE HOMES

Average Home

Average Price $428,859
Avg Bedrooms 3.4 beds
Avg Bathrooms 2.22 baths

Average Price by Bedrooms

1 bedroom $111,907
2 bedrooms $223,839
3 bedrooms $363,702
4 bedrooms $529,368
5 bedrooms $624,227
Bakersfield Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 1,285 1,329 1,291 1,270 1,258
Average Price $426,437 $440,608 $425,866 $426,278 $523,700
Avg Price Change -3.32% +3.46% -0.10% -22.85% +1.47%
Median Price $384,093 $384,277 $388,546 $396,477 $399,797
Med Price Change -0.05% -1.11% -2.04% -0.84% +1.29%
Avg Bedrooms 3.38 beds 3.39 beds 3.39 beds 3.38 beds 3.38 beds
Avg Bathrooms 2.2 baths 2.19 baths 2.19 baths 2.19 baths 2.21 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bakersfield 110 $355,677 61 days
Independence 124 $452,460 55 days
North 126 $249,536 67 days
Ridgeview 92 $429,358 56 days
West 96 $303,000 52 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,197 $428,859 61 days
Multi-Million Dollar Homes 34 $1,592,939 102 days
Newly Built Homes 218 $526,862 64 days
Homes with a Pool 235 $622,022 54 days
Reduced Price Homes 49 $483,025 56 days
EXP Realty of California
Moises Rosales, Maria Rosales Ceja
2603 Camino Ramon, Suite 200
San Ramon, CA 94583
661-805-8804
661-805-6327
DRE# CalBRE# 02007086

Based on information from the Golden Empire MLS, Inc./Association of REALTORS® as of December 9, 2023. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2021.
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