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Bakersfield Market Report

$447,555

AVERAGE PRICE OF 1,421 HOMES

$2,252,956

AVERAGE PRICE OF 46 MULTI-MILLION DOLLAR HOMES

$517,658

AVERAGE PRICE OF 215 NEWLY BUILT HOMES

$581,921

AVERAGE PRICE OF 291 HOMES WITH A POOL

$446,692

AVERAGE PRICE OF 67 REDUCED PRICE HOMES

$681,300

AVERAGE PRICE OF 3 DISTRESSED HOMES

Average Home

Average Price $447,555
Avg Bedrooms 2.97 beds
Avg Bathrooms 1.97 baths

Average Price by Bedrooms

1 bedroom $151,218
2 bedrooms $228,824
3 bedrooms $351,275
4 bedrooms $548,277
5 bedrooms $565,400
Bakersfield Home Price Trends
  12/2022 11/2022 10/2022 9/2022 8/2022
Total Listings 1,611 1,539 1,925 2,003 2,075
Average Price $454,172 $446,884 $426,218 $431,882 $439,307
Avg Price Change +1.63% +4.85% -1.33% -1.72% +1.99%
Median Price $381,594 $380,055 $387,695 $389,666 $392,103
Med Price Change +0.40% -2.01% -0.51% -0.63% +0.34%
Avg Bedrooms 2.99 beds 3.43 beds 3.09 beds 3.1 beds 3.11 beds
Avg Bathrooms 7.54 baths 2.23 baths 3.19 baths 2.01 baths 2.03 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bakersfield 91 $354,771 84 days
Centennial 94 $523,594 57 days
Highland 118 $431,925 103 days
Independence 2 $577,500 133 days
Liberty 107 $535,787 88 days
North 118 $283,107 98 days
Other 2 $412,500 70 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,421 $447,555 95 days
Multi-Million Dollar Homes 46 $2,252,956 148 days
Newly Built Homes 215 $517,658 102 days
Homes with a Pool 291 $581,921 70 days
Reduced Price Homes 67 $446,692 60 days
Distressed Homes 3 $681,300 51 days
Team Padilla - Watson Realty
Carlos Padilla
9101 Camino Media
Bakersfield, CA 93311
661-859-5764
DRE# #01487576

Based on information from the Golden Empire MLS, Inc./Association of REALTORS® as of January 31, 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.
Based on information from California Regional Multiple Listing Service, Inc. as of January 31, 2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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