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Bakersfield Market Report

$461,423

AVERAGE PRICE OF 1,540 HOMES

$1,920,424

AVERAGE PRICE OF 69 MULTI-MILLION DOLLAR HOMES

$496,023

AVERAGE PRICE OF 241 NEWLY BUILT HOMES

$637,682

AVERAGE PRICE OF 297 HOMES WITH A POOL

$513,879

AVERAGE PRICE OF 49 REDUCED PRICE HOMES

$438,224

AVERAGE PRICE OF 8 DISTRESSED HOMES

Average Home

Average Price $461,423
Avg Bedrooms 3.29 beds
Avg Bathrooms 2.23 baths

Average Price by Bedrooms

1 bedroom $272,995
2 bedrooms $276,914
3 bedrooms $363,602
4 bedrooms $536,561
5 bedrooms $747,679
Bakersfield Home Price Trends
  1/2024 12/2023 11/2023 10/2023 9/2023
Total Listings 1,490 1,500 1,619 1,669 1,666
Average Price $474,593 $459,632 $457,004 $466,775 $451,507
Avg Price Change +3.25% +0.58% -2.14% +3.38% -0.38%
Median Price $393,371 $387,993 $387,278 $387,514 $390,975
Med Price Change +1.39% +0.18% -0.06% -0.89% -1.15%
Avg Bedrooms 3.3 beds 3.17 beds 3.16 beds 3.14 beds 3.12 beds
Avg Bathrooms 2.27 baths 2.15 baths 2.17 baths 2.13 baths 2.1 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Highland 6 $535,292 58 days
Independence 144 $453,885 50 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,540 $461,423 73 days
Multi-Million Dollar Homes 69 $1,920,424 114 days
Newly Built Homes 241 $496,023 71 days
Homes with a Pool 297 $637,682 65 days
Reduced Price Homes 49 $513,879 49 days
Distressed Homes 8 $438,224 101 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 February 28, 2024. 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 February 28, 2024. 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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