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Bakersfield Market Report

$467,443

AVERAGE PRICE OF 1,956 HOMES

$1,869,076

AVERAGE PRICE OF 81 MULTI-MILLION DOLLAR HOMES

$520,204

AVERAGE PRICE OF 292 NEWLY BUILT HOMES

$651,774

AVERAGE PRICE OF 399 HOMES WITH A POOL

$465,488

AVERAGE PRICE OF 95 REDUCED PRICE HOMES

$265,900

AVERAGE PRICE OF 7 DISTRESSED HOMES

Average Home

Average Price $467,443
Avg Bedrooms 3.11 beds
Avg Bathrooms 2.08 baths

Average Price by Bedrooms

1 bedroom $169,785
2 bedrooms $264,012
3 bedrooms $363,754
4 bedrooms $560,571
5 bedrooms $631,822
Bakersfield Home Price Trends
  8/2024 7/2024 6/2024 5/2024 4/2024
Total Listings 1,936 1,835 1,835 1,805 1,720
Average Price $476,448 $466,366 $505,202 $464,387 $462,125
Avg Price Change +2.16% -8.33% +8.79% +0.49% +0.07%
Median Price $405,242 $409,041 $412,410 $405,289 $398,018
Med Price Change -0.94% -0.82% +1.76% +1.83% +1.77%
Avg Bedrooms 3.13 beds 3.2 beds 3.14 beds 3.11 beds 3.11 beds
Avg Bathrooms 2.33 baths 2.2 baths 2.11 baths 2.1 baths 2.08 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Liberty 152 $673,461 45 days
West 7 $344,269 36 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,956 $467,443 69 days
Multi-Million Dollar Homes 81 $1,869,076 96 days
Newly Built Homes 292 $520,204 68 days
Homes with a Pool 399 $651,774 56 days
Reduced Price Homes 95 $465,488 60 days
Distressed Homes 7 $265,900 51 days
Open Door Real Estate
4550 California Ave #660
Bakersfield, CA 93309
661-861-3530
DRE# 02001759

Fair Housing/Equal Opportunity
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Based on information from the Golden Empire MLS, Inc./Association of REALTORS® as of September 9, 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 September 9, 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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