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Bakersfield Market Report

$371,037

AVERAGE PRICE OF 1,883 HOMES

$1,965,816

AVERAGE PRICE OF 36 MULTI-MILLION DOLLAR HOMES

$433,511

AVERAGE PRICE OF 140 NEWLY BUILT HOMES

$549,685

AVERAGE PRICE OF 358 HOMES WITH A POOL

$371,134

AVERAGE PRICE OF 39 REDUCED PRICE HOMES

$196,980

AVERAGE PRICE OF 5 DISTRESSED HOMES

Average Home

Average Price $371,037
Avg Bedrooms 2.96 beds
Avg Bathrooms 1.95 baths

Average Price by Bedrooms

1 bedroom $119,990
2 bedrooms $205,556
3 bedrooms $303,970
4 bedrooms $520,646
5 bedrooms $595,909
Bakersfield Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 1,882 1,849 1,753 1,776 1,774
Average Price $370,962 $370,733 $359,278 $349,451 $339,676
Avg Price Change +0.06% +3.19% +2.81% +2.88% -0.33%
Median Price $313,604 $305,886 $305,644 $303,502 $301,042
Med Price Change +2.52% +0.08% +0.71% +0.82% +0.36%
Avg Bedrooms 3.02 beds 3.04 beds 2.99 beds 2.93 beds 2.96 beds
Avg Bathrooms 2.03 baths 1.9 baths 1.88 baths 1.87 baths 1.96 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bakersfield 160 $296,174 62 days
Centennial 140 $374,907 41 days
East 126 $267,232 68 days
Highland 5 $324,998 69 days
Liberty 3 $614,582 38 days
North 175 $242,335 68 days
West 153 $197,629 57 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,883 $371,037 66 days
Multi-Million Dollar Homes 36 $1,965,816 89 days
Newly Built Homes 140 $433,511 70 days
Homes with a Pool 358 $549,685 36 days
Reduced Price Homes 39 $371,134 32 days
Distressed Homes 5 $196,980 148 days
Based on information from the Golden Empire MLS, Inc./Association of REALTORS® as of September 23, 2021. 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 23, 2021. 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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