Bakersfield Market Report

$405,866

AVERAGE PRICE OF 1,219 HOMES

$1,512,305

AVERAGE PRICE OF 24 MULTI-MILLION DOLLAR HOMES

$511,449

AVERAGE PRICE OF 217 NEWLY BUILT HOMES

$570,482

AVERAGE PRICE OF 245 HOMES WITH A POOL

$355,549

AVERAGE PRICE OF 23 REDUCED PRICE HOMES

Average Home

Average Price $405,866
Avg Bedrooms 3.37 beds
Avg Bathrooms 2.17 baths

Average Price by Bedrooms

1 bedroom $173,256
2 bedrooms $228,229
3 bedrooms $344,502
4 bedrooms $504,258
5 bedrooms $566,568
Bakersfield Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 1,226 1,185 1,346 1,539 1,633
Average Price $412,282 $434,233 $425,038 $446,884 $413,127
Avg Price Change -5.32% +2.16% -5.14% +8.17% -1.31%
Median Price $378,817 $379,665 $379,854 $380,055 $386,278
Med Price Change -0.22% -0.05% -0.05% -1.64% -0.46%
Avg Bedrooms 3.4 beds 3.42 beds 3.42 beds 3.43 beds 3.42 beds
Avg Bathrooms 2.19 baths 2.23 baths 2.24 baths 2.23 baths 2.21 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bakersfield 103 $396,695 66 days
Centennial 108 $475,174 46 days
Highland 134 $465,257 75 days
Liberty 100 $537,214 68 days
North 125 $263,089 77 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,219 $405,866 66 days
Multi-Million Dollar Homes 24 $1,512,305 83 days
Newly Built Homes 217 $511,449 76 days
Homes with a Pool 245 $570,482 52 days
Reduced Price Homes 23 $355,549 45 days
Open Door Real Estate
5351 Olive Dr #150
Bakersfield, CA 93308
DRE# 02001759

Based on information from the Golden Empire MLS, Inc./Association of REALTORS® as of March 22, 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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