Bakersfield, CA Housing Market
Median List Price
$435,000
Updated August 2026
Today, Bakersfield has 268 homes for sale at a median list price of $435,000, typically selling in about 39 days.
Bakersfield Market Analysis
Buyers in Bakersfield, CA are looking at a median list price of $435,000. On a per square foot basis, the median runs $246. Since February, the median price has moved down about 3.4% to $400,000 as of July.
It takes about 19 days for the typical home here to go under contract. Homes move quickly at that pace, which favors sellers and rewards buyers who come prepared. Bakersfield, CA has 268 active listings on the market right now. 88 new listings came on the market in the last 30 days.
Pricing spreads from a $209,990 median for one bedroom homes to $587,000 for five bedroom homes. Most of what is for sale here is single family homes, about 95.1% of the mix. The area spans 11 ZIP codes, including 93311, 93309, and 93306.
Bakersfield Rental Market
Renters in Bakersfield, CA are looking at a median asking rent of $1,868. Since January, the median rent has moved down about 20.0% to $2,000 as of July. Bakersfield, CA has 17 active rental listings on the market right now.
Bakersfield Market Pulse
Topfind Market Read
The picture is mixed here. 62% of current listings are under 30 days old, yet 42% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$435K
↑ 5% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
5.0 months of supply
Balanced Supply268 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~39 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in Bakersfield
Homeownership is near the state average, with a balanced mix of owners and renters.
60%
Homeowners
40%
Renters
Homeownership is 4.5 points higher than the California average (55.5%)
127,626 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $145K in value on average.
Price Reductions
112 listings have reduced their price
42% of active listings
Average reduction: 6.0% (~$26K)
Browse Bakersfield Listings
Frequently Asked Questions about the Bakersfield, CA Housing Market
What is the median home price in Bakersfield, CA?
The median list price in Bakersfield is $435,000 as of August 2026, based on 268 active listings.
Is Bakersfield a buyer's market or a seller's market?
Bakersfield currently reads as a balanced market. Active inventory works out to about 5.0 months of supply at the recent sales pace.
How fast do homes sell in Bakersfield?
Homes that closed in the last 90 days typically went under contract in about 19 days. The average home currently for sale has been on the market for 39 days.
Are home prices in Bakersfield going up or down?
The median sale price in Bakersfield is up about 5.0% compared with a year ago.
How many homes are for sale in Bakersfield, CA?
There are 268 homes for sale in Bakersfield right now, including 28 listed within the last week.
What is the median rent in Bakersfield?
The median asking rent in Bakersfield is $1,868 per month, across 17 active rental listings.