93308 Housing Market
Median List Price
$482,500
Updated August 2026
Today, the 93308 ZIP code in Bakersfield, CA has 20 homes for sale at a median list price of $482,500, typically selling in about 31 days.
93308 Housing Market Overview
Homes in the 93308 ZIP code carry a median list price of $482,500. That runs roughly 10.9% higher than Bakersfield as a whole. The median price moved from $399,999 in February to $394,000 in July, a 1.5% decrease over six months. Right now 20 homes are on the market in the 93308 ZIP code. Five bedroom homes carry the highest medians at $1.5M, with two bedroom homes starting the range at $199,999.
93308 Area Market Pulse
Topfind Market Read
The picture is mixed here. Sale prices are up 23% over the last six months and 29% over the past year, yet 45% of sellers have trimmed their asking price, and selling times have slowed 44% versus six months ago, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$483K
↑ 29% 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 Supply20 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 ~31 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. That said, the pace has eased 44% versus six months ago.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in 93308 Area
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 $433K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$950K)
Price Reductions
9 listings have reduced their price
45% of active listings
Average reduction: 7.3% (~$35K)
Browse 93308 Listings
Frequently Asked Questions about the 93308 Housing Market
What is the median home price in the 93308 ZIP code?
The median list price in the 93308 ZIP code is $482,500 as of August 2026, based on 20 active listings.
Is the 93308 ZIP code a buyer's market or a seller's market?
The 93308 ZIP code 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 the 93308 ZIP code?
The average home currently for sale in the 93308 ZIP code has been on the market for 31 days.
Are home prices in the 93308 ZIP code going up or down?
The median sale price in the 93308 ZIP code is up about 29.1% compared with a year ago.
How many homes are for sale in the 93308 ZIP code?
There are 20 homes for sale in the 93308 ZIP code right now.