Bakersfield - CA housing market
The Bakersfield metro has a typical home value of $364,264, down 0.4% from a year ago. Homes sell in 21 days on average - a balanced market. 22% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($364,264) is the Zillow Home Value Index for the Bakersfield - CA metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are down 0.4% over the past year. A home worth $365,727 last year is now worth roughly $364,264.
The median sale price , what homes actually close for , is $356,793. Homes are selling at 98.7% of list price, meaning buyers have room to negotiate.
Homes listed in Bakersfield - CA sit on the market for roughly 21 days before going pending. Shorter = seller's market; longer = buyer's market.
About 21.8% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 892 new listings hit the market each month in Bakersfield - CA. There are currently 2,852 homes for sale, up 2.3% from a year ago.
The typical monthly rent in Bakersfield - CA is $1,788, up 2.5% year over year. For investors, the price-to-rent ratio here is roughly 17x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
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Other metros in CA
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Los Angeles - CA | $968,608 | +0.3% | 19.0d |
| San Francisco - CA | $1,149,215 | -0.8% | 14.0d |
| Riverside - CA | $585,378 | -0.8% | 25.0d |
| San Diego - CA | $946,365 | -1.1% | 16.0d |
| Sacramento - CA | $582,707 | -1.6% | 12.0d |
| San Jose - CA | $1,610,466 | -1.4% | 13.0d |