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Bakersfield Market Report

$411,961

AVERAGE PRICE OF 1,185 HOMES

$1,607,208

AVERAGE PRICE OF 26 MULTI-MILLION DOLLAR HOMES

$520,355

AVERAGE PRICE OF 210 NEWLY BUILT HOMES

$584,754

AVERAGE PRICE OF 228 HOMES WITH A POOL

$463,654

AVERAGE PRICE OF 49 REDUCED PRICE HOMES

Average Home

Average Price $411,961
Avg Bedrooms 3.41 beds
Avg Bathrooms 2.2 baths

Average Price by Bedrooms

1 bedroom $148,403
2 bedrooms $216,493
3 bedrooms $347,055
4 bedrooms $515,027
5 bedrooms $554,638
Bakersfield Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 1,185 1,346 1,539 1,633 1,728
Average Price $434,233 $425,038 $446,884 $413,127 $418,542
Avg Price Change +2.16% -5.14% +8.17% -1.31% -1.71%
Median Price $379,665 $379,854 $380,055 $386,278 $388,062
Med Price Change -0.05% -0.05% -1.64% -0.46% -0.71%
Avg Bedrooms 3.42 beds 3.42 beds 3.43 beds 3.42 beds 3.41 beds
Avg Bathrooms 2.23 baths 2.24 baths 2.23 baths 2.21 baths 2.19 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bakersfield 91 $357,520 83 days
Centennial 94 $514,736 55 days
Highland 118 $474,172 94 days
Liberty 96 $569,505 71 days
North 114 $245,246 71 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,185 $411,961 76 days
Multi-Million Dollar Homes 26 $1,607,208 99 days
Newly Built Homes 210 $520,355 78 days
Homes with a Pool 228 $584,754 66 days
Reduced Price Homes 49 $463,654 48 days
The Peralta Group | Miramar International
Pete Peralta
10800 Stockdale Hwy Suite 101
Bakersfield, CA 93311
661-805-1053
DRE# 1307225
DRE# 00782354

Based on information from the Golden Empire MLS, Inc./Association of REALTORS® as of February 2, 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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