CA · Metro #63

Bakersfield - CA housing market

The Bakersfield metro has a typical home value of $364,984, down 0.3% from a year ago. Homes sell in 25 days on average, a balanced market. 23% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$364,984
-0.3% vs. year ago
Median sale price
$365,495
+4.0% YoY
Median list price
$401,633
Sale-to-list ratio
98.8%
Selling below ask
Days on market
25d
Listings w/ price cut
22.7%
New listings / mo
852
-5.1% YoY
Homes for sale
2,957
-0.9% YoY
Typical rent
$1,803/mo
+2.0% YoY
Rent vs buy
16.9x
Context

How to read this data

The typical home value ($364,984) 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 0.3% over the past year. A home worth $366,082 last year is now worth roughly $364,984.

The median sale price, what homes actually close for, is $365,495. Homes are selling at 98.8% of list price, meaning buyers have room to negotiate.

Homes listed in Bakersfield - CA sit on the market for roughly 25 days before going pending. Shorter = seller's market; longer = buyer's market.

About 22.7% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 852 new listings hit the market each month in Bakersfield - CA. There are currently 2,957 homes for sale, down 0.9% from a year ago.

The typical monthly rent in Bakersfield - CA is $1,803, up 2.0% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 16.9x, toss-up (#101 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $1,876 a month in principal and interest, $73 more than renting before taxes, insurance and upkeep. The two break even at a 6.28% rate.

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.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →

Related

Other metros in CA

MetroHome value1-yr changeDays on market
Los Angeles - CA$964,934 +0.9% 22.0d
San Francisco - CA$1,136,810 +1.2% 17.0d
Riverside - CA$586,798 -0.2% 28.0d
San Diego - CA$934,166 +-0.0% 20.0d
Sacramento - CA$581,822 -0.8% 16.0d
San Jose - CA$1,559,187 -0.2% 18.0d
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