The Bakersfield housing market is very competitive. Homes in Bakersfield receive 1 offers on average and sell in around 32 days. The median sale price of a home in Bakersfield was $415K last month, up 3.8% since last year. The median sale price per square foot in Bakersfield is $229, up 3.2% since last year.
What is the housing market like in Bakersfield today?
In September 2024, Bakersfield home prices were up 3.8% compared to last year, selling for a median price of $415K. On average, homes in Bakersfield sell after 32 days on the market compared to 25 days last year. There were 294 homes sold in September this year, down from 301 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$415,000
+3.8% YoY | Sep 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Sep 2024
Growth
% YoY
Bakersfield, CA
$415,000
+3.8%
United States
To compare other locations to the Bakersfield and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Bakersfield's median sale price is 3% lower than the national average. Overall cost of living in Bakersfield is 12% higher than the national average. Learn which home features in Bakersfield add value to a home.
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How hot is the Bakersfield housing market?
Bakersfield is very competitive. Homes sell in 29 days.
0
100
73
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 29 days.
Hot homes
can sell for about 1% above list price and go pending in around 10 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Bakersfield
Explore recent offers and recently sold homes in Bakersfield
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Bakersfield housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Bakersfield.
Flood Factor - Minor
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Bakersfield has a minor risk of flooding. 888 properties in Bakersfield are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in Bakersfield. Flood risk is increasing faster than the national average.
74% of properties are at risk of wildfire over the next 30 years
Fire Factor
Bakersfield has a major risk of wildfire. There are 89,801 properties in Bakersfield that have some risk of being affected by wildfire over the next 30 years. This represents 74% of all properties in Bakersfield.
Bakersfield has minimal risk of severe winds over the next 30 years
Wind Factor
Bakersfield has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.