RealTrends Market Report

Bakersfield, CA

Single-Family Homes

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Bakersfield, CA

Sat Jun 13 2026
This week the median list price for Bakersfield, CA is $439,900 with the market action index hovering around 47. This is about the same as last month's market action index of 47. Inventory has increased to 1,051. Click here to stay informed with the Bakersfield market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Bakersfield, CA

Sat Jun 13 2026
This week the median list price for Bakersfield, CA is $439,900 with the market action index hovering around 47. This is about the same as last month's market action index of 47. Inventory has increased to 1,051. Click here to stay informed with the Bakersfield market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Bakersfield market.
Median List Price $439,900
Median Price of New Listings $444,900
Per Square Foot $243
Average Days on Market 79
Median Days on Market 42
Price Decreased 32%
Price Increased 2%
Relisted 13%
Inventory 1,051
Median Rent
Market Action 47
Strong Seller's Market

Prices appear to be hovering around their high point. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$685,000 2,839 0.25 - 0.5 acre 4 3 20 35 39 49
$485,000 2,099 8,000 - 10,000 sqft 4 2 21 37 31 35
$399,900 1,691 6,500 - 8,000 sqft 3 2 33 30 44 42
$299,000 1,146 6,500 - 8,000 sqft 3 2 71 35 44 42