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Bakersfield Market Report

$422,174

AVERAGE PRICE OF 1,515 HOMES

$1,526,213

AVERAGE PRICE OF 36 MULTI-MILLION DOLLAR HOMES

$526,726

AVERAGE PRICE OF 250 NEWLY BUILT HOMES

$608,783

AVERAGE PRICE OF 295 HOMES WITH A POOL

$405,351

AVERAGE PRICE OF 34 REDUCED PRICE HOMES

Average Home

Average Price	$422,174
Avg Bedrooms	3.42 beds
Avg Bathrooms	2.23 baths

Average Price by Bedrooms

1 bedroom	$147,499
2 bedrooms	$238,839
3 bedrooms	$353,144
4 bedrooms	$517,618
5 bedrooms	$564,538

Bakersfield Home Price Trends

	10/2022	9/2022	8/2022	7/2022	6/2022
Total Listings	1,633	1,728	1,810	1,800	n/a
Average Price	$413,127	$418,542	$425,705	$416,017	n/a
Avg Price Change	-1.31%	-1.71%	+2.33%	n/a	n/a
Median Price	$386,278	$388,062	$390,816	$389,838	n/a
Med Price Change	-0.46%	-0.71%	+0.25%	n/a	n/a
Avg Bedrooms	3.42 beds	3.41 beds	3.42 beds	3.42 beds	n/a
Avg Bathrooms	2.21 baths	2.19 baths	2.21 baths	2.21 baths	n/a

Home Price by High School

School Name	Total Homes	Average Price	Avg Days on Site
Centennial	123	$518,855	69 days
Highland	143	$477,823	88 days
Liberty	128	$595,288	73 days
North	126	$267,251	73 days
Ridgeview	125	$423,458	90 days

Home Price by House Size

	Total Homes	Average Price	Avg Days on Site
All Homes	1,515	$422,174	75 days
Multi-Million Dollar Homes	36	$1,526,213	75 days
Newly Built Homes	250	$526,726	102 days
Homes with a Pool	295	$608,783	59 days
Reduced Price Homes	34	$405,351	53 days

Based on information from the Golden Empire MLS, Inc./Association of REALTORS® as of November 28, 2022. 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.