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Bakersfield Market Report

$416,820

AVERAGE PRICE OF 1,844 HOMES

$1,611,993

AVERAGE PRICE OF 30 MULTI-MILLION DOLLAR HOMES

$493,724

AVERAGE PRICE OF 293 NEWLY BUILT HOMES

$573,715

AVERAGE PRICE OF 381 HOMES WITH A POOL

$436,753

AVERAGE PRICE OF 106 REDUCED PRICE HOMES

Average Home

Average Price	$416,820
Avg Bedrooms	3.42 beds
Avg Bathrooms	2.2 baths

Average Price by Bedrooms

1 bedroom	$170,258
2 bedrooms	$235,322
3 bedrooms	$357,264
4 bedrooms	$496,530
5 bedrooms	$605,304

Bakersfield Home Price Trends

	7/2022	6/2022	5/2022	4/2022	3/2022
Total Listings	1,800	n/a	n/a	n/a	1,297
Average Price	$416,017	n/a	n/a	n/a	$405,391
Avg Price Change	n/a	n/a	n/a	n/a	+1.73%
Median Price	$389,838	n/a	n/a	n/a	$366,275
Med Price Change	n/a	n/a	n/a	n/a	+3.84%
Avg Bedrooms	3.42 beds	n/a	n/a	n/a	3.39 beds
Avg Bathrooms	2.21 baths	n/a	n/a	n/a	2.18 baths

Home Price by High School

School Name	Total Homes	Average Price	Avg Days on Site
Centennial	173	$493,853	55 days
Highland	160	$457,326	59 days
Liberty	163	$581,699	53 days
North	154	$279,290	56 days
Ridgeview	172	$421,511	51 days

Home Price by House Size

	Total Homes	Average Price	Avg Days on Site
All Homes	1,844	$416,820	56 days
Multi-Million Dollar Homes	30	$1,611,993	85 days
Newly Built Homes	293	$493,724	82 days
Homes with a Pool	381	$573,715	48 days
Reduced Price Homes	106	$436,753	47 days

Based on information from the Golden Empire MLS, Inc./Association of REALTORS® as of August 17, 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.