Bakersfield, CA metro area Housing Market
Warm MarketComprehensive housing market data for the Bakersfield, CA metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$385K
↑ 3.0% YoY
Days on Market
41 days
– 0.0% YoY
Active Inventory
2,040
↓ 5.9% YoY
Homes Sold
634
↑ 1.3% YoY
Warm Market
The market is active with moderate buyer demand.
Bakersfield, CA metro area Market Summary
The Bakersfield, CA metro area housing market is heating up. As of March 2026, the median home sale price is $385K, up 3.0% year-over-year. Homes are spending a median of 41 days on the market, 0.0% shorter than a year ago.
There are 2,040 homes for sale — 5.9% fewer than last year. With 3.2 months of supply, this is a seller's market. 944 new listings were added during this period, up 5.8% year-over-year.
Homes are selling for 98.6% of their list price on average, suggesting room for negotiation. 29.3% of homes sell above their asking price. 26.3% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
62
Contributing Factors
How This Market Compares
vs. National Median
vs. California Median
Investor Takeaway
A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals.
Bakersfield, CA metro area Market Trends
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Detailed Market Metrics
Median List Price
$410K
Price per Sq Ft
$228
Sale-to-List Ratio
98.6%
Months of Supply
3.2
Sold Above List
29.3%
Price Drops
26.3%
New Listings
944
↑ 5.8% YoY
Pending Sales
803
Off Market in 2 Weeks
33.4%
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.