Bakersfield, CA metro area Housing Market
Cool 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: January 2026
Median Sale Price
$380K
↑ 1.3% YoY
Days on Market
58 days
↑ 11.5% YoY
Active Inventory
1,879
↓ 7.7% YoY
Homes Sold
471
↓ 2.3% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
Bakersfield, CA metro area Market Summary
The Bakersfield, CA metro area housing market is cooling down. As of January 2026, the median home sale price is $380K, up 1.3% year-over-year. Homes are spending a median of 58 days on the market, 11.5% longer than a year ago.
There are 1,879 homes for sale — 7.7% fewer than last year. With 4.0 months of supply, this is a balanced market. 797 new listings were added during this period, down 11.3% year-over-year.
Homes are selling for 98.5% of their list price on average, suggesting room for negotiation. 31.4% of homes sell above their asking price. 22.6% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
68
Contributing Factors
How This Market Compares
vs. National Median
vs. California Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals.
Bakersfield, CA metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$395K
Price per Sq Ft
$229
Sale-to-List Ratio
98.5%
Months of Supply
4.0
Sold Above List
31.4%
Price Drops
22.6%
New Listings
797
↓ 11.3% YoY
Pending Sales
664
Off Market in 2 Weeks
29.1%
Other Markets in California
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$880K · 69d on market
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$575K · 70d on market
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$900K · 46d on market
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$565K · 56d on market
Anaheim, CA metro area
$1.19M · 61d on market
Oakland, CA metro area
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San Jose, CA metro area
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San Francisco, CA metro area
$1.39M · 38d on market
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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.