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Bakersfield Market Report

$314,132

AVERAGE PRICE OF 1,516 HOMES

$1,584,850

AVERAGE PRICE OF 11 MULTI-MILLION DOLLAR HOMES

$360,788

AVERAGE PRICE OF 227 NEWLY BUILT HOMES

$427,875

AVERAGE PRICE OF 331 HOMES WITH A POOL

$322,171

AVERAGE PRICE OF 25 REDUCED PRICE HOMES

Average Home

Average Price	$314,132
Avg Bedrooms	3.53 beds
Avg Bathrooms	2.12 baths

Average Price by Bedrooms

1 bedroom	$127,766
2 bedrooms	$130,672
3 bedrooms	$274,453
4 bedrooms	$342,335
5 bedrooms	$443,271

Bakersfield Home Price Trends

	12/2020	11/2020	10/2020	9/2020	8/2020
Total Listings	1,763	1,945	1,960	1,926	1,820
Average Price	$318,262	$331,780	$343,341	$328,543	$332,357
Avg Price Change	-4.25%	-3.48%	+4.50%	-1.16%	+3.87%
Median Price	$290,099	$289,938	$292,599	$290,628	$284,165
Med Price Change	+0.06%	-0.92%	+0.68%	+2.27%	+3.11%
Avg Bedrooms	3.62 beds	3.69 beds	3.79 beds	3.55 beds	3.43 beds
Avg Bathrooms	2.24 baths	2.25 baths	2.11 baths	2.06 baths	2.06 baths

Home Price by High School

School Name	Total Homes	Average Price	Avg Days on Site
Bakersfield	147	$288,339	55 days
Centennial	120	$393,514	55 days
Highland	164	$321,538	76 days
Ridgeview	113	$329,443	65 days
West	116	$222,212	120 days

Home Price by House Size

	Total Homes	Average Price	Avg Days on Site
All Homes	1,516	$314,132	106 days
Multi-Million Dollar Homes	11	$1,584,850	101 days
Newly Built Homes	227	$360,788	77 days
Homes with a Pool	331	$427,875	62 days
Reduced Price Homes	25	$322,171	53 days

Based on information from the Golden Empire MLS, Inc./Association of REALTORS® as of January 26, 2021. 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.

Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2021 Last Updated January 26, 2021

Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2021. Updated: 1/26/2021 9:11 PM CST

Based on information from the Tulare County Association of REALTORS® 2021. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Updated: 1/26/2021 9:11 PM CST