The story of this market
The typical home in Bakersfield, California sells for about $410,000, or $234 per square foot.
Homes take about 51 days to sell. HUD's fair market rent for a two-bedroom is $1,472 a month.
Monthly price momentum
Home values since 2015
+0.5%
CA · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Bakersfield, California
Bakersfield's housing market shows stability with balanced supply and demand, particularly in the multifamily sector. While home prices remain relatively affordable compared to the state average, growth is supported by a consistent employment base in energy and agriculture. Some metrics, such as specific tax rates and detailed school performance data, were not available for this report.
3 verified foreclosure posting(s) on the ARED county ledger attributed to Bakersfield across its county. Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).
Deterministic aggregate of 11 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 0.8% year over year.
Homes spend a median of 47 days on market with 0.7 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 21.89% of asking — demand is holding steady.
3 foreclosure-ledger notices — 0.1 per 10,000 residents — a stable, low-distress profile.
- The Big Red Barn, Murray Family Farms4.515.9 mi
- The BLVD!4.31.7 mi
- John's Incredible Pizza - Bakersfield41.7 mi
- MB2 Entertainment Bakersfield4.51.1 mi
- Hide N Seek Adventure Park4.55.5 mi
- Dignity Health Arena, Theater and Convention Center4.50.4 mi
- Kern County Fair And Event Center4.32.2 mi
- Famoso Dragstrip4.817 mi
- Kevin Harvick's Kern Raceway4.614.5 mi
- Golden Corral Buffet & Grill43.2 mi
- Maya Cinemas Bakersfield4.60.5 mi
- The Park at River Walk4.76.2 mi
- The Big Red Barn, Murray Family Farms4.515.9 mi
- California Living Museum (CALM)4.78.6 mi
- Regal Edwards Bakersfield4.25.2 mi
- Kern County Museum4.61.4 mi
- Buena Vista Museum of Natural History & Science4.60.3 mi
- Bakersfield Museum of Art4.50.7 mi
- Minter Field Air Museum4.612.8 mi
- Atomic Kitten Salon4.40.2 mi
- Hart Memorial Park4.68.1 mi
- The Park at River Walk4.76.2 mi
- Bakersfield Sports Village Soccer Complex4.47.7 mi
- Polo Park4.56.8 mi
- River Walk4.66.3 mi
- Seven Oaks Country Club4.66.3 mi
- Links at Riverlakes Ranch Golf Course4.35.2 mi
- Kern River Golf Course4.510 mi
- North Kern Golf Course4.311.5 mi
- Sundale Country Club4.43.5 mi
- Valley Plaza4.22.6 mi
- Mercado Latino4.32.8 mi
- WinCo Foods4.56.3 mi
- WinCo Foods4.54.3 mi
- The Big Red Barn, Murray Family Farms4.515.9 mi
- Meadows Field Airport4.44.8 mi
- Memorial Hospital3.91.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A major greenbelt offering extensive trails for recreation, serving as a primary outdoor amenity for residents.
A cultural anchor showcasing regional history, contributing to the city's educational and tourism base.
A central retail and dining hub that supports local commerce and provides essential services to the surrounding residential areas.
Bakersfield is well-suited for family buyers and commuters seeking affordability relative to the broader California market. The city's stable rental environment and ongoing residential development also attract long-term investors looking for consistent demand in the energy and agricultural employment hubs.
Bakersfield is served by major highway corridors that facilitate regional transit and commuting. Infrastructure efforts remain focused on maintaining connectivity for the city's growing population.
Bakersfield offers a variety of recreational amenities including the Kern River Parkway, which provides extensive trails for walking and cycling, and numerous community parks. The city also features cultural attractions like the Kern County Museum and various shopping districts such as the Bakersfield Marketplace, serving as central hubs for local leisure and commerce.
The Bakersfield multifamily market remains stable with vacancy rates hovering near 5% as demand keeps pace with new supply. Average asking rents have shown modest annual growth, positioning the city as one of California's more affordable rental markets for residents.
Bakersfield's economy is anchored by the energy and agricultural industries, which provide a stable employment base. The city continues to see momentum through ongoing residential and commercial development projects.
Bakersfield serves as a major hub for the energy and agricultural sectors, with significant employment driven by oil production and large-scale farming operations. Infrastructure development is focused on regional connectivity, while the city continues to see steady residential expansion in its northern and western corridors.
The city's development pipeline includes significant multifamily projects like the Park Center at Seven Oaks, which is currently under construction to meet housing demand.
Parcels in Bakersfield may be subject to special districts including Mello-Roos or other assessment districts used to fund local infrastructure and public services.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (California) — Mello-Roos Community Facilities Act Special Parcel Tax Assessment: Levies an annual direct, non-ad valorem special tax directly on the parcel's secured property tax bill to fund designated community infrastructure (e.g., roads, sewer facilities, school facilities, emergency services) and repay municipal debt bonds. State (California) — California Homeowners' Property Tax Exemption: Reduces the taxable assessed value of the qualifying owner-occupied principal residence by $7,000 against the county assessment roll, generating a direct tax savings of approximately $70 annually (computed as $7,000 × 1% base rate). State (California) — California Proposition 13 Ad Valorem Real Property Tax: Establishes a base ad valorem tax rate capped at 1.0% of assessed value plus voter-approved local indebtedness and direct assessments (typically resulting in an effective tax rate of 1.1% to 1.25%).
Data retrieved from U.S. Census Bureau QuickFacts and Data.census.gov.
The federal school roster could not be retrieved on the last refresh — no list is shown rather than an unverified one. Source: NCES EDGE public school locations 2023-24.
applies when — Parcels located within specific district boundaries (e.g., Community Service Districts, Irrigation Districts, County Service Areas)
Imposes additional tax rates or service charges per parcel. Rates are set by the respective districts or the County Board of Supervisors and added to the annual property tax bill.
Levies are calculated by the Auditor-Controller-County Clerk and collected by the Treasurer-Tax Collector.
Regulates the use of private property by listing specific allowed uses based on the zoning designation of the parcel.
Codified in Title 19 of the Kern County Code.
Requires strict conformance to the Kern County Ordinance Code and General Plan for any subdivision or development of land. Prohibits land division that does not meet established regulatory standards.
Adopted to regulate land division; codified in Title 18 of the Kern County Code.
The general local government rate is applied to the assessed value of taxable property. The formula is: (Assessed Value x General Tax Rate) + Special Assessments + District Levies. Real property with a base year value of $5,000 or less is exempt from property tax per county ordinance.
Ordinance enacted pursuant to California Revenue and Taxation Code section 155.20.
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.