Housing Prices in South Bakersfield, CA
How much do homes in South Bakersfield, CA cost?
Median List Price
$319,900
$236/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in South Bakersfield has increased by 7.7% since last year.
Summary: The median home list price in South Bakersfield was $319,900 in May 2024, up 7.7% from the previous year, and the median price per square foot was $236.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $244.5K | $241.9K | -1.1% |
| 3 Bedrooms | $290K | $310K | +6.9% |
| 4 Bedrooms | $350K | $352.5K | +0.7% |
| 5+ Bedrooms | $350K | $385K | +10.0% |
Summary: South Bakersfield housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 10%.
Median List Price Compared To Nearby Neighborhoods
| Benton Park | $294.5K | $319.9K | +8.6% |
| South Bakersfield | $297K | $319.9K | +7.7% |
| Stone Meadows | $382K | $389.4K | +2.0% |
Housing Supply in South Bakersfield, CA
How many homes are available in South Bakersfield, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 29 | 28 | -3.4% |
Summary: The South Bakersfield real estate market had 28 homes for sale in May 2024, a 3.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 16 | 15 | -6.3% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The South Bakersfield housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Days on Market for South Bakersfield, CA
How long does it take to sell a home in South Bakersfield, CA?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 210 Days | 117 Days | -44.2% |
Summary: Homes in South Bakersfield had an average listing age of 117 days in May 2024, down by 44.2% compared to the previous year.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.