Is Kern County, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2021
Since last year, Kern County has remained a Seller's Market.
Key Takeaway
Kern County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Kern County, CA cost?
Median Sold Price
$358,333
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2021
+$41,000(+12.9%)
Key Takeaway
Homes in Kern County have sold for 12.9% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Oct 2021 | Oct 2022 | % |
|---|---|---|---|
| 1 Bedroom | $184.9K | $150K | -18.9%  |
| 2 Bedrooms | $232K | $240K | +3.4% |
| 3 Bedrooms | $296.7K | $333K | +12.2% |
| 4 Bedrooms | $385K | $420K | +9.1% |
| 5+ Bedrooms | $449K | $581K | +29.4% |
Median Sold Price Compared To Nearby Counties
| Kern County | $317.3K | $358.3K | +12.9% |
| Santa Barbara County | $555K | $618.3K | +11.4% |
| Ventura County | $745.9K | $824.4K | +10.5% |
| Los Angeles County | $790.4K | $859.9K | +8.8% |
How many homes are available in Kern County, CA?
Number of Homes For Sale
| Sep 2022 | Oct 2022 | % |
|---|---|---|
| 597 | 623 | +4.4% |
Homes For Sale By Bedroom Count
| # BEDS | Sep 2022 | Oct 2022 | % |
|---|---|---|---|
| 1 Bedroom | 12 | 13 | +8.3% |
| 2 Bedrooms | 86 | 91 | +5.8% |
| 3 Bedrooms | 294 | 294 | 0.0% |
| 4 Bedrooms | 162 | 179 | +10.5% |
| 5+ Bedrooms | 43 | 46 | +7.0% |
Number of Homes Sold
| Sep 2022 | Oct 2022 | % |
|---|---|---|
| 97 | 104 | +7.2% |
Asking Price vs. Sold Price
45 Homes Were Sold
Under Asking
31 Homes Were Sold
At Asking
28 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kern County, you may be able to get a good deal. 43.3% of homes here sold below asking price last month.
Average Sale Time
| Oct 2021 | Oct 2022 | % |
|---|---|---|
| 24 Days | 42 Days | +73.2% |
Breakdown of Home Sale Times
60 Homes Were Sold
Under 30 Days
29 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kern County are selling fast, if you're buying plan to act quickly.
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.