Housing Prices in South Bakersfield, CA

How much do homes in South Bakersfield, CA cost?

Median List Price

$317,000

$233/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$27,000(+9.3%)

Key Takeaway

The list price of homes in South Bakersfield has increased by 9.3% since last year.

Summary: The median home list price in South Bakersfield was $317,000 in April 2024, up 9.3% from the previous year, and the median price per square foot was $233.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $244.5K$237.4K
-2.9%
3 $280K$310K
+10.7%
4 $350K$350K
0.0%
5+ $350K$382.5K
+9.3%

Summary: South Bakersfield housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 10.7%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 9.3%.

Median List Price Compared To Nearby Neighborhoods

Benton Park
+10.3%
South Bakersfield
+9.3%
Stone Meadows
+2.5%
Rexland Acres
+0.9%

Housing Supply in South Bakersfield, CA

How many homes are available in South Bakersfield, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2126+23.8%

Summary: The South Bakersfield real estate market had 26 homes for sale in April 2024, a 23.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 1315
+15.4%
4 23
+50.0%
5+ 23
+50.0%

Summary: The South Bakersfield housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 50%.

Days on Market for South Bakersfield, CA

How long does it take to sell a home in South Bakersfield, CA?

Average Listing Age

Apr 2023Apr 2024CHANGE
227 Days108 Days-52.0%

Summary: Homes in South Bakersfield had an average listing age of 108 days in Apr 2024, down by 52% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 12 Days Ago

Newest Listings in South Bakersfield, CA

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