Is West Kern, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Kern is a neutral's market

Buyer's
Market

Difference Since January 2022

At the same time last year, West Kern was a Seller's Market.

Key Takeaway

West Kern is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in West Kern, CA cost?

Median Sold Price

$350,000

$237/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

-$19,000(-5.1%)

Key Takeaway

Homes in West Kern have sold for 5.1% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $221K$162.9K
-26.3%
2 $322.9K$300K
-7.1%
3 $389.5K$395K
+1.4%
4 $475K$467.5K
-1.6%
5+ $535K$942.5K
+76.2%

How many homes are available in West Kern, CA?

Number of Homes For Sale

Dec 2022Jan 2023%
97100+3.1%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 33
0.0%
2 3032
+6.7%
3 4240
-4.8%
4 1820
+11.1%
5+ 45
+25.0%

Number of Homes Sold

Dec 2022Jan 2023%
1415+7.1%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Kern, you may be able to get a good deal. 73.3% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
22 Days100 Days+350.5%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in West Kern are taking a long time to sell, it's a good idea to negotiate on homes here.

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

About West Kern, CA

Homes for sale in West Kern, CA have reached 100. In January 2023 in West Kern, CA there were 3.1% more homes for sale than in December 2022. While the average time on the market in January 2023 was 100 days, the median list price was $350,000. Real estate listing prices changed between December 2022 and January 2023: prices of 1 bedroom properties decreased by 26.3%, prices of 2 bedrooms properties went down by 7.1%, prices of 3 bedrooms properties increased by 1.4%, the cost of 4 bedrooms properties went down by 1.6%, 5 bedrooms properties became 76.2% more expensive. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, volume of 2 bedrooms homes went up by 6.7%, volume of 3 bedrooms homes went down by 4.8%, the quantity of 4 bedrooms homes went up by 11.1%, the quantity of 5 bedrooms homes went up by 25%. In January 2023 more than 3 listings in West Kern, CA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 11 were sold below.

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