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
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.