Bakersfield Housing Market Report – July 2026
Here's a look at how the Bakersfield, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 559
- Median Sale Price: $400,000
- Average Sale Price: $437,633
- Average Price Per Sq Ft: $243
- Average Days on Market: 76
- Sale-to-List Price Ratio: 98.7%
Month-Over-Month Trends
Compared to June, the median sale price in Bakersfield moved 2.4% down (from $410,000 to $400,000). The number of homes sold was 5.3% down compared to the prior month (590 vs. 559). Average days on market shifted 4.1% up (73 days to 76 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 1.1% up (from $395,655 to $400,000). Sales volume is 5.3% down year-over-year.
What This Means
Bakersfield's housing market is cooling slightly as summer progresses, with July showing early signs of seasonal softening. The median price dipped 2.4% month-over-month to $400,000, though it remains modestly up year-over-year, suggesting underlying stability despite near-term weakness. More notably, homes are sitting on the market about three days longer than last month, which typically indicates less buyer urgency. With nearly 2,900 active listings competing for attention, sellers no longer have the advantage they enjoyed earlier in the year.
The sales-to-list ratio of 98.7% tells an interesting story. Buyers are still negotiating effectively, landing homes just shy of asking price rather than bidding aggressively above it. This is a far cry from the hot markets we've seen in California's coastal regions. July's 5.3% decline in transaction volume month-over-month likely reflects typical summer seasonality—some buyers take vacations or delay decisions during this period—rather than dramatic market deterioration.
For Bakersfield, this represents a healthy normalization. The inventory levels are comfortable, pricing remains relatively stable year-over-year, and the market isn't overheated. Buyers have regained negotiating power, while sellers should price realistically to move properties in a lengthening timeframe.
Bakersfield Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 93311 | 85 | $506,500 | $327 | 62 |
| 93312 | 68 | $440,000 | $249 | 69 |
| 93309 | 65 | $338,500 | $227 | 81 |
| 93313 | 60 | $415,000 | $239 | 75 |
| 93306 | 59 | $370,000 | $219 | 80 |
| 93307 | 59 | $350,000 | $229 | 84 |
| 93308 | 55 | $310,000 | $210 | 72 |
| 93314 | 44 | $537,500 | $235 | 80 |
| 93304 | 34 | $285,500 | $224 | 77 |
| 93305 | 20 | $267,950 | $220 | 81 |
| 93301 | 8 | $450,000 | $302 | 74 |
| 93203 | 2 | $21,500 | $22 | 319 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 470 | $409,000 | $240 |
| LAND | 22 | $265,750 | $202 |
| MOBILE | 22 | $82,700 | $352 |
| CONDOS | 19 | $215,000 | $197 |
| MULTI_FAMILY | 18 | $494,200 | $207 |
| OTHER | 6 | $725,000 | $324 |
| CONDO | 2 | $182,500 | $174 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 24 |
| $100K - $199K | 28 |
| $200K - $299K | 81 |
| $300K - $399K | 138 |
| $400K - $499K | 150 |
| $500K - $749K | 105 |
| $750K+ | 33 |
Current Active Listings
As of this report, there are 2,832 active listings in Bakersfield with a median asking price of $429,900 and an average of 67 days on market.
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