Bakersfield Housing Market Report – May 2026
Here's a look at how the Bakersfield, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 553
- Median Sale Price: $412,000
- Average Sale Price: $444,474
- Average Price Per Sq Ft: $233
- Average Days on Market: 70
- Sale-to-List Price Ratio: 98.9%
Month-Over-Month Trends
Compared to April, the median sale price in Bakersfield moved 3.0% up (from $400,000 to $412,000). The number of homes sold was 6.0% down compared to the prior month (588 vs. 553). Average days on market shifted 7.9% down (76 days to 70 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 2.1% down (from $421,000 to $412,000). Sales volume is 8.1% down year-over-year.
What This Means
Bakersfield's housing market is showing mixed signals as we head into summer. While the median price ticked up 3 percent month-over-month to $412,000, the year-over-year comparison tells a different story—prices are actually down 2.1 percent from May 2025. This suggests the market has cooled considerably over the past twelve months, though it may be stabilizing now. The sale-to-list price ratio of 98.9 percent indicates sellers aren't getting quite their asking price, a sign that buyer power has increased. Inventory remains elevated at 2,465 active listings, giving shoppers plenty of options.
Days on market have improved to 70 days, down nearly 8 percent from April, which is encouraging for sellers. However, sales volume continues its downward trend, declining 6 percent month-over-month and 8.1 percent year-over-year. This slowdown likely reflects broader affordability challenges and lingering rate sensitivity—even at current price levels, monthly payments remain steep for many buyers. The bulk of activity remains in single-family homes, which account for the vast majority of sales. For buyers, the combination of more inventory and faster sale times suggests this remains a balanced market with some negotiating room.
Bakersfield Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 93312 | 70 | $449,000 | $246 | 64 |
| 93311 | 67 | $495,000 | $244 | 70 |
| 93306 | 61 | $345,000 | $222 | 77 |
| 93309 | 61 | $380,000 | $231 | 58 |
| 93308 | 60 | $304,000 | $218 | 73 |
| 93314 | 56 | $585,000 | $266 | 83 |
| 93307 | 56 | $347,500 | $236 | 80 |
| 93313 | 54 | $419,450 | $227 | 64 |
| 93304 | 42 | $287,500 | $227 | 54 |
| 93305 | 15 | $268,000 | $222 | 93 |
| 93301 | 8 | $303,375 | $200 | 63 |
| 93203 | 2 | $15,000 | $19 | 114 |
| 93263 | 1 | $425,000 | $257 | 41 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 470 | $419,450 | $243 |
| MULTI_FAMILY | 26 | $575,000 | $185 |
| MOBILE | 21 | $90,000 | $72 |
| LAND | 17 | $488,500 | N/A |
| CONDOS | 10 | $240,000 | $211 |
| OTHER | 6 | $669,750 | $290 |
| CONDO | 2 | $173,500 | $110 |
| TOWNHOMES | 1 | $235,000 | $214 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 16 |
| $100K - $199K | 34 |
| $200K - $299K | 77 |
| $300K - $399K | 132 |
| $400K - $499K | 142 |
| $500K - $749K | 111 |
| $750K+ | 41 |
Current Active Listings
As of this report, there are 2,465 active listings in Bakersfield with a median asking price of $429,000 and an average of 66 days on market.
Thinking About Selling Your Bakersfield Home?
If you're a homeowner in Bakersfield considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Bakersfield and throughout Kern County — get a no-obligation cash offer today.