Bakersfield Housing Market Report – March 2026

Here's a look at how the Bakersfield, CA real estate market performed in March 2026, based on actual sold data from the MLS.

Market Snapshot

Homes Sold: 407
Median Sale Price: $415,910
Average Sale Price: $451,671
Average Price Per Sq Ft: $229
Average Days on Market: 77
Sale-to-List Price Ratio: 99.5%

Month-Over-Month Trends

Compared to February, the median sale price in Bakersfield moved 5.3% up (from $395,000 to $415,910). The number of homes sold was 48.0% up compared to the prior month (275 vs. 407). Average days on market shifted 6.1% down (82 days to 77 days).

Year-Over-Year Comparison

Compared to March 2025, the median sale price is 4.2% up (from $399,000 to $415,910). Sales volume is 27.3% down year-over-year.

What This Means

Bakersfield's housing market is showing some encouraging momentum as we move into spring. March brought a significant surge in sales activity, with homes sold jumping 48 percent from February—a classic seasonal uptick as buyers shake off winter lethargy. The median price climbed to nearly $416,000, up 5.3 percent month-over-month, suggesting that increased demand is translating into upward price pressure. What's particularly telling is that homes are selling at 99.5 percent of list price with an average market time of just 77 days, indicating fairly balanced conditions where neither buyers nor sellers have overwhelming leverage.

However, the year-over-year comparison tells a more cautious story. While prices are up 4.2 percent annually, sales volume has actually declined 27 percent compared to March 2025, which hints that underlying demand may be softer than the monthly numbers suggest. The substantial inventory of nearly 2,000 active listings provides buyers with options, though many properties are lingering longer on the market than those that recently sold.

Overall, Bakersfield appears to be in a transitional phase—seasonal demand is lifting the market off its winter lows, but long-term buyer interest remains constrained. It's a workable market, but not a hot one.

Bakersfield Sales by Zip Code

Zip Code	Homes Sold	Median Price	Avg $/SqFt	Avg DOM
93311	57	$465,900	$252	72
93308	50	$342,500	$238	76
93314	46	$510,000	$253	83
93306	43	$361,000	$209	72
93307	42	$387,495	$257	85
93312	38	$443,950	$243	65
93309	37	$325,000	$206	69
93313	37	$445,000	$238	67
93304	23	$315,000	$208	121
93305	22	$322,500	$189	63
93301	11	$239,000	$175	118
93203	1	$9,500	$9	77

Sales by Property Type

Property Type	Homes Sold	Median Price	Avg $/SqFt
SINGLE_FAMILY	337	$419,990	$237
MULTI_FAMILY	19	$450,000	$242
LAND	18	$473,250	N/A
MOBILE	12	$104,000	$102
CONDOS	12	$252,500	$184
OTHER	5	$368,000	$94
CONDO	3	$166,000	$171
FARM	1	$465,000	N/A

Sales by Price Range

Price Range	Homes Sold
Under $100K	10
$100K - $199K	19
$200K - $299K	54
$300K - $399K	100
$400K - $499K	131
$500K - $749K	68
$750K+	25

Current Active Listings

As of this report, there are 1,993 active listings in Bakersfield with a median asking price of $421,990 and an average of 67 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 the Central Valley — get a no-obligation cash offer today.