Market Overview
Home Prices in Bakersfield, CA
The median home value in Bakersfield, CA is $392,105 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.4% compared to a year ago and up 2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bakersfield are priced4% below average. Bakersfield is part of the Bakersfield, CA metro area.
Over the past five years, Bakersfield home values have risen by approximately28.0%, reflecting strong long-term appreciation in this market.
Price History
Bakersfield Home Price Trend
City Comparison
Bakersfield vs. National Median
At $392,105, homes in Bakersfield cost 4% below the national median of $410,000. This makes Bakersfield a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Bakersfield?
20% Down Payment
$78,421
on $392,105
Monthly P&I
$2,045/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,597/mo
incl. taxes & insurance
Income Needed
$103,880
gross annual (30% rule)
10% Down Option
$39,211
+ PMI applies
Loan Amount (20% dn)
$313,684
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Bakersfield, CA?
The median home value in Bakersfield is $392,105 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.4% year-over-year.
How much have home prices changed in Bakersfield?
Over the past year, home values in Bakersfield have decreased by 0.4%. Over five years, prices have risen approximately 28.0%.
How much do I need to earn to buy a home in Bakersfield?
To comfortably afford the median home price of $392,105 with a 20% down payment ($78,421) at today's rates (6.8%), you'd need a gross annual income of approximately $103,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Bakersfield compare to the national average home price?
The national median home value is approximately $410,000. At $392,105, homes in Bakersfield are 4% below the national average.
What metro area is Bakersfield part of?
Bakersfield is part of the Bakersfield, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.