Market Overview
Home Prices in Shafter, CA
The median home value in Shafter, CA is $386,224 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.8% compared to a year ago and up 2.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Shafter are priced6% below average. Shafter is part of the Bakersfield, CA metro area.
Over the past five years, Shafter home values have risen by approximately24.8%, reflecting strong long-term appreciation in this market.
Price History
Shafter Home Price Trend
City Comparison
Shafter vs. National Median
At $386,224, homes in Shafter cost 6% below the national median of $410,000. This makes Shafter a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Shafter?
20% Down Payment
$77,245
on $386,224
Monthly P&I
$2,014/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,558/mo
incl. taxes & insurance
Income Needed
$102,320
gross annual (30% rule)
10% Down Option
$38,622
+ PMI applies
Loan Amount (20% dn)
$308,979
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 Shafter, CA?
The median home value in Shafter is $386,224 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.8% year-over-year.
How much have home prices changed in Shafter?
Over the past year, home values in Shafter have decreased by 0.8%. Over five years, prices have risen approximately 24.8%.
How much do I need to earn to buy a home in Shafter?
To comfortably afford the median home price of $386,224 with a 20% down payment ($77,245) at today's rates (6.8%), you'd need a gross annual income of approximately $102,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Shafter compare to the national average home price?
The national median home value is approximately $410,000. At $386,224, homes in Shafter are 6% below the national average.
What metro area is Shafter part of?
Shafter is part of the Bakersfield, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.