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Call/text (707) 474-8855Bakersfield, CA · Market Data
Bakersfield, California real estate market data.
Real estate market data for Bakersfield, CA (Kern County) — Census median home value $347,300, county listing prices up about 2.0% over the past year.
Bakersfield, CA is in Kern County, California — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 408,366, with a median household income of $77,397. Census data puts Bakersfield's median home value at $347,300.
At a glance
Bakersfield market snapshot
Population
408,366
Median Household Income
$77,397
Median Home Value (city)
$347,300
Median Gross Rent
$1,371/mo
Price Trend (YoY)
+2.0%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Bakersfield different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Bakersfield's median home value — across all owner-occupied homes, not just recent sales — at $347,300.
County Price Trend
Kern County's FHFA house price index shows a 2% annual change in 2025.
Population & Income
Bakersfield has an estimated population of 408,366 and a median household income of $77,397, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Bakersfield's Census-reported median home value works out to about 4.5x the area's median household income, and median gross rent runs roughly 21% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Bakersfield FAQ
What are home values like in Bakersfield, CA?
The Census Bureau's American Community Survey puts Bakersfield's median home value at $347,300.
What is the population of Bakersfield, CA?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Bakersfield's population at approximately 408,366.
What's the median rent in Bakersfield, CA?
The Census ACS estimates median gross rent in Bakersfield at approximately $1,371 per month.
What is the median household income in Bakersfield, CA?
Census ACS data puts the median household income in Bakersfield at approximately $77,397.
Is the Bakersfield housing market growing?
Kern County's FHFA house price index shows a 2% annual change in 2025.
Is Bakersfield, CA affordable relative to income?
Census ACS data puts Bakersfield's median home value at about 4.5 times the median household income, with median gross rent equal to roughly 21% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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