Current Price

$389,444

1 Month Forecast

â–² $399,765

1-Year Forecast *

â–² $423,163

5-Year Forecast *

â–² $481,397

"Is it a good time to buy homes in Bakersfield?" "Does investing in real estate in Bakersfield (California State, Kern County) worth it?" According to our live Forecast System, buying a house in Bakersfield is a acceptable short-term (1-year) investment*. The Bakersfield average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Bakersfield" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Bakersfield in California State, Kern County. If you are looking for homes for sale with good flipping profit, Bakersfield can be a profitable property investment option. The median price of an average house in Bakersfield was 389,444 USD on 2026-02-04. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Bakersfield" area is 481,397 USD by 2031-02-04. For a 5-year investment the profit is expected to be around +23.61% meaning that investing 100000 USD today may yield a profit of 23,611 USD by 2031.

Current Median Listing Price: 389,444 USD Median Listing Price Per Square Foot: 216 USD

Bakersfield Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Bakersfield (California State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Bakersfield Price Target

Bakersfield median home price target in 12 months: $423,163* (upside of 8.7%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $398,723 $397,703 $397,703 $399,386
2024 $373,723 $389,444 $373,723 $389,444
2023 $359,360 $372,421 $356,596 $372,421
2022 $335,302 $361,695 $335,302 $369,274
2021 $280,893 $330,404 $280,893 $330,404
2020 $252,303 $276,919 $252,303 $276,919
2019 $240,129 $250,715 $240,129 $250,715
2018 $229,002 $239,022 $229,002 $239,022
2017 $219,406 $227,748 $219,406 $227,748
2016 $216,851 $218,836 $216,851 $218,836
2015 $206,975 $215,938 $206,975 $215,938
2014 $191,949 $206,053 $191,949 $206,053
2013 $154,695 $189,924 $154,695 $189,924
2012 $136,456 $151,649 $136,456 $151,649

Questions & Answers about the Bakersfield Housing Market Forecast

How much does an average home cost in Bakersfield today?

The value of an average home (the listing price) in Bakersfield is $389,444 USD.

What is the average price per square foot in Bakersfield?

According to Walletinvestor the median price per square foot in Bakersfield is 216 USD.

Will the median listing price of homes in Bakersfield grow / rise / go up?

Yes. The Bakersfield home prices may rise from 389,444 USD to 423,163 USD in one year.

Is it profitable to invest in Bakersfield homes?

Yes. The long-term profit potential is +8.66% in one year.

Will Bakersfield house prices fall / drop?

No. See above.

What is the predicted price of a Bakersfield home in 2030?

The predicted home sales price of a Bakersfield home in 2030 in Bakersfield is 466,247 USD.

What is the predicted price of a Bakersfield home in 2035?

The predicted home sales price of a Bakersfield home in 2035 in Bakersfield is 547,644 USD.

Will real estate prices decrease in Bakersfield?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Bakersfield is the 50. largest city in the United States, located in California State.

During the last 12 months the real estate prices in Kern, Bakersfield decreased, looking at the past 12 months.

According to Walletinvestor's Bakersfield real estate market research, home values will increase in the next 12 months.

Median home values decreased by 2.489% to 389,444 USD, between 2025-02-04 and 2026-02-04

The average annual profit of property investment was:

  • 10.628% in 2021
  • 10.478% in 2022
  • 10.368% in 2023
  • 10.238% in 2024
  • 8.248% in 2025
  • 7.318% in 2026

Based on our Bakersfield real estate market research and report the predicted sales prices will increase by 129.419% in the next 10 years.

Over the last 12 months, the value of homes in Bakersfield fluctuated: decreasing 5 times.

Bakersfield (California) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Bakersfield Housing Market Forecast with Real Estate Prices for 2025
August 2025 399765 372581 426949
September 2025 401838 372102 431574
October 2025 403921 374031 433811
November 2025 406015 375564 436466
December 2025 408120 384857 431383
Bakersfield Housing Market Forecast with Real Estate Prices for 2026
January 2026 410236 374545 445926
February 2026 412363 389683 435043
March 2026 414500 389216 439785
April 2026 416649 380401 452898
May 2026 418810 378604 459015
June 2026 420981 389407 452554
July 2026 423163 382116 464210
August 2026 425357 399836 450879
September 2026 427562 401481 453644
October 2026 429779 400554 459004
November 2026 432007 398743 465272
December 2026 434247 401678 466815
Bakersfield Housing Market Forecast with Real Estate Prices for 2027
January 2027 434396 397906 470885
February 2027 433247 402920 463575
March 2027 432102 395806 468399
April 2027 430960 402517 459403
May 2027 429821 387698 471943
June 2027 428685 393961 463408
July 2027 427552 400616 454487
August 2027 426582 391176 461988
September 2027 427386 388922 465851
October 2027 429599 401246 457953
November 2027 431826 394689 468963
December 2027 434065 411928 456202
Bakersfield Housing Market Forecast with Real Estate Prices for 2028
January 2028 436316 404464 468167
February 2028 438575 406120 471029
March 2028 440237 397975 482500
April 2028 441463 404380 478546
May 2028 442932 417685 468179
June 2028 444480 419589 469371
July 2028 446297 409701 482893
August 2028 448423 405375 491472
September 2028 450748 408378 493119
October 2028 453085 417744 488426
November 2028 455014 418613 491415
December 2028 456608 430125 483092
Bakersfield Housing Market Forecast with Real Estate Prices for 2029
January 2029 457887 413930 501844
February 2029 459017 415870 502165
March 2029 460317 431317 489317
April 2029 461613 437148 486079
May 2029 463072 423711 502433
June 2029 465473 425908 505038
July 2029 466247 423352 509142
August 2029 466189 420036 512342
September 2029 465936 441707 490164
October 2029 465536 434345 496727
November 2029 465044 423190 506898
December 2029 464283 438747 489819
Bakersfield Housing Market Forecast with Real Estate Prices for 2030
January 2030 466690 439155 494225
February 2030 469110 425482 512737
March 2030 471542 439948 503135
April 2030 473986 442229 505743
May 2030 476444 434993 517894
June 2030 478914 442516 515311
July 2030 481397 446736 516057
August 2030 483892 444697 523088
September 2030 486401 452839 519963
October 2030 488923 454209 523636
November 2030 491458 451158 531757
December 2030 494005 467329 520682
Bakersfield Housing Market Forecast with Real Estate Prices for 2031
January 2031 496567 459821 533312
February 2031 499141 462704 535578
March 2031 501729 469116 534341
April 2031 504330 467009 541650
May 2031 506945 462840 551049
June 2031 507118 466549 547688
July 2031 505778 460763 550792
August 2031 504441 469634 539247
September 2031 503107 458834 547381
October 2031 501777 472173 531382
November 2031 500451 469924 530979
December 2031 499128 461694 536563
Bakersfield Housing Market Forecast with Real Estate Prices for 2032
January 2032 497996 458655 537338
February 2032 498935 450539 547332
March 2032 501519 462902 540136
April 2032 504119 468326 539911
May 2032 506732 477342 536123
June 2032 509359 469629 549089
July 2032 511997 466429 557565

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.