In May 2025, Bakersfield’s housing market became more active. More homes were put up for sale, and more people were looking to buy them. This means that both supply and demand increased compared to April and to the same time last year. The report shows that the market is heating up as we move into the summer months, which is normally a busy time for real estate.
More Homes Are Being Listed
The number of houses available for sale is growing. This increase in inventory gives buyers more choices than they had earlier in the year. For sellers, this means more competition, so standing out with good pricing and home condition becomes more important. Still, having more homes on the market is generally a sign of a healthier housing market, especially after years of tight supply.
Buyer Activity Is Picking Up
Even though mortgage rates remain higher than in past years, many buyers are still actively shopping for homes. People continue to move to Bakersfield from other parts of California because housing is more affordable here. First-time homebuyers, families upgrading to larger homes, and people relocating for work are all part of this growing demand.
Prices Are Going Up
Because there are more people looking to buy and slightly more homes for sale, prices are rising. According to the report, home prices in Bakersfield were higher in May 2025 than they were in both April 2025 and May 2024. While this is good news for homeowners and sellers, it can make things harder for buyers who are working with tighter budgets.
What Buyers and Sellers Should Know
For buyers: Now may be the right time to start looking, especially with more homes available. But act quickly—competition is increasing, and prices may keep climbing.
For sellers: If you’ve been thinking about listing your home, this might be a smart time. With more buyers in the market and rising prices, you have a good chance of getting strong offers.
For renters: If you’ve been considering buying a home, pay attention to how prices and mortgage rates shift over the next few months.