Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$360,2100.0% YoY · prices are flat
Market right nowBalanced, leaning buyersMore homes for sale than last year, 18% have cut their price
Income needed to buy, per year$78,086About 1.1× the local median income ($71,295): a stretch for a typical household
Days on market64 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+1.6%Zillow expects prices to rise slightly
The typical home in Bakersfield-Delano, CA is worth $360,210, about the same as a year ago. That is well above what local incomes have historically supported: fair value is about $320,282, so the area is 12.5% overvalued. It is a balanced market, leaning toward buyers: homes take about 64 days to sell, listings are up 11% from a year ago, 18% of listings have had a price cut. Zillow expects prices to rise about 1.6% over the next year. A household needs about $78,086 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $71,295. Typical rent is $1,822 a month, or $2,263 for a house. In the latest IRS figures, 1,426 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$360,210
Change in 1 year
0.0%
Overvalued %
+12.5%
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Fair home value
$320,282
Change in 5 years
+22.2%
Zillow forecast, next 12 months
+1.6%
Home value to income
5.1×
Monthly mortgage payment (20% down)
$1,952
Income needed to afford it
$78,086
Property tax rate
0.88%
Rent and investing
Typical rent
$1,822
Typical rent for houses
$2,263
Price-to-rent ratio
16.5×
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HUD Fair Market Rent, 2 bedrooms
$1,656
Gross rental yield
6.07%
Cap rate (estimate)
3.95%
Market activity
Listings vs a year ago
+11.1%
Days on market
64
Listings with a price cut
17.8%
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Homes for sale
2,475
Pending sales per 100 listings
35
Asking price per sq ft
$227
People and jobs
Median household income
$71,295
Population change (1 year)
+0.3%
Unemployment rate
8.6%
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Population
927,068
Income adjusted for cost of living
$70,659
Net moves in (IRS)
−1,426
Cost of living (US = 100)
100.9
Schools, risk and environment
School rating (1 to 10)
4.2
FEMA hazard risk score (0 to 100)
98.9
Unhealthy air days a year
65
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Flood risk score
98.5
Wildfire risk score
99.7
Walkability (1 to 20)
9.9
Road, rail and air noise
54 dB
Questions people ask
Is Bakersfield-Delano, CA overvalued?
Home prices in Bakersfield-Delano, CA are well above what local incomes have historically supported: fair value is about $320,282, so the area is 12.5% overvalued.
Is Bakersfield-Delano, CA a buyer's or seller's market?
Bakersfield-Delano, CA is a balanced market, leaning toward buyers: homes take about 64 days to sell, listings are up 11% from a year ago, 18% of listings have had a price cut.
Are home prices going down in Bakersfield-Delano, CA?
Home values in Bakersfield-Delano, CA are up 0.0% over the last year. Zillow's forecast for the next 12 months is +1.6%.
How much do you need to earn to buy a home in Bakersfield-Delano, CA?
A household needs about $78,086 a year to afford the typical home in Bakersfield-Delano, CA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $71,295.