Is East Kern, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, East Kern has remained a Seller's Market.
Key Takeaway
East Kern is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Kern, CA
How much do homes in East Kern, CA cost?
Median Sold Price
$314,990
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
The sold price of homes in East Kern has remained the same since last year.
Summary: The median home sold price in East Kern was $314,990 in May 2024, up 0.1% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120K | $80K | -33.3% |
| 2 Bedrooms | $218.5K | $215K | -1.6% |
| 3 Bedrooms | $287.5K | $300K | +4.3% |
| 4 Bedrooms | $393K | $387.5K | -1.4% |
| 5+ Bedrooms | $440K | $440K | 0.0% |
Summary: East Kern housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Mojave | $230K | $243K | +5.7% |
| California City | $282K | $295K | +4.6% |
| East Kern | $314.6K | $314.9K | 0.1% |
| Edwards | $205K | $177.5K | -13.4% |
Housing Supply in East Kern, CA
How many homes are available in East Kern, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 160 | 158 | -1.3% |
Summary: The East Kern real estate market had 158 homes for sale in May 2024, a 1.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 19 | 17 | -10.5% |
| 3 Bedrooms | 72 | 73 | +1.4% |
| 4 Bedrooms | 53 | 52 | -1.9% |
| 5+ Bedrooms | 15 | 15 | 0.0% |
Summary: The East Kern housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10.5%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 40 | 33 | -17.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Kern, expect to pay close to the asking price. 39.4% of homes here sold near the asking price last month.
Summary: A total of 33 homes were sold or pending in East Kern in May 2024, down by 17.5% month-over-month. Of the 33 sold homes, 24% were sold under asking, 39% were sold at asking, and 36% were sold over asking.
Days on Market for East Kern, CA
How long does it take to sell a home in East Kern, CA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 43 Days | 48 Days | +13.3% |
Summary: Homes in East Kern had an average of 48 days on market in May 2024, up by 13.3% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Kern are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 33 homes were sold in East Kern; 48% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.