The Southwest Housing Market Report February 2025•Kern County, California

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Housing Prices in The Southwest, CA

How much do homes in The Southwest, CA cost?

Housing Market Conditions

Is The Southwest, CA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

The Southwest is a Seller's Market

Difference Since February 2024

Since last year, The Southwest has remained a Seller's Market.

Insight

The Southwest is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$419,965$236/SqFt
+$9,777
+2.4%

Based on all homes sold in the last 12 months

Insight

Homes in The Southwest have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in The Southwest was $419,965 in February 2025, up 2.4% from last year, and the median price per square foot was $236.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Southern Oaks
+9.9%
The Southwest
+2.4%
Seven Oaks at Grand Island
-0.7%
Seven Oaks
-2.2%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$145K$163.5K
+12.8%
2$269K$289.2K
+7.5%
3$370K$375.8K
+1.6%
4$449K$480.1K
+6.9%
5$499.9K$520K
+4.0%

Summary: The Southwest housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +12.8%. The home price for 2 bedroom homes increased by +7.5%. The home price for 3 bedroom homes increased by +1.6%. The home price for 4 bedroom homes increased by +6.9%. The home price for 5 bedroom homes increased by +4.0%.

How does The Southwest, CA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

The Southwest, CA

Housing supply in The Southwest, CA

How many homes are available in The Southwest, CA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
465Last MonthFeb 2025
3972 months agoJan 2025
+17.1 %
Change MoMJan – Feb

Summary: The The Southwest real estate market had 465 homes for sale in Feb 2025, a 17.1 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
89Last MonthFeb 2025
732 months agoJan 2025
+21.9 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
1811
+37.5%
26467
+4.7%
3152178
+17.1%
4131158
+20.6%
54251
+21.4%

Summary: The Southwest housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +37.5%. The inventory for 2 bedroom homes increased by +4.7%. The inventory for 3 bedroom homes increased by +17.1%. The inventory for 4 bedroom homes increased by +20.6%. The inventory for 5 bedroom homes increased by +21.4%.

Asking Price vs. Sold Price

How much do homes in The Southwest, CA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price29 Homes

At Asking Price26 Homes

Under Asking Price34 Homes

Insight

If you're buying a home in The Southwest, you may be able to get a good deal. 38.2% of homes here sold below asking price last month.

Summary: A total of 89 homes were sold or pending in The Southwest in February 2025, up by 21.9% month-over-month. Of the 89 sold homes, 38% were sold under asking, 29% were sold at asking, and and 33% were sold over asking.

Days on Market for The Southwest, CA

How long does it take to sell a home in The Southwest, CA?

Breakdown of Home Sale Times

Under 30 Days40 Homes

30 – 90 Days27 Homes

Over 90 Days22 Homes

Insight

Many homes in The Southwest are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 89 homes were sold in The Southwest; 45% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
53 DaysThis YearFeb 2025
51 Days1 year agoFeb 2024
+4.4 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in The Southwest had an average listing age of 53 days in Feb 2025, up by 4.4% compared to the previous year.

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Newest Listings in The Southwest, CA

What homes are available in The Southwest, CA?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from Golden Empire MLS, California Regional MLS, Greater Antelope Valley MLS, and Fresno Association of REALTORS® MLS for the period 03/01/2023 - 03/01/2025

Based on information from Golden Empire MLS, Inc. 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. Copyright 2025 Bakersfield Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 5:16:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX 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.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 5:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Based on information from the Greater Antelope Valley MLS. Information deemed reliable but not guaranteed.
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. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Properties may or may not be listed by the office/agent presenting the information. Copyright 2025 Greater Antelope Valley Association of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 5:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Based on information from the Fresno Association of REALTORS® (alternatively, from the Fresno MLS). 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. The information being provided is 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.

Copyright 2025 Fresno Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 5:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.