Kern County, California Housing Market
In Kern County, California, the median home value is $338,300, with a median monthly rent of $1,300. This places Kern County at #464 nationally out of 3134 counties by median home value, and #48 within California.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,104
- Establishments: 27,940
- BLS QCEW, 2025
Housing Supply
- Single-family: 2,793
- Multi-family: 366
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 323,343 (avg $64,910)
- Outflow: 317,757 (avg $65,345)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Kern County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 93285 | 243.4 | -8.33% | 2025 |
| 2 | 93241 | 368.9 | +9.90% | 2025 |
| 3 | 93203 | 328.9 | +4.61% | 2025 |
| 4 | 93268 | 315.5 | -5.13% | 2025 |
| 5 | 93280 | 403.1 | +9.66% | 2025 |
| 6 | 93240 | 273.9 | -5.56% | 2025 |
| 7 | 93304 | 414.6 | +4.69% | 2025 |
| 8 | 93307 | 395.6 | +2.92% | 2025 |
| 9 | 93308 | 336.2 | -0.55% | 2025 |
| 10 | 93306 | 339.8 | +5.68% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Kern County Compares
| Metric | Kern County | California Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $338,300 | $609,221 | $227,706 |
| Median Gross Rent | $1,300 | $1,690 | $968 |
| Owner Occupancy Rate | 60.1% | 63.4% | 73.3% |
| Price/Rent Ratio | 21.7 | 28.5 | 18.7 |
Market Analysis
The median home value in Kern County is 44.5% below the California state average and 48.6% above the U.S. national average. The median rent of $1,300/month is 23.1% below the state average.
With a price-to-rent ratio of 21.7, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Kern County has an owner-occupancy rate of 60.1%, compared to 63.4% in California and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Morgan County | Colorado | $338,600 | $1,025 |
| Twin Falls County | Idaho | $337,900 | $1,089 |
| Cheatham County | Tennessee | $338,700 | $1,345 |
| Coos County | Oregon | $337,800 | $1,042 |
| Trousdale County | Tennessee | $337,600 | $853 |
Other Counties in California
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Tehama County | $339,600 | $1,184 | 67.1% |
| Del Norte County | $342,000 | $1,233 | 70.1% |
| Tulare County | $330,100 | $1,280 | 58.5% |
| Inyo County | $348,700 | $1,189 | 66.4% |
| Trinity County | $325,800 | $1,073 | 71.7% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).