With a median housing price of $286,000, Bakersfield is ranked as the most affordable metro housing market in California. Bakersfield is unique in that it offers a wide array of housing options, from starter homes priced in the mid $200,000 to executive level housing priced up to the $1,000,000 range. From established downtown neighborhoods which are over 100 years old to master planned gated communities with championship golf, Bakersfield has it all.