93240 — Kern County, California Market Snapshot
Housing market data for zip code 93240 in Kern County, California. Updated monthly with median prices, days on market, and more.
Market Sales Data
14 sales in 2026 (year to date)
Median Sale Price
$212,500
Days to Sell
76
Homes Sold
14
Inventory
35
Sale-to-List
97.0%
New Listings
31
Price/SqFt
$164
Pending Sales
24
Conforming Loan Available
Most homebuyers in 93240 can comfortably use conventional financing. The median home price of $212,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 76 days on average, 93240 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
The average home in 93240 sells for 3.0% below asking price (97.0% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 93240 can comfortably use conventional financing. The median home price of $212,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 93240 are set at the county level.
2026 Loan Limits — Kern County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 93240
To purchase the median home at $212,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,778.
Monthly Payment
$1,778
Income Required
$76,205
Principal & Interest
$1,309/mo
Down Payment (5%)
$10,625
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 93240.
Estimated Monthly Payment
$1,465
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