Why Live in Olive Drive Area
Olive Drive Area is an unincorporated suburb located 5 miles northwest of downtown Bakersfield. Originally developed by agricultural workers, the neighborhood has seen an influx of logistics workers due to its proximity to major freeways and farms. Despite lacking city services, the Kern County Fire Department provides quick emergency response, and residents benefit from lower taxes and fewer regulations. Homes in Olive Drive Area rely on septic systems rather than city water. Housing styles vary, with smaller ranch-style homes and larger Craftsman builds, as well as luxury Mediterranean-influenced homes in gated communities like Palm Tree Circle and Iron Oak Estates. The neighborhood features private driveways, attached garages, and spacious lots, many with pools or large backyards. Educational options include Olive Drive Elementary, Norris Middle School, and highly-rated Centennial High School, known for its Career Technical Education program. Local amenities include Fruitvale Norris Park, which offers baseball and softball diamonds, tennis and basketball courts, and playgrounds. Dining options are concentrated near Highway 99, with popular spots like Milt’s Diner and Mr. Avocado’s Mexican Asada Grill. Residents can shop at Albertsons or the nearby RiverLakes Galleria. Golf enthusiasts frequent The Links at Riverlakes Ranch, a public course located 2 miles southwest. While the area experiences low air quality and extreme summer heat, its location provides easy access to downtown Bakersfield, Los Angeles, and the Bakersfield Meadows Field Airport.
Home Trends in Olive Drive Area, CA
On average, homes in Olive Drive Area, Bakersfield sell after 33 days on the market compared to the national average of 52 days. The median sale price for homes in Olive Drive Area, Bakersfield over the last 12 months is $435,000, up 1% from the median home sale price over the previous 12 months.
Median Sale Price
$435,000
Median Single Family Sale Price
$450,000
Median Townhouse Sale Price
$385,000
Median 2 Bedroom Sale Price
$220,500
Average Price Per Sq Ft
$242
Number of Homes for Sale
35
Last 12 months Home Sales
90
Median List Price
$450,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%