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Jeb Smithis a real estate broker, YouTuber and podcaster at Real Brokerage, LLC.
Youll likely see cities like Bakersfield, Fresno and Modesto with a lower cost of living.
These areas already have more affordable housing and could benefit from increased inventory and local job growth.
Heres what you should know about each of these cities.
Also, learn about thetop 10 real estate markets in California.
Bakersfield
Bakersfield is around 110 miles away from Los Angeles.
The city has the Kern County Brewery and Wine Trails, raceways and plenty of outdoor activities.
The average home price in Bakersfield is $389,444.
The state has been attracting new people, but its growth rate is decelerating.
Its still a healthy growth rate, but a lower growth rate can keep prices stable.
Another advantage in Bakersfields favor is that its away from coastal areas.
Aspiring home buyers dont have to worry about beachfront homes inflating the prices of other homes.
Then, properties near the beach also get more expensive, even if they arent beachfront homes.
The city also has lower costs for essential expenses like groceries and transportation compared to Californias coastal cities.
Those lower costs make it easier to keep up with the mortgage payments.
The average home value is $382,320.
The citys population increases by an estimated 0.18% each year, according toWorld Population Review.
Slow population growth can result in lower housing prices.
At the same time, the city is already well populated, with around 803,000 people as of 2024.
There are also hiking trails and campgrounds for outdoor enthusiasts.
Fresno is about 220 miles away from Los Angeles and 190 miles from San Francisco.
Modesto
Modesto offers a vibrant downturn that is a reasonable drive from San Francisco.
The city has 218,989 residents as of 2024, which is a slight increase from 2023.
Modesto is close enough to San Francisco to make a hybrid job feasible around 90 miles.
The city has historic museums and plenty of activities for kids.
Manufacturing is one of the top components of Modestos economy.
Modesto is also a national center for food and beverage production.
E&J Gallo, the worlds largest winery franchise, has its headquarters located in Modesto.
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