Bakersfield Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $210,000
    2% ( $5,000 ) vs Jan 2014
  • Median Sales Price
    $185,000
    0% ( $0 ) vs Jan 2014
  • Median Foreclosure Sales Price
    $160,000
    2% ( $3,500 ) vs Jan 2014
  • Foreclosures 1,387
    Homes for Sale 884
    Recently Sold 3,439

Market Summary

There are currently 1,387 properties in Bakersfield, CA that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 884.

In February, the number of properties that received a foreclosure filing in Bakersfield, CA was 3% higher than the previous month and 6% lower than the same time last year.

Home sales for January 2015 were down 24% compared with the previous month, and down 17% compared with a year ago. The median sales price of a non-distressed home was $185,000. The median sales price of a foreclosure home was $160,000, or 14% lower than non-distressed home sales.

Sales Prices - Bakersfield, CA




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$160,000 (Median Foreclosure Sales Price) $163,500 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $154,000 (Median Foreclosure Sales Price) $155,000 (Median Foreclosure Sales Price) $185,000 (Median Sales Price) $185,000 (Median Sales Price) $190,000 (Median Sales Price) $191,500 (Median Sales Price) $195,000 (Median Sales Price) $196,500 (Median Sales Price) $160,000 (Median Foreclosure Sales Price) $163,500 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $154,000 (Median Foreclosure Sales Price) $155,000 (Median Foreclosure Sales Price) $185,000 (Median Sales Price) $185,000 (Median Sales Price) $190,000 (Median Sales Price) $191,500 (Median Sales Price) $195,000 (Median Sales Price) $196,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Delano
13
40.9
% (y-o-y)
$148,500
18.8
% (y-o-y)
6.4%
4.0
% (y-o-y)
Taft
12
20.0
% (y-o-y)
$80,000
36.2
% (y-o-y)
18.8%
4.7
% (y-o-y)
Shafter
9
10.0
% (y-o-y)
$166,250
36.8
% (y-o-y)
Data not available
Arvin
8
166.7
% (y-o-y)
$85,000
20.0
% (y-o-y)
Data not available
Mc Farland
6
200.0
% (y-o-y)
$155,300
72.6
% (y-o-y)
Data not available
Wasco
5
28.6
% (y-o-y)
$158,500
7.8
% (y-o-y)
Data not available
Bodfish
5
16.7
% (y-o-y)
$61,000
21.8
% (y-o-y)
Data not available
Fellows
4
100.0
% (y-o-y)
Data not available
Data not available
Lamont
4
100.0
% (y-o-y)
$72,500
0.0
% (y-o-y)
Data not available
Maricopa
1
66.7
% (y-o-y)
Data not available
Data not available

Local Info For Bakersfield

Population:
331,868
Cost of Living Index: 109.56
Crime Index: 134.55     Rating: C+ View crime details
Schools: 138    Average School Rating: C View individual school rating
Household Median Income: $53,997
Unemployment: 6.60%
Percentage of vacant homes: 7.80%