Bakersfield Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $215,000
    4% ( $8,900 ) vs Sep 2013
  • Median Sales Price
    $195,000
    1% ( $1,750 ) vs Sep 2013
  • Median Foreclosure Sales Price
    $150,000
    3% ( $5,000 ) vs Sep 2013
  • Foreclosures 1,416
    Homes for Sale 870
    Recently Sold 5,484

Market Summary

There are currently 1,416 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 870.

In October, the number of properties that received a foreclosure filing in Bakersfield, CA was 20% higher than the previous month and 15% higher than the same time last year.

Home sales for September 2014 were down 20% compared with the previous month, and down 12% compared with a year ago. The median sales price of a non-distressed home was $195,000. The median sales price of a foreclosure home was $150,000, or 23% lower than non-distressed home sales.

Sales Prices - Bakersfield, CA




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$150,000 (Median Foreclosure Sales Price) $155,000 (Median Foreclosure Sales Price) $157,750 (Median Foreclosure Sales Price) $152,000 (Median Foreclosure Sales Price) $148,000 (Median Foreclosure Sales Price) $149,530 (Median Foreclosure Sales Price) $195,000 (Median Sales Price) $196,750 (Median Sales Price) $193,000 (Median Sales Price) $190,000 (Median Sales Price) $181,250 (Median Sales Price) $180,000 (Median Sales Price) $150,000 (Median Foreclosure Sales Price) $155,000 (Median Foreclosure Sales Price) $157,750 (Median Foreclosure Sales Price) $152,000 (Median Foreclosure Sales Price) $148,000 (Median Foreclosure Sales Price) $149,530 (Median Foreclosure Sales Price) $195,000 (Median Sales Price) $196,750 (Median Sales Price) $193,000 (Median Sales Price) $190,000 (Median Sales Price) $181,250 (Median Sales Price) $180,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Delano
20
81.8
% (y-o-y)
$165,000
34.7
% (y-o-y)
22.6%
9.1
% (y-o-y)
Taft
16
15.8
% (y-o-y)
$95,000
26.7
% (y-o-y)
Data not available
Shafter
12
20.0
% (y-o-y)
$142,500
3.6
% (y-o-y)
13.0%
4.7
% (y-o-y)
Bodfish
6
20.0
% (y-o-y)
$75,750
8.2
% (y-o-y)
Data not available
Lamont
5
66.7
% (y-o-y)
$85,000
10.4
% (y-o-y)
Data not available
Arvin
4
55.6
% (y-o-y)
$146,500
54.2
% (y-o-y)
3.4%
23.2
% (y-o-y)
Wasco
4
76.5
% (y-o-y)
$172,500
9.9
% (y-o-y)
Data not available
Mc Farland
4
0.0
% (y-o-y)
$129,000
22.6
% (y-o-y)
Data not available
Posey
4
100.0
% (y-o-y)
Data not available
Data not available
Keene
3
200.0
% (y-o-y)
Data not available
Data not available

Local Info For Bakersfield

Population:
331,868
Cost of Living Index: 109.56
Crime Index: 179.16     Rating: C View crime details
Schools: 138    Average School Rating: C View individual school rating
Household Median Income: $53,997
Unemployment: 6.10%
Percentage of vacant homes: 7.80%