Bakersfield Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $208,425
    4% ( $8,425 ) vs Feb 2013
  • Median Sales Price
    $180,000
    0% ( $0 ) vs Feb 2013
  • Median Foreclosure Sales Price
    $147,236
    5% ( $7,236 ) vs Feb 2013
  • Foreclosures 1,705
    Homes for Sale 615
    Recently Sold 5,177

Market Summary

There are currently 1,705 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 615.

In March, the number of properties that received a foreclosure filing in Bakersfield, CA was 15% lower than the previous month and 27% lower than the same time last year.

Home sales for February 2014 were down 5% compared with the previous month, and down 8% compared with a year ago. The median sales price of a non-distressed home was $180,000. The median sales price of a foreclosure home was $147,236, or 18% lower than non-distressed home sales.

Sales Prices - Bakersfield, CA




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$147,236 (Median Foreclosure Sales Price) $140,000 (Median Foreclosure Sales Price) $152,000 (Median Foreclosure Sales Price) $145,500 (Median Foreclosure Sales Price) $155,533 (Median Foreclosure Sales Price) $157,424 (Median Foreclosure Sales Price) $180,000 (Median Sales Price) $180,000 (Median Sales Price) $178,000 (Median Sales Price) $178,000 (Median Sales Price) $179,000 (Median Sales Price) $180,000 (Median Sales Price) $147,236 (Median Foreclosure Sales Price) $140,000 (Median Foreclosure Sales Price) $152,000 (Median Foreclosure Sales Price) $145,500 (Median Foreclosure Sales Price) $155,533 (Median Foreclosure Sales Price) $157,424 (Median Foreclosure Sales Price) $180,000 (Median Sales Price) $180,000 (Median Sales Price) $178,000 (Median Sales Price) $178,000 (Median Sales Price) $179,000 (Median Sales Price) $180,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Taft
21
12.5
% (y-o-y)
$71,550
88.3
% (y-o-y)
24.2%
76.3
% (y-o-y)
Delano
20
25.9
% (y-o-y)
$118,000
8.5
% (y-o-y)
Data not available
Arvin
9
80.0
% (y-o-y)
$112,000
6.7
% (y-o-y)
12.5%
20.0
% (y-o-y)
Wasco
9
69.0
% (y-o-y)
$120,100
26.8
% (y-o-y)
8.4%
37.2
% (y-o-y)
Lamont
5
54.5
% (y-o-y)
Data not available
Data not available
Shafter
5
61.5
% (y-o-y)
$148,000
31.6
% (y-o-y)
Data not available
Keene
4
0.0
% (y-o-y)
Data not available
Data not available
Mc Farland
2
83.3
% (y-o-y)
Data not available
Data not available
Bodfish
1
80.0
% (y-o-y)
$49,500
33.8
% (y-o-y)
Data not available
Buttonwillow
1
80.0
% (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: 7.10%
Percentage of vacant homes: 7.80%