Bakersfield Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $235,000
    4% ( $9,660 ) vs Apr 2014
  • Median Sales Price
    $185,000
    1% ( $2,000 ) vs Apr 2014
  • Median Foreclosure Sales Price
    $147,900
    3% ( $4,200 ) vs Apr 2014
  • Foreclosures 1,284
    Homes for Sale 1,121
    Recently Sold 2,052

Market Summary

There are currently 1,284 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 1,121.

In May, the number of properties that received a foreclosure filing in Bakersfield, CA was 15% higher than the previous month and 1% higher than the same time last year.

Home sales for April 2015 were up 70% compared with the previous month, and down 56% 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 $147,900, or 20% lower than non-distressed home sales.

Sales Prices - Bakersfield, CA




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$147,900 (Median Foreclosure Sales Price) $143,700 (Median Foreclosure Sales Price) $155,000 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $163,500 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $185,000 (Median Sales Price) $183,000 (Median Sales Price) $185,000 (Median Sales Price) $185,000 (Median Sales Price) $185,000 (Median Sales Price) $190,000 (Median Sales Price) $147,900 (Median Foreclosure Sales Price) $143,700 (Median Foreclosure Sales Price) $155,000 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $163,500 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $185,000 (Median Sales Price) $183,000 (Median Sales Price) $185,000 (Median Sales Price) $185,000 (Median Sales Price) $185,000 (Median Sales Price) $190,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Delano
10
50.0
% (y-o-y)
$156,750
22.9
% (y-o-y)
Data not available
Taft
8
57.9
% (y-o-y)
$82,500
6.3
% (y-o-y)
18.8%
31.5
% (y-o-y)
Wasco
8
60.0
% (y-o-y)
$172,000
32.3
% (y-o-y)
20.5%
7.3
% (y-o-y)
Lamont
5
28.6
% (y-o-y)
Data not available
Data not available
Shafter
5
28.6
% (y-o-y)
$125,000
13.8
% (y-o-y)
Data not available
Maricopa
3
0.0
% (y-o-y)
Data not available
Data not available
Keene
3
0.0
% (y-o-y)
Data not available
Data not available
Bodfish
2
60.0
% (y-o-y)
$41,000
20.6
% (y-o-y)
Data not available
Arvin
1
92.9
% (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: 9.20%
Percentage of vacant homes: 7.80%