Bakersfield Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $235,000
    0% ( $800 ) vs May 2015
  • Median Sales Price
    $207,500
    1% ( $2,500 ) vs May 2015
  • Median Foreclosure Sales Price
    $148,000
    0% ( $0 ) vs May 2015
  • Foreclosures 1,573
    Homes for Sale 1,060
    Recently Sold 2,777

Market Summary

There are currently 1,573 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 1,060.

In June, the number of properties that received a foreclosure filing in Bakersfield, CA was 37% higher than the previous month and 26% higher than the same time last year.

Home sales for May 2016 were down 38% compared with the previous month, and up 9% compared with a year ago. The median sales price of a non-distressed home was $207,500. The median sales price of a foreclosure home was $148,000, or 29% lower than non-distressed home sales.

Sales Prices - Bakersfield, CA




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$148,000 (Median Foreclosure Sales Price) $148,000 (Median Foreclosure Sales Price) $150,500 (Median Foreclosure Sales Price) $150,500 (Median Foreclosure Sales Price) $155,000 (Median Foreclosure Sales Price) $152,000 (Median Foreclosure Sales Price) $207,500 (Median Sales Price) $205,000 (Median Sales Price) $205,000 (Median Sales Price) $200,000 (Median Sales Price) $200,000 (Median Sales Price) $199,500 (Median Sales Price) $148,000 (Median Foreclosure Sales Price) $148,000 (Median Foreclosure Sales Price) $150,500 (Median Foreclosure Sales Price) $150,500 (Median Foreclosure Sales Price) $155,000 (Median Foreclosure Sales Price) $152,000 (Median Foreclosure Sales Price) $207,500 (Median Sales Price) $205,000 (Median Sales Price) $205,000 (Median Sales Price) $200,000 (Median Sales Price) $200,000 (Median Sales Price) $199,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Wasco
19
280.0
% (y-o-y)
$145,000
10.5
% (y-o-y)
Data not available
Taft
12
71.4
% (y-o-y)
$73,000
15.4
% (y-o-y)
17.8%
5.1
% (y-o-y)
Lamont
8
300.0
% (y-o-y)
$80,000
0.0
% (y-o-y)
Data not available
Delano
7
46.2
% (y-o-y)
$150,000
1.0
% (y-o-y)
Data not available
Arvin
6
50.0
% (y-o-y)
$160,000
0.0
% (y-o-y)
3.1%
0.0
% (y-o-y)
Mc Farland
4
100.0
% (y-o-y)
$153,500
0.0
% (y-o-y)
Data not available
Bodfish
3
200.0
% (y-o-y)
$89,250
0.0
% (y-o-y)
Data not available
Shafter
3
62.5
% (y-o-y)
$200,000
45.5
% (y-o-y)
Data not available
Posey
2
0.0
% (y-o-y)
Data not available
Data not available
Maricopa
1
50.0
% (y-o-y)
Data not available
Data not available

Local Info For Bakersfield

Population:
331,868
Cost of Living Index: 109.56
Crime Index: 117.68     Rating: B- View crime details
Schools: 138    Average School Rating: C View individual school rating
Household Median Income: $53,997
Unemployment: 8.60%
Percentage of vacant homes: 7.80%

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