Bakersfield Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $234,900
    2% ( $5,000 ) vs Apr 2015
  • Median Sales Price
    $205,000
    0% ( $0 ) vs Apr 2015
  • Median Foreclosure Sales Price
    $148,000
    2% ( $2,500 ) vs Apr 2015
  • Foreclosures 1,548
    Homes for Sale 1,049
    Recently Sold 3,162

Market Summary

There are currently 1,548 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 1,049.

In May, the number of properties that received a foreclosure filing in Bakersfield, CA was 21% lower than the previous month and 27% lower than the same time last year.

Home sales for April 2016 were up 6% compared with the previous month, and up 161% compared with a year ago. The median sales price of a non-distressed home was $205,000. The median sales price of a foreclosure home was $148,000, or 28% lower than non-distressed home sales.

Sales Prices - Bakersfield, CA




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$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) $151,250 (Median Foreclosure 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) $197,500 (Median 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) $151,250 (Median Foreclosure 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) $197,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Taft
17
112.5
% (y-o-y)
$90,000
9.1
% (y-o-y)
30.0%
18.8
% (y-o-y)
Delano
16
60.0
% (y-o-y)
$158,500
1.1
% (y-o-y)
3.0%
4.3
% (y-o-y)
Wasco
11
37.5
% (y-o-y)
$140,000
18.6
% (y-o-y)
Data not available
Shafter
11
120.0
% (y-o-y)
$200,000
60.0
% (y-o-y)
Data not available
Bodfish
8
300.0
% (y-o-y)
$89,250
117.7
% (y-o-y)
Data not available
Mc Farland
5
0.0
% (y-o-y)
$152,000
0.0
% (y-o-y)
Data not available
Lamont
4
20.0
% (y-o-y)
$77,500
0.0
% (y-o-y)
Data not available
Arvin
3
200.0
% (y-o-y)
$202,000
0.0
% (y-o-y)
14.9%
0.0
% (y-o-y)
California Hot Springs
2
0.0
% (y-o-y)
Data not available
Data not available
Posey
2
0.0
% (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: 9.50%
Percentage of vacant homes: 7.80%

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