Bakersfield Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $205,000
    2% ( $3,950 ) vs Dec 2013
  • Median Sales Price
    $185,500
    2% ( $4,500 ) vs Dec 2013
  • Median Foreclosure Sales Price
    $163,000
    2% ( $3,000 ) vs Dec 2013
  • Foreclosures 1,402
    Homes for Sale 751
    Recently Sold 3,687

Market Summary

There are currently 1,402 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 751.

In January, the number of properties that received a foreclosure filing in Bakersfield, CA was 29% higher than the previous month and 5% higher than the same time last year.

Home sales for December 2014 were down 91% compared with the previous month, and down 92% compared with a year ago. The median sales price of a non-distressed home was $185,500. The median sales price of a foreclosure home was $163,000, or 12% lower than non-distressed home sales.

Sales Prices - Bakersfield, CA




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$163,000 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $157,500 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $155,000 (Median Foreclosure Sales Price) $157,750 (Median Foreclosure Sales Price) $185,500 (Median Sales Price) $190,000 (Median Sales Price) $192,000 (Median Sales Price) $195,000 (Median Sales Price) $196,750 (Median Sales Price) $193,000 (Median Sales Price) $163,000 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $157,500 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $155,000 (Median Foreclosure Sales Price) $157,750 (Median Foreclosure Sales Price) $185,500 (Median Sales Price) $190,000 (Median Sales Price) $192,000 (Median Sales Price) $195,000 (Median Sales Price) $196,750 (Median Sales Price) $193,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Delano
4
85.7
% (y-o-y)
$158,000
23.7
% (y-o-y)
Data not available
Taft
4
83.3
% (y-o-y)
$122,000
87.7
% (y-o-y)
56.6%
10.0
% (y-o-y)
Mc Farland
3
50.0
% (y-o-y)
$117,500
10.8
% (y-o-y)
Data not available
Arvin
2
66.7
% (y-o-y)
$155,500
44.7
% (y-o-y)
Data not available
Wasco
2
85.7
% (y-o-y)
$149,000
4.6
% (y-o-y)
7.7%
20.5
% (y-o-y)
Buttonwillow
1
50.0
% (y-o-y)
Data not available
Data not available
Fellows
1
0.0
% (y-o-y)
Data not available
Data not available
Lamont
1
66.7
% (y-o-y)
$45,000
53.4
% (y-o-y)
Data not available
Shafter
1
85.7
% (y-o-y)
$177,500
46.1
% (y-o-y)
33.0%
12.8
% (y-o-y)
Tupman
1
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: 134.55     Rating: C+ View crime details
Schools: 138    Average School Rating: C View individual school rating
Household Median Income: $53,997
Unemployment: 6.60%
Percentage of vacant homes: 7.80%