Bakersfield Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $224,000
    0% ( $0 ) vs Aug 2013
  • Median Sales Price
    $196,750
    2% ( $3,750 ) vs Aug 2013
  • Median Foreclosure Sales Price
    $154,800
    2% ( $2,950 ) vs Aug 2013
  • Foreclosures 1,680
    Homes for Sale 893
    Recently Sold 5,105

Market Summary

There are currently 1,680 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 893.

In September, the number of properties that received a foreclosure filing in Bakersfield, CA was 21% lower than the previous month and 19% lower than the same time last year.

Home sales for August 2014 were up 33% compared with the previous month, and up 15% compared with a year ago. The median sales price of a non-distressed home was $196,750. The median sales price of a foreclosure home was $154,800, or 21% lower than non-distressed home sales.

Sales Prices - Bakersfield, CA




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$154,800 (Median Foreclosure Sales Price) $157,750 (Median Foreclosure Sales Price) $152,000 (Median Foreclosure Sales Price) $148,000 (Median Foreclosure Sales Price) $149,530 (Median Foreclosure Sales Price) $144,000 (Median Foreclosure Sales Price) $196,750 (Median Sales Price) $193,000 (Median Sales Price) $190,000 (Median Sales Price) $181,250 (Median Sales Price) $180,000 (Median Sales Price) $178,000 (Median Sales Price) $154,800 (Median Foreclosure Sales Price) $157,750 (Median Foreclosure Sales Price) $152,000 (Median Foreclosure Sales Price) $148,000 (Median Foreclosure Sales Price) $149,530 (Median Foreclosure Sales Price) $144,000 (Median Foreclosure Sales Price) $196,750 (Median Sales Price) $193,000 (Median Sales Price) $190,000 (Median Sales Price) $181,250 (Median Sales Price) $180,000 (Median Sales Price) $178,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Delano
17
39.3
% (y-o-y)
$145,000
8.0
% (y-o-y)
2.1%
4.7
% (y-o-y)
Taft
16
62.8
% (y-o-y)
$100,000
33.3
% (y-o-y)
Data not available
Wasco
9
35.7
% (y-o-y)
$160,000
8.6
% (y-o-y)
Data not available
Shafter
6
57.1
% (y-o-y)
$131,000
17.2
% (y-o-y)
Data not available
Arvin
5
58.3
% (y-o-y)
$110,000
22.2
% (y-o-y)
Data not available
Bodfish
3
25.0
% (y-o-y)
$53,500
43.7
% (y-o-y)
Data not available
Lamont
3
50.0
% (y-o-y)
Data not available
Data not available
Mc Farland
2
0.0
% (y-o-y)
$120,000
1.6
% (y-o-y)
Data not available
Posey
2
100.0
% (y-o-y)
Data not available
Data not available
Maricopa
1
0.0
% (y-o-y)
$145,000
0.0
% (y-o-y)
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: 6.50%
Percentage of vacant homes: 7.80%