Bakersfield Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $229,900
    0% ( $0 ) vs Mar 2015
  • Median Sales Price
    $205,000
    3% ( $5,000 ) vs Mar 2015
  • Median Foreclosure Sales Price
    $150,500
    0% ( $0 ) vs Mar 2015
  • Foreclosures 1,502
    Homes for Sale 1,015
    Recently Sold 3,637

Market Summary

There are currently 1,502 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 1,015.

In April, the number of properties that received a foreclosure filing in Bakersfield, CA was 4% lower than the previous month and 6% higher than the same time last year.

Home sales for March 2016 were up 33% compared with the previous month, and up 321% 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 $150,500, or 27% lower than non-distressed home sales.

Sales Prices - Bakersfield, CA




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$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) $156,986 (Median Foreclosure 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) $150,500 (Median 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) $156,986 (Median Foreclosure 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) $150,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Taft
30
172.7
% (y-o-y)
$91,000
8.3
% (y-o-y)
20.9%
8.3
% (y-o-y)
Delano
25
257.1
% (y-o-y)
$170,000
21.4
% (y-o-y)
9.6%
0.4
% (y-o-y)
Shafter
11
120.0
% (y-o-y)
$200,000
31.1
% (y-o-y)
Data not available
Lamont
9
800.0
% (y-o-y)
$82,750
3.4
% (y-o-y)
Data not available
Wasco
9
10.0
% (y-o-y)
$159,000
7.6
% (y-o-y)
10.3%
20.5
% (y-o-y)
Arvin
7
600.0
% (y-o-y)
$180,500
0.0
% (y-o-y)
Data not available
Mc Farland
5
150.0
% (y-o-y)
$160,000
3.0
% (y-o-y)
Data not available
Maricopa
2
0.0
% (y-o-y)
Data not available
Data not available
Bodfish
1
0.0
% (y-o-y)
Data not available
Data not available
Buttonwillow
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: 117.68     Rating: B- View crime details
Schools: 138    Average School Rating: C View individual school rating
Household Median Income: $53,997
Unemployment: 10.40%
Percentage of vacant homes: 7.80%

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