Bakersfield Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $210,000
    2% ( $5,000 ) vs Oct 2013
  • Median Sales Price
    $192,000
    2% ( $3,000 ) vs Oct 2013
  • Median Foreclosure Sales Price
    $157,500
    5% ( $7,500 ) vs Oct 2013
  • Foreclosures 1,491
    Homes for Sale 806
    Recently Sold 5,218

Market Summary

There are currently 1,491 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 806.

In November, the number of properties that received a foreclosure filing in Bakersfield, CA was 40% lower than the previous month and 35% lower than the same time last year.

Home sales for October 2014 were up 19% compared with the previous month, and up 42% compared with a year ago. The median sales price of a non-distressed home was $192,000. The median sales price of a foreclosure home was $157,500, or 18% lower than non-distressed home sales.

Sales Prices - Bakersfield, CA




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$157,500 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $155,000 (Median Foreclosure Sales Price) $157,750 (Median Foreclosure Sales Price) $152,000 (Median Foreclosure Sales Price) $148,000 (Median Foreclosure Sales Price) $192,000 (Median Sales Price) $195,000 (Median Sales Price) $196,750 (Median Sales Price) $193,000 (Median Sales Price) $190,000 (Median Sales Price) $181,250 (Median 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) $152,000 (Median Foreclosure Sales Price) $148,000 (Median Foreclosure Sales Price) $192,000 (Median Sales Price) $195,000 (Median Sales Price) $196,750 (Median Sales Price) $193,000 (Median Sales Price) $190,000 (Median Sales Price) $181,250 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Taft
25
25.0
% (y-o-y)
$119,250
40.3
% (y-o-y)
49.9%
23.2
% (y-o-y)
Delano
22
4.3
% (y-o-y)
$168,000
37.1
% (y-o-y)
19.0%
3.7
% (y-o-y)
Wasco
17
30.8
% (y-o-y)
$160,000
10.3
% (y-o-y)
18.8%
18.4
% (y-o-y)
Arvin
14
250.0
% (y-o-y)
$151,500
68.3
% (y-o-y)
Data not available
Shafter
12
25.0
% (y-o-y)
$150,000
20.0
% (y-o-y)
24.7%
36.0
% (y-o-y)
Mc Farland
9
12.5
% (y-o-y)
$117,500
18.1
% (y-o-y)
Data not available
Lamont
6
33.3
% (y-o-y)
$50,000
36.7
% (y-o-y)
Data not available
Bodfish
4
20.0
% (y-o-y)
$51,750
15.9
% (y-o-y)
Data not available
Buttonwillow
3
0.0
% (y-o-y)
Data not available
Data not available
Maricopa
2
100.0
% (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: 6.20%
Percentage of vacant homes: 7.80%