Bakersfield Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $234,925
    0% ( $25 ) vs Jun 2014
  • Median Sales Price
    $202,000
    1% ( $2,500 ) vs Jun 2014
  • Median Foreclosure Sales Price
    $165,000
    5% ( $8,600 ) vs Jun 2014
  • Foreclosures 1,325
    Homes for Sale 1,174
    Recently Sold 1,406

Market Summary

There are currently 1,325 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 1,174.

In July, the number of properties that received a foreclosure filing in Bakersfield, CA was 15% higher than the previous month and 10% lower than the same time last year.

Home sales for June 2015 were up 30% compared with the previous month, and down 8% compared with a year ago. The median sales price of a non-distressed home was $202,000. The median sales price of a foreclosure home was $165,000, or 18% lower than non-distressed home sales.

Sales Prices - Bakersfield, CA




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$165,000 (Median Foreclosure Sales Price) $156,400 (Median Foreclosure Sales Price) $147,900 (Median Foreclosure Sales Price) $143,700 (Median Foreclosure Sales Price) $155,000 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $202,000 (Median Sales Price) $199,500 (Median Sales Price) $185,000 (Median Sales Price) $183,000 (Median Sales Price) $185,000 (Median Sales Price) $185,000 (Median Sales Price) $165,000 (Median Foreclosure Sales Price) $156,400 (Median Foreclosure Sales Price) $147,900 (Median Foreclosure Sales Price) $143,700 (Median Foreclosure Sales Price) $155,000 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $202,000 (Median Sales Price) $199,500 (Median Sales Price) $185,000 (Median Sales Price) $183,000 (Median Sales Price) $185,000 (Median Sales Price) $185,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Taft
18
0.0
% (y-o-y)
$65,000
9.1
% (y-o-y)
Data not available
Wasco
12
50.0
% (y-o-y)
$155,000
14.8
% (y-o-y)
6.5%
0.0
% (y-o-y)
Shafter
11
8.3
% (y-o-y)
$150,000
25.5
% (y-o-y)
Data not available
Delano
9
43.8
% (y-o-y)
$162,000
17.8
% (y-o-y)
Data not available
Mc Farland
6
0.0
% (y-o-y)
$131,000
16.2
% (y-o-y)
Data not available
Arvin
5
28.6
% (y-o-y)
$122,500
2.9
% (y-o-y)
Data not available
Lamont
3
0.0
% (y-o-y)
$58,000
32.6
% (y-o-y)
Data not available
Buttonwillow
2
100.0
% (y-o-y)
Data not available
Data not available
Keene
2
100.0
% (y-o-y)
Data not available
Data not available
Fellows
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: 8.90%
Percentage of vacant homes: 7.80%