Bakersfield Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $225,000
    0% ( $0 ) vs Jun 2013
  • Median Sales Price
    $190,000
    5% ( $8,750 ) vs Jun 2013
  • Median Foreclosure Sales Price
    $152,000
    3% ( $4,000 ) vs Jun 2013
  • Foreclosures 1,651
    Homes for Sale 892
    Recently Sold 4,977

Market Summary

There are currently 1,651 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 892.

In July, the number of properties that received a foreclosure filing in Bakersfield, CA was 1% higher than the previous month and 6% higher than the same time last year.

Home sales for June 2014 were down 29% compared with the previous month, and down 32% compared with a year ago. The median sales price of a non-distressed home was $190,000. The median sales price of a foreclosure home was $152,000, or 20% lower than non-distressed home sales.

Sales Prices - Bakersfield, CA




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$152,000 (Median Foreclosure Sales Price) $148,000 (Median Foreclosure Sales Price) $149,530 (Median Foreclosure Sales Price) $144,000 (Median Foreclosure Sales Price) $147,236 (Median Foreclosure Sales Price) $140,000 (Median Foreclosure Sales Price) $190,000 (Median Sales Price) $181,250 (Median Sales Price) $180,000 (Median Sales Price) $178,000 (Median Sales Price) $180,000 (Median Sales Price) $180,000 (Median 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) $147,236 (Median Foreclosure Sales Price) $140,000 (Median Foreclosure Sales Price) $190,000 (Median Sales Price) $181,250 (Median Sales Price) $180,000 (Median Sales Price) $178,000 (Median Sales Price) $180,000 (Median Sales Price) $180,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Taft
18
18.2
% (y-o-y)
$77,000
22.2
% (y-o-y)
3.6%
13.5
% (y-o-y)
Delano
16
33.3
% (y-o-y)
$135,000
2.7
% (y-o-y)
Data not available
Shafter
12
70.0
% (y-o-y)
$117,000
13.3
% (y-o-y)
Data not available
Wasco
8
76.5
% (y-o-y)
$135,000
6.9
% (y-o-y)
Data not available
Arvin
7
40.0
% (y-o-y)
$122,000
3.8
% (y-o-y)
Data not available
Mc Farland
6
20.0
% (y-o-y)
$156,250
21.1
% (y-o-y)
35.4%
0.0
% (y-o-y)
Lamont
3
50.0
% (y-o-y)
$55,000
27.6
% (y-o-y)
Data not available
Maricopa
3
40.0
% (y-o-y)
$222,500
0.0
% (y-o-y)
Data not available
Bodfish
2
60.0
% (y-o-y)
$52,500
35.4
% (y-o-y)
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: 179.16     Rating: C View crime details
Schools: 138    Average School Rating: C View individual school rating
Household Median Income: $53,997
Unemployment: 7.10%
Percentage of vacant homes: 7.80%