Bakersfield Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $209,450
    0% ( $550 ) vs Nov 2013
  • Median Sales Price
    $190,000
    1% ( $2,000 ) vs Nov 2013
  • Median Foreclosure Sales Price
    $160,000
    2% ( $2,500 ) vs Nov 2013
  • Foreclosures 1,478
    Homes for Sale 763
    Recently Sold 4,504

Market Summary

There are currently 1,478 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 763.

In December, the number of properties that received a foreclosure filing in Bakersfield, CA was 29% higher than the previous month and 22% lower than the same time last year.

Home sales for November 2014 were down 33% compared with the previous month, and down 18% 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 $160,000, or 16% lower than non-distressed home sales.

Sales Prices - Bakersfield, CA




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$160,000 (Median Foreclosure 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) $190,000 (Median 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) $160,000 (Median Foreclosure 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) $190,000 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Delano
19
5.0
% (y-o-y)
$160,000
21.7
% (y-o-y)
5.9%
3.4
% (y-o-y)
Taft
17
0.0
% (y-o-y)
$95,000
57.0
% (y-o-y)
40.5%
24.8
% (y-o-y)
Wasco
16
45.5
% (y-o-y)
$152,000
1.3
% (y-o-y)
12.5%
14.5
% (y-o-y)
Mc Farland
6
20.0
% (y-o-y)
$122,000
15.9
% (y-o-y)
Data not available
Lamont
5
150.0
% (y-o-y)
$70,000
6.7
% (y-o-y)
Data not available
Shafter
5
70.6
% (y-o-y)
$164,500
53.7
% (y-o-y)
31.3%
52.8
% (y-o-y)
Posey
3
0.0
% (y-o-y)
$119,000
17.9
% (y-o-y)
Data not available
Arvin
3
57.1
% (y-o-y)
$145,000
52.6
% (y-o-y)
Data not available
Buttonwillow
2
33.3
% (y-o-y)
Data not available
Data not available
California Hot Springs
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: 6.60%
Percentage of vacant homes: 7.80%