Bakersfield Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $228,900
    5% ( $9,900 ) vs Mar 2014
  • Median Sales Price
    $183,000
    1% ( $2,000 ) vs Mar 2014
  • Median Foreclosure Sales Price
    $143,700
    7% ( $11,300 ) vs Mar 2014
  • Foreclosures 1,333
    Homes for Sale 1,005
    Recently Sold 2,574

Market Summary

There are currently 1,333 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 1,005.

In April, the number of properties that received a foreclosure filing in Bakersfield, CA was 15% lower than the previous month and 18% lower than the same time last year.

Home sales for March 2015 were down 61% compared with the previous month, and down 77% compared with a year ago. The median sales price of a non-distressed home was $183,000. The median sales price of a foreclosure home was $143,700, or 21% lower than non-distressed home sales.

Sales Prices - Bakersfield, CA




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$143,700 (Median Foreclosure Sales Price) $155,000 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $163,500 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $183,000 (Median Sales Price) $185,000 (Median Sales Price) $185,000 (Median Sales Price) $185,000 (Median Sales Price) $190,000 (Median Sales Price) $191,500 (Median Sales Price) $143,700 (Median Foreclosure Sales Price) $155,000 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $163,500 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $183,000 (Median Sales Price) $185,000 (Median Sales Price) $185,000 (Median Sales Price) $185,000 (Median Sales Price) $190,000 (Median Sales Price) $191,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Taft
11
50.0
% (y-o-y)
$84,000
4.0
% (y-o-y)
8.3%
36.6
% (y-o-y)
Wasco
10
44.4
% (y-o-y)
$172,000
35.2
% (y-o-y)
20.5%
5.3
% (y-o-y)
Delano
7
61.1
% (y-o-y)
$140,000
21.7
% (y-o-y)
0.4%
21.7
% (y-o-y)
Shafter
5
70.6
% (y-o-y)
$152,500
1.7
% (y-o-y)
12.0%
14.8
% (y-o-y)
Mc Farland
2
75.0
% (y-o-y)
$165,000
22.2
% (y-o-y)
Data not available
Lamont
1
88.9
% (y-o-y)
$80,000
23.1
% (y-o-y)
Data not available
Arvin
1
90.9
% (y-o-y)
Data not available
Data not available
Bodfish
1
50.0
% (y-o-y)
$55,000
22.2
% (y-o-y)
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: 9.90%
Percentage of vacant homes: 7.80%