Bakersfield, CA

Population: 368,759
Average annual home appreciation rate: 3.67%
Total of homes for sale in this market: 1,063
Median home price: $240,531
Median Rent: $1,117
Home price range: 41.49% of homes are between $134,001 – $268,000
Median sales price: $200,000
Number of homes: 1,533
Median foreclosure sales price: $152,000
Foreclosure discount: 24%
Most common home type: 71.05% of homes are single family detached
Number of vacant homes: 7.21%
Number of renters: 42.82%
Number of owner occupied: 57.18%
Number people living below poverty level: 20.44%
Unemployment rate: 7.90%
Is this area perfect for real estate deals going on right now?

Leave a Reply

Your email address will not be published. Required fields are marked *