Home Values

Kern County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$171,400

  • 6.9% 1-year change
  • 7.0% 1-year forecast

The median home value in Kern County is $171,400. Kern County home values have gone up 6.9% over the past year and Zillow predicts they will rise 7.0% within the next year. The median list price per square foot in Kern County is $124, which is the same as the Bakersfield Metro average of $124. The median price of homes currently listed in Kern County is $210,000 while the median price of homes that sold is $187,200. The median rent price in Kern County is $975, which is the same as the Bakersfield Metro median of $975.

Foreclosures will be a factor impacting home values in the next several years. In Kern County 5.5 homes are foreclosed (per 10,000). This is the same as the Bakersfield Metro value of 5.5 and also greater than the national value of 3.9

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Kern County is 4.3%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Kern County homeowners underwater on their mortgage is 25.1%, which is the same as Bakersfield Metro at 25.1%.

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Relative ZHVI
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Kern County Market Overview

Data through Feb 28, 2015
  • $171,400 ZHVI
  • 7.0% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Feb 29, 2016)
  • $210,000 Median listing price
  • $187,200 Median sale price
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Kern County Market Health

Data through Feb 28, 2015
  • 4.0/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 25.1% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 4.3% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

5.5 homes Kern County
5.5 homes Bakersfield Metro
3.9 homes United States
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Cities in Kern County

Name Median ZHVI
Rosedale $386,700
Tehachapi $206,400
Bakersfield $189,500
Name Median ZHVI
Kernville $177,300
Wofford Heights $143,800
Lake Isabella $121,800
Name Median ZHVI
Arvin $116,600
Oildale $113,600
Lamont $86,900

Listings & Sales

Data through Feb 28, 2015
  • $124 Median list price / sq ft
  • $119 Median sale price / sq ft
  • 14.2% Listings with price cut
17.7%
Sold below listing
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Kern County Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,256 Kern County
    $1,256 Bakersfield Metro
    $1,355 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 0.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $975 Rent list price
  • $0.86 Rent list price / sq ft
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