Home Values

Riverlakes 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

$250,200

  • 4.2% 1-year change
  • 4.1% 1-year forecast

The median home value in Riverlakes is $250,200. Riverlakes home values have gone up 4.2% over the past year and Zillow predicts they will rise 4.1% within the next year. The median list price per square foot in Riverlakes is $151, which is higher than the Bakersfield average of $129. The median price of homes currently listed in Riverlakes is $255,000 while the median price of homes that sold is $330,000. The median rent price in Riverlakes is $1,150, which is the same as the Bakersfield median of $1,150.

Foreclosures will be a factor impacting home values in the next several years. In Riverlakes 9.9 homes are foreclosed (per 10,000). This is greater than the Bakersfield value of 4.5 and also greater than the national value of 4.5

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Relative ZHVI
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Riverlakes Market Overview

Data through Oct 31, 2014
  • $250,200 ZHVI
  • 4.1% 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
    (Oct 31, 2015)
  • $255,000 Median listing price
  • No recent data Median sale price
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Riverlakes Market Health

Data through Oct 31, 2014
  • 1.9/10 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
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

9.9 homes(Aug 31, 2014) Riverlakes
4.5 homes Bakersfield
4.5 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Eagle Ranch $371,100
San Trope $361,300
Hampton Woods $301,800
Name Median ZHVI
Crystal Ranch $267,400
Fairway Oaks $267,300
Westlakes $266,900
Name Median ZHVI
Madison Grove $261,200
South San Lauren - Fruitvale $260,800
Pheasant Run $226,200

Listings & Sales

Data through Oct 31, 2014
  • $151 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 76.9% Listings with price cut
18.2%
Sold below listing
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Riverlakes Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,617 Riverlakes
    $1,378 Bakersfield
    $1,337 United States

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

  • 1.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,150 Rent list price (Aug 31, 2014)
  • $1.05 Rent list price / sq ft (Aug 31, 2014)
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