Southern Oaks 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

$243,200

  • -0.2% 1-year change
  • 0.8% 1-year forecast

The median home value in Southern Oaks is $243,200. Southern Oaks home values have declined -0.2% over the past year and Zillow predicts they will rise 0.8% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In Southern Oaks 12.0 homes are foreclosed (per 10,000). This is greater than the Bakersfield value of 3.6 and also greater than the national value of 3.6

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Relative ZHVI
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Southern Oaks Market Overview

Data through Jul 31, 2015
  • $243,200 ZHVI
  • 0.8% 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
    (Jul 31, 2016)
  • No data Median listing price
  • No data Median sale price
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Southern Oaks Market Health

Data through Jul 31, 2015
  • 1.0/10 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
  • No data Homes with negative equity (15.4% US Avg)
  • No data Delinquent on mortgage (6.0% US Avg)

Homes foreclosed (per 10,000)

12(Aug 31, 2014) Southern Oaks
4 Bakersfield
4 United States
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Nearby Neighborhoods

Name Median ZHVI
Seven Oaks at Grand Island $495,400
Seven Oaks $421,200
The Oaks $273,700
Name Median ZHVI
Terra Vista $266,900
Artisan $265,700
Tevis Ranch $227,600
Name Median ZHVI
Laurelglen $205,700
Silver Creek $201,600
Campus Park $199,600

Listings & Sales

  • No data
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Southern Oaks Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $1,574 Southern Oaks
    $1,377 Bakersfield
    $1,376 United States

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

  • 1.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • No data Rent list price
  • No data Rent list price / sq ft
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