Bakersfield 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

$202,600

  • 3.7% 1-year change
  • 2.4% 1-year forecast

The median home value in Bakersfield is $202,600. Bakersfield home values have gone up 3.7% over the past year and Zillow predicts they will rise 2.4% within the next year. The median rent price in Bakersfield is $1,400, which is higher than the Bakersfield Metro median of $1,295.

Foreclosures will be a factor impacting home values in the next several years. In Bakersfield 3.6 homes are foreclosed (per 10,000). This is lower than the Bakersfield Metro value of 4.5 and also the same as the national value of 3.6

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 Bakersfield is 4.1%, which is lower than the national value of 6.0%. 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 Bakersfield homeowners underwater on their mortgage is 21.3%, which is lower than Bakersfield Metro at 23.0%.

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Relative ZHVI
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Bakersfield Market Overview

Data through Jul 31, 2015
  • $202,600 ZHVI
  • 2.4% 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
  • $224,125 Median sale price
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Bakersfield Market Health

Data through Jul 31, 2015
  • 3.6/10 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
  • 21.3% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 4.1% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

4 Bakersfield
4 Bakersfield Metro
4 United States
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Neighborhoods in Bakersfield

Name Median ZHVI
Quailwood $199,500
Riviera - Westchester $188,200
Sagepointe $182,100
Name Median ZHVI
Kern City $166,800
Spice Tract $143,700
Park Stockdale $122,000
Name Median ZHVI
Benton Park $110,000
Oleander Sunset $105,500
Lakeview $70,200

Listings & Sales

Data through Jul 31, 2015
  • No recent data Median list price / sq ft
  • $129 Median sale price / sq ft
  • No data Listings with price cut
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Bakersfield Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $1,377 Bakersfield
    $1,248 Bakersfield Metro
    $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

  • 1.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • $1,400 Rent list price
  • $0.88 Rent list price / sq ft
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