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Foreclosure Homes in Bakersfield, CA 93304

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Bakersfield, CA Foreclosures

How much do homes sell for in Bakersfield, CA?
The average home price is currently $409,645.
In Bakersfield, CA, how many homes are available?
There are currently 49 active home listings available in Bakersfield.
What’s the average rental cost in Bakersfield, CA?
The average rental price in Bakersfield is $1,549.
What is the most expensive home in Bakersfield?
The most expensive home sold in Bakersfield had a price of $60,090,316.
What is currently the cheapest priced home in Bakersfield, CA?
The cheapest home for sale in Bakersfield is priced at $10,276.

Living in Bakersfield, CA

Bakersfield, CA, is a bustling city known for its rich agricultural history and diverse culture. With a variety of amenities, excellent schools, and countless outdoor activities, it offers a high quality of life for residents. Ideal for families and professionals alike, Bakersfield boasts convenient transport links and a vibrant community atmosphere.

Current Market Conditions in Bakersfield, CA

The real estate market in Bakersfield has shown signs of growth over the past several months. With housing demand outpacing supply, home values have seen a steady increase, making it a favorable market for sellers. This trend is attributed to Bakersfield's affordable housing options compared to nearby California cities, attracting new residents.

Bakersfield's real estate market has remained resilient amid economic fluctuations. The average days on the market for homes has decreased, indicating a faster turnover and increased buyer interest. Investors are also finding opportunities, particularly in rental properties, as the city continues to expand.

Home Value Estimator For Bakersfield, CA

There are currently 170,476 real estate properties in Bakersfield, CA, with a median automated valuation model (AVM) price of $362,688.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bakersfield, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Bakersfield, CA, is $409,645.00, with the most expensive house in Bakersfield, CA, topping out at $60,090,316.00 and the cheapest home in Bakersfield, CA, clocking in at $10,276.00. In other words, there’s something for every potential homebuyer or savvy investor in Bakersfield, CA!

Rent Prices In Bakersfield, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bakersfield, CA, is on a rollercoaster ride. The average rent price in Bakersfield, CA, is $1,549.00. Indeed, when looking to rent in Bakersfield, CA, you can expect to pay as little as $490.00 or as much as $5,480.00, with the average rent median estimated to be $1,520.00. The good news is that finding an affordable and desirable property to rent in Bakersfield, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Bakersfield, CA 93304 Foreclosures

Market Trend for Bakersfield, CA

Total Listings Available: 49

Market Values:

Home Prices from $10,276 to $60,090,316

Average Sales Price: $409,645

Rental Values:

Rental from $490 to $5,480

Average Rent Value: $1,549 / month

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