Real Estate Market Update for 93307 (Bakersfield, CA)
Welcome to July's Market Update. Let’s take a look at residential real-estate activity in your area during the month of July. The number of active listings was down 9% from one year earlier, and up 11% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just over 160-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up nearly 500%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 140-thousand dollars. The number of units sold increased 100% year-over-year, and held steady month-over-month. These latest figures are encouraging news for both buyers and sellers, indicating a positive trend in the marketplace. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 93307 (Bakersfield, CA)
Area Information for 93307 (Bakersfield, CA)
  • Population: 103,303
  • Median Age: 24.91 yr
  • Median Commute Time: 20.4 mins
  • Educational Climate*: 2
  • Sales Tax: 7.5%
  • Population Density: 744/sq mi
  • Population Change Since 2000: 39.01%
  • Closest Airport: Meadows Field
  • Closest Jr. College: San Joaquin Valley College
  • Median Household Income: $35,643
  • Annual Residential Turnover: 19.32%
  • Median Years in Residence: 3.79 yr
  • Median Home Sales Price: $89,500
  • Closest Major Sports Team: Dodgers
  • Change Avg. Household Income Since 2000: 35%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 93307 (Bakersfield, CA)
Median Age: 24.91 Married: 22% Number of Households: 25,797 Households with Children: 15,622
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 93307 (Bakersfield, CA)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Sunset School 1.1 mi Public 5-8 1 3
      Vineland Elementary School 1.7 mi Public K-4 1 3
      Mckee Middle School 5.4 mi Public 6-8 2-5 3
      Paul L. Cato Middle School 5.8 mi Public 6-8 0 0
      Golden Valley High School 5.9 mi Public 9-12 2-5 3
      Valle Verde Elementary School 6.0 mi Public K-5 1 4
      Leon H. Ollivier Middle School 6.2 mi Public 6-8 2-5 4
      Fairview Elementary School 6.2 mi Public K-5 1 4
      Horizon Elementary School 6.3 mi Public K-5 2 3
      Raffaello Palla Elementary School 6.9 mi Public K-5 1 4
      Mira Monte High School 7.1 mi Public 9-12 2-5 0
      Greenfield Community School 7.3 mi Public 3-8 0 0
      Fairfax Middle School 7.3 mi Public 6-8 1 1
      Greenfield Middle School 7.3 mi Public 6-8 2 3
      Shirley Lane Elementary School 7.4 mi Public K-6 1 0
      Zephyr Lane Elementary 7.7 mi Public K-6 0 0
      Tierra Del Sol Continuation High 8.0 mi Public 9-12 0 0
      Edison Middle School 8.2 mi Public 5-8 1 4
      Casa Loma Elementary School 8.3 mi Public K-5 1 5
      Bakersfield Adult 8.3 mi Public UNGRADE-UNGRADE 0 0
      Kern High Roc School 8.3 mi Public 11-12 0 0
      Valley Schools 8.5 mi Private K-8 0 4
      Virginia Avenue Elementary School 8.7 mi Public PRESCHOOL-6 1 3
      Wayside Elementary School 8.8 mi Public PRESCHOOL-5 1 2
      Mount Vernon Elementary School 9.3 mi Public K-6 1 3
      Fremont Elementary School 9.4 mi Public PRESCHOOL-6 1 3
      Bethel Christian 9.5 mi Private PRESCHOOL-12 0 0
      Bessie E. Owens Primary School 9.8 mi Public PRESCHOOL-3 1 0
      Our Lady Of Guadalupe 10.1 mi Catholic PRESCHOOL-8 0 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for 93307 (Bakersfield, CA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.