Real Estate Market Update for 93313 (Bakersfield, CA)
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Welcome to June's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was up 80% from one year earlier, and up 29% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just over 260-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 100%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 270-thousand dollars. The number of units sold increased 100% year-over-year, and increased 67% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. 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.
Map Information for 93313 (Bakersfield, CA)
Area Information for 93313 (Bakersfield, CA)
  • Population: 45,163
  • Median Age: 28.65 yr
  • Median Commute Time: 17.89 mins
  • Educational Climate*: 3
  • Sales Tax: 7.5%
  • Population Density: 453/sq mi
  • Population Change Since 2000: 84.22%
  • Closest Airport: Meadows Field
  • Closest College: California State University-bakersfield
  • Closest Jr. College: San Joaquin Valley College
  • Median Household Income: $60,629
  • Annual Residential Turnover: 19.9%
  • Median Years in Residence: 3.34 yr
  • Median Home Sales Price: $154,600
  • Closest Major Sports Team: Dodgers
  • Change Avg. Household Income Since 2000: 21%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 93313 (Bakersfield, CA)
Median Age: 28.65 Married: 30% Number of Households: 12,485 Households with Children: 7,032
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 93313 (Bakersfield, CA)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      General Shafter Elementary School 1.0 mi Public K-8 2-5 4
      Panama Elementary School 3.4 mi Public PRESCHOOL-6 1 3
      Ridgeview High School 4.0 mi Public 9-12 3 3
      Stonecreek Junior High School 4.3 mi Public 7-8 2 5
      Douglas J. Miller Elementary School 4.7 mi Public K-6 2 4
      Berkshire Elementary School 4.8 mi Public K-6 3 4
      Granite Pointe Elementary School 4.9 mi Public K-5 2 4
      Roy W. Loudon Elementary School 5.6 mi Public K-6 1 4
      Bill L. Williams Elementary School 5.8 mi Public K-6 3 4
      Suburu (donald E.) Elementary 6.1 mi Public K-5 0 0
      New Life Christian School 6.7 mi Private PRESCHOOL-8 0 5
      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 © 2014
      Local Weather for 93313 (Bakersfield, CA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 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.