The housing market in Bakersfield, VT is strong and growing. The median value of homes in Bakersfield is $291,000, which is lower than the US median value of $338,100. Additionally, over the past year, the appreciation rate for homes in Bakersfield has been 13.44%, higher than the national average of 8.27%. This is great news for potential homebuyers looking to invest in this area of Vermont. With a high appreciation rate and lower median house values compared to other parts of the United States, investing in real estate in Bakersfield could be a good financial decision.
The median home cost in Bakersfield is $291,000. Home appreciation the last 10 years has been 68.9%. Home Appreciation in Bakersfield is up 18.6%.
Average Age of Homes
- The median age of Bakersfield real estate is 41 years old
The Rental Market in Bakersfield
- Renters make up 9.5% of the Bakersfield population
- 0.0% of houses and apartments in Bakersfield, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.