Zip 93306 (Bakersfield, CA) Housing

The housing market in Bakersfield, CA (93306) is a strong one. The median value of homes in the area is $300,800, which is significantly lower than the national median of $338,100. Despite the lower cost of living, the appreciation rate for housing in Bakersfield has been quite positive with an increase of 11.35%, higher than the US average of 8.27%. This trend in Bakersfield's housing market suggests that it may be a wise investment to buy property in this area.

The median home cost in Bakersfield (zip 93306) is $300,800. Home appreciation the last 10 years has been 128.8%. Home Appreciation in Bakersfield (zip 93306) is up 17.0%.

Average Age of Homes

- The median age of Bakersfield (zip 93306) real estate is 41 years old

The Rental Market in Bakersfield (zip 93306)

- Renters make up 35.3% of the Bakersfield (zip 93306) population
- 1.7% of houses and apartments in Bakersfield (zip 93306), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Bakersfield, California	United States
	23,465.0	139,647,020.0
	43	42
	$300,800	$338,100
	17.0%	16.6%
	61.3%	57.0%
	128.8%	101.1%
	$11.12	$10.98
	$2,533	$2,690
	58.2%	57.4%
	7.0%	11.2%
	34.7%	31.4%
Vacant Housing
	1.7%	1.9%
	0.7%	0.4%
	0.4%	0.7%
	0.6%	0.4%
	0.8%	3.6%
	2.8%	4.1%
Value of Owner-Occupied Housing
	2.3%	2.6%
	2.3%	2.4%
	0.5%	2.8%
	1.3%	3.9%
	3.2%	4.5%
	10.7%	11.3%
	18.6%	13.0%
	34.8%	20.1%
	16.2%	13.6%
	4.3%	8.3%
	4.4%	9.7%
	1.2%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	17.3%	13.6%
	17.3%	13.6%
	8.0%	13.6%
	14.3%	13.2%
	16.1%	14.8%
	8.0%	13.6%
	17.6%	10.0%
	4.4%	4.7%
	3.5%	12.2%

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