The housing market in 93313 Bakersfield, CA is strong. The median value for homes in this area is $373,700, higher than the U.S. median of $338,100. Additionally, the appreciation rate for homes over the last year in this area has been 11.35%, higher than the U.S. average of 8.27%. This shows that home values are increasing rapidly and that now may be a great time to invest in real estate in 93313 Bakersfield, CA.
The median home cost in Bakersfield (zip 93313) is $373,700. Home appreciation the last 10 years has been 128.8%. Home Appreciation in Bakersfield (zip 93313) is up 17.0%.
Average Age of Homes
- The median age of Bakersfield (zip 93313) real estate is 19 years old
The Rental Market in Bakersfield (zip 93313)
- Renters make up 24.1% of the Bakersfield (zip 93313) population
- 1.4% of houses and apartments in Bakersfield (zip 93313), 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.