Welcome to our 93309 real estate data hub, tailored for investors in Bakersfield, CA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 93309 in Bakersfield, CA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in KERN COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Bakersfield, CA real estate investing. Uncover the wealth of information available, and position yourself for success in the Bakersfield property market.
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Location Overview
- Zip Code: 93309
- City: Bakersfield
- State: CA
- Metro Area: Bakersfield, CA
- County Name: KERN COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $319,550
- Average Home Price (Single Family Homes): $329,634
- Average Monthly Rental Price (All Types): $1,497
- Price-to-Rent Ratio: 18
- Zillow Projected % appreciation from 4/2023-4/2024: 1.2%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,290
- Average 3 Bedroom Section 8 Rental Rates: $1,830
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 20.64
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 14.55
- Number of Units Offered in Section 8 in the County: 1906
- Number of Occupied Units in Section 8 in the County: 1797
- Percentage of Section 8 Units Occupied in the County: 94.30000305%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 208.45
- Total % Appreciation since 2000 (Government Data): 198.38
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -0.9%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 2.85%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 38.22%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 56.29%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 134.47%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 53.08%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 175.19%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 2.22%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 3.02%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%