Home prices
The median home cost in Ballard is $914,800. In comparison to nearby areas this is roughly $227,000 (33%) higher.It is approximately $697,300 (320%) higher in comparison to the US as a whole, and it is roughly $667,800 (270%) higher compared to the city of Bakersfield.
Rents
Ballard's median rent is $1,583 per month. In comparison to its nearby areas this is approximately $97 (5%) lower.It is about $521 (49%) higher in comparison to the entire country, and compared to the city of Bakersfield it is about $479 (43%) higher.
Nearby places
Santa Ynez
Santa Ynez is Ballard's neighbor to the southeast. The housing prices there are a little less expensive. The median home in Santa Ynez is valued at $854,300, which comes out to $60,500 (7%) lower than Ballard. The rent there is somewhat less expensive. In Santa Ynez the median rent is $1,425 per month, which comes out to $158 (11%) lower than Ballard.
Los Olivos
Los Olivos is roughly 2 miles north of Ballard. Its real estate prices are fairly similar. The median home in Los Olivos costs $882,600, which is $32,200 (3%) lower than Ballard. Rent there is a little more expensive. In Los Olivos the median monthly rent is $2,015, which is $432 (21%) higher than Ballard.
Solvang
Solvang is about 3 miles southwest of Ballard. Real estate prices there are a little less expensive. The median home in Solvang is valued at $729,200, which is $185,600 (25%) lower than Ballard. Its rents are fairly similar. Solvang's median monthly rent is $1,531, which comes out to $52 (3%) lower than Ballard.
Buellton
Buellton is approximately 4 miles west of Ballard. The real estate prices there are substantially less expensive. The median home in Buellton costs $522,900, which works out to $391,900 (74%) lower than Ballard. Rent there is somewhat more expensive. In Buellton the median rent is $1,760 a month, which works out to $177 (10%) higher than Ballard.
Los Alamos
Los Alamos is approximately 11 miles northwest of Ballard. Its real estate prices are a lot less expensive. The median home in Los Alamos costs $450,000, which is $464,800 (103%) lower than Ballard. The rent there is a bit more expensive. The median rent in Los Alamos is $1,669 a month, which comes out to $86 (5%) higher than Ballard.