Home prices
Mexican Colony's median home price is $65,000. It is about $154,740 (70%) lower in comparison to its nearby areas.Compared to the country as a whole it is approximately $152,500 (70%) lower, and it is approximately $182,000 (73%) lower compared to the city of Bakersfield.
Rents
The median rent in Mexican Colony is $903 per month. This is approximately $32 (3%) lower in comparison to its surrounding areas.In comparison to the United States as a whole it is approximately $159 (14%) lower, and it is roughly $201 (18%) lower compared to the city of Bakersfield.
Nearby places
Shafter
Shafter is about 3 miles east of Mexican Colony. Real estate prices there are a lot more expensive. The median home in Shafter costs $175,300, which is $110,300 (62%) higher than Mexican Colony. The rent there is fairly similar. Shafter's median monthly rent is $868, which comes out to $35 (4%) lower than Mexican Colony.
Rosedale
Rosedale is roughly 6 miles southeast of Mexican Colony. Housing prices there are significantly more expensive. The median home in Rosedale costs $412,500, which comes out to $347,500 (84%) higher than Mexican Colony. Rent there is similar. The median monthly rent in Rosedale is $903, which is very similar to Mexican Colony.
Buttonwillow
Buttonwillow is roughly 9 miles southwest from Mexican Colony. The real estate prices there are a lot more expensive. Buttonwillow's median home value is $120,700, which works out to $55,700 (46%) higher than Mexican Colony. Rents there are a bit more expensive. In Buttonwillow the median rent is $964 per month, which comes out to $61 (6%) higher than Mexican Colony.
Greenacres
Greenacres is about 9 miles southeast from Mexican Colony. The housing prices there are significantly more expensive. The median home value in Greenacres is $221,700, which comes out to $156,700 (70%) higher than Mexican Colony. Rents there are a bit more expensive. The median monthly rent in Greenacres is $1,183, which works out to $280 (23%) higher than Mexican Colony.
Wasco
Wasco is approximately 10 miles northwest from Mexican Colony. Its housing prices are significantly more expensive. Wasco's median home value is $168,500, which comes out to $103,500 (61%) higher than Mexican Colony. The rent there is somewhat less expensive. Wasco's median rent is $756 per month, which works out to $147 (19%) lower than Mexican Colony.
