Home prices
The median home in Shafter costs $175,300. This is about $30,300 (14%) lower compared to other places in this area.It is about $42,200 (19%) lower compared to the nation as a whole, and compared to the city of Bakersfield is roughly $71,700 (29%) lower.
Rents
The median monthly rent in Shafter is $868. Compared to other places in this area this is about $77 (8%) lower.It is approximately $194 (18%) lower compared to the entire country, and is roughly $236 (21%) lower compared to the city of Bakersfield.
Nearby places
Rosedale
Rosedale is Shafter's neighbor to the south. Real estate prices there are significantly more expensive. Rosedale's median home price is $412,500, which comes out to $237,200 (57%) higher than Shafter. Its rents are pretty similar. The median rent in Rosedale is $903 per month, which is $35 (3%) higher than Shafter.
Mexican Colony
Mexican Colony is approximately 3 miles west of Shafter. The housing prices there are significantly less expensive. The median home in Mexican Colony costs $65,000, which is $110,300 (169%) lower than Shafter. Rent there is similar. The median monthly rent in Mexican Colony is $903, which works out to $35 (3%) higher than Shafter.
Greenacres
Greenacres is roughly 8 miles southeast of Shafter. Real estate prices there are somewhat more expensive. The median home value in Greenacres is $221,700, which comes out to $46,400 (20%) higher than Shafter. Rent there is a bit more expensive. In Greenacres the median rent is $1,183 per month, which comes out to $315 (26%) higher than Shafter.
Oildale
Oildale is roughly 9 miles southeast from Shafter. The real estate prices there are a bit less expensive. The median home in Oildale costs $160,300, which works out to $15,000 (9%) lower than Shafter. Rent there is somewhat more expensive. In Oildale the median monthly rent is $978, which is $110 (11%) higher than Shafter.
Wasco
Wasco is roughly 11 miles northwest from Shafter. The housing prices there are similar. The median home in Wasco costs $168,500, which is $6,800 (4%) lower than Shafter. Rent there is somewhat less expensive. The median monthly rent in Wasco is $756, which works out to $112 (14%) lower than Shafter.
