Home prices
Bakersfield's median home price is $79,200. In comparison to its nearby areas this is approximately $15,780 (16%) lower.It is roughly $138,300 (63%) lower in comparison to the nation as a whole, and compared to the city of Springfield is roughly $38,900 (32%) lower.
Rents
In Bakersfield the median monthly rent is $668. It is about $90 (15%) higher compared to its surrounding areas.Compared to the rest of the nation it is approximately $394 (37%) lower, and in comparison to the city of Springfield it is roughly $76 (10%) lower.
Nearby places
Viola
Viola is approximately 11 miles southeast from Bakersfield. The real estate prices there are pretty similar. The median home in Viola is valued at $75,600, which is $3,600 (4%) lower than Bakersfield. Rent there is somewhat less expensive. The median rent in Viola is $568 a month, which is $100 (17%) lower than Bakersfield.
Gainesville
Gainesville is roughly 14 miles northwest from Bakersfield. The housing prices there are pretty similar. The median home in Gainesville costs $81,300, which comes out to $2,100 (2%) higher than Bakersfield. Rents there are a bit less expensive. Gainesville's median monthly rent is $568, which works out to $100 (17%) lower than Bakersfield.
Mountain Home
Mountain Home is about 17 miles southwest of Bakersfield. Real estate prices there are significantly more expensive. Mountain Home's median home price is $126,100, which is $46,900 (37%) higher than Bakersfield. Its rents are pretty similar. The median rent in Mountain Home is $686 per month, which is $18 (2%) higher than Bakersfield.
Midway
Midway is roughly 18 miles southwest from Bakersfield. Its housing prices are substantially more expensive. Midway's median home price is $116,900, which is $37,700 (32%) higher than Bakersfield. Its rents are a little less expensive. The median rent in Midway is $593 a month, which is $75 (12%) lower than Bakersfield.
Briarcliff
Briarcliff is roughly 19 miles south from Bakersfield. Its housing prices are somewhat less expensive. The median home cost in Briarcliff is $75,000, which comes out to $4,200 (5%) lower than Bakersfield. Rent there is substantially less expensive. The median monthly rent in Briarcliff is $475, which works out to $193 (40%) lower than Bakersfield.