T-RECS
powered by ResiShares
Trended Real Estate Comparison Scores (T-RECS) compare current real estate markets with their closest analogs in history, to project their most probable trajectories going forward.
Read more about our T-RECS model hereWhere willrank amongst housing markets for price growth?
Bakersfield, CA
State
California
Region
West
2021 Population
917,673
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 206,683 homes | 58th |
| Home Price | $336,315 | 60th |
| Price Per sqft | $217/sqft | 62nd |
| Lot Size | 0.18 acre(s) | 21st |
| Home Size | 1,540 sqft | 31st |
| 2 Year Price Growth | +11.76% | 45th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 40 years | 57th |
Population Age | 0 years | 62nd |
| Household Size | 3.14 people | 97th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $66,234 | 37th |
| 2 Year Household Income Growth | +20.10% | 98th |
Unemployment Rate | 7.00% | 1st |
2 Year Unemployment Rate Difference | -2.00% | 89th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 77th |
| Population Growth Score | 51st |
| Price Growth Score | 47th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
156 / 200 ( 22nd %tile )Top 5 Historical T-RECS Matched Markets
1.
Fresno, CA
Year: 2019
Similarity Score: 88
2.
Modesto, CA
Year: 2019
Similarity Score: 86
3.
Riverside-San Bernardino-Ontario, CA
Year: 2019
Similarity Score: 85
4.
Sacramento-Roseville-Folsom, CA
Year: 2020
Similarity Score: 85
5.
Visalia, CA
Year: 2016
Similarity Score: 83
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 206,683 homes | 58th |
| Home Price | $336,315 | 60th |
| Price Per sqft | $217/sqft | 62nd |
| Lot Size | 0.18 acre(s) | 21st |
| Home Size | 1,540 sqft | 31st |
| 2 Year Price Growth | +11.76% | 45th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 40 years | 57th |
Population Age | 0 years | 62nd |
| Household Size | 3.14 people | 97th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $66,234 | 37th |
| 2 Year Household Income Growth | +20.10% | 98th |
Unemployment Rate | 7.00% | 1st |
2 Year Unemployment Rate Difference | -2.00% | 89th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 77th |
| Population Growth Score | 51st |
| Price Growth Score | 47th |