Investor-grade market analytics for Bakersfield, California. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through August 2026.
$362,787
+0.0% year-over-year
5.9%
gross annual
+0.0%
base case (Zillow ZHVF)
+0.0% year-over-year
70/100
HighNet migration: Bottom 17% nationally
In-migrants avg $55,280 AGI vs out-migrants $60,060
Opportunity Zone Market
15 ZIP codes in Bakersfield are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
Bakersfield, CA is in a stabilization phase with 0% year-over-year appreciation, suggesting cooling demand and a shift toward balanced conditions. Affordability is moderately stretched with a price-to-income ratio of 5.36x, above the national average of 4.8x. Climate risk is elevated (70/100), which may impact insurance costs and long-term property values. Rental yield of 5.9% is moderate, offering acceptable cash flow for leveraged investments.
12-month projection (Zillow ZHVF model)
Bakersfield, CA's primary climate exposure is flooding (70/100). The composite climate risk score of 70/100 (High) indicates overall risk which may increase insurance premiums and impact property values over time. Buyers should consider climate-related insurance costs and potential future regulatory changes.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.