Cities with the fastest growing home prices in Bakersfield metro area

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September 29, 2022
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Cities with the fastest growing home prices in Bakersfield metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and not other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Bakersfield, CA metro area using data from Zillow. Cities are ranked by 1-year price change as of August 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 30 cities and towns with data available were included in the list.

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#30. Edwards, California

- 1-year price change: +$7,811 (+4.5%)
- 5-year price change: +$101,826 (+129.2%)
- Typical home value: $180,625 (#26 most expensive city in metro)
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#29. Maricopa, California

- 1-year price change: +$9,232 (+6.3%)
- 5-year price change: +$34,427 (+28.6%)
- Typical home value: $154,898 (#29 most expensive city in metro)
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#28. Ridgecrest, California

- 1-year price change: +$15,888 (+6.5%)
- 5-year price change: +$82,371 (+46.4%)
- Typical home value: $259,987 (#15 most expensive city in metro)
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#27. Weldon, California

- 1-year price change: +$19,327 (+12.6%)
- 5-year price change: +$58,054 (+50.7%)
- Typical home value: $172,511 (#28 most expensive city in metro)
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#26. Lost Hills, California

- 1-year price change: +$20,958 (+9.6%)
- 5-year price change: +$94,761 (+65.3%)
- Typical home value: $239,835 (#16 most expensive city in metro)

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#25. Fellows, California

- 1-year price change: +$21,903 (+12.9%)
- 5-year price change: +$74,134 (+63.3%)
- Typical home value: $191,341 (#25 most expensive city in metro)
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#24. Mc Kittrick, California

- 1-year price change: +$23,230 (+10.9%)
- 5-year price change: +$100,164 (+74.0%)
- Typical home value: $235,540 (#17 most expensive city in metro)
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#23. Bodfish, California

- 1-year price change: +$23,355 (+14.9%)
- 5-year price change: +$71,328 (+65.5%)
- Typical home value: $180,281 (#27 most expensive city in metro)
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#22. Wofford Heights, California

- 1-year price change: +$25,151 (+14.0%)
- 5-year price change: +$73,508 (+55.9%)
- Typical home value: $204,909 (#22 most expensive city in metro)
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#21. Onyx, California

- 1-year price change: +$25,627 (+14.9%)
- 5-year price change: +$74,618 (+60.9%)
- Typical home value: $197,056 (#24 most expensive city in metro)

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#20. Lake Isabella, California

- 1-year price change: +$28,279 (+16.0%)
- 5-year price change: +$77,897 (+61.2%)
- Typical home value: $205,096 (#21 most expensive city in metro)
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#19. Mojave, California

- 1-year price change: +$30,723 (+15.8%)
- 5-year price change: +$117,471 (+109.4%)
- Typical home value: $224,889 (#18 most expensive city in metro)
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#18. Lebec, California

- 1-year price change: +$31,306 (+9.2%)
- 5-year price change: +$144,557 (+64.0%)
- Typical home value: $370,515 (#6 most expensive city in metro)
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#17. Lamont, California

- 1-year price change: +$32,126 (+17.1%)
- 5-year price change: +$97,287 (+79.5%)
- Typical home value: $219,734 (#19 most expensive city in metro)
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#16. Taft, California

- 1-year price change: +$33,022 (+19.9%)
- 5-year price change: +$82,455 (+70.8%)
- Typical home value: $198,943 (#23 most expensive city in metro)

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#15. Boron, California

- 1-year price change: +$33,774 (+29.9%)
- 5-year price change: +$84,887 (+136.9%)
- Typical home value: $146,884 (#30 most expensive city in metro)
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#14. Arvin, California

- 1-year price change: +$34,334 (+14.5%)
- 5-year price change: +$110,975 (+69.3%)
- Typical home value: $271,120 (#13 most expensive city in metro)
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#13. Shafter, California

- 1-year price change: +$38,779 (+13.6%)
- 5-year price change: +$131,425 (+68.2%)
- Typical home value: $324,025 (#7 most expensive city in metro)
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#12. Mc Farland, California

- 1-year price change: +$40,156 (+16.5%)
- 5-year price change: +$110,040 (+63.7%)
- Typical home value: $282,802 (#11 most expensive city in metro)
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#11. Oildale, California

- 1-year price change: +$41,020 (+18.5%)
- 5-year price change: +$114,013 (+76.5%)
- Typical home value: $263,087 (#14 most expensive city in metro)

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#10. Caliente, California

- 1-year price change: +$41,696 (+15.8%)
- 5-year price change: +$122,263 (+66.7%)
- Typical home value: $305,584 (#9 most expensive city in metro)
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#9. Wasco, California

- 1-year price change: +$41,771 (+16.6%)
- 5-year price change: +$120,797 (+70.0%)
- Typical home value: $293,419 (#10 most expensive city in metro)
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#8. Delano, California

- 1-year price change: +$41,940 (+15.6%)
- 5-year price change: +$118,570 (+61.5%)
- Typical home value: $311,494 (#8 most expensive city in metro)
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#7. Buttonwillow, California

- 1-year price change: +$42,089 (+23.9%)
- 5-year price change: +$100,379 (+85.3%)
- Typical home value: $218,043 (#20 most expensive city in metro)
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#6. Tehachapi, California

- 1-year price change: +$49,822 (+13.8%)
- 5-year price change: +$159,061 (+63.0%)
- Typical home value: $411,442 (#3 most expensive city in metro)

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#5. California City, California

- 1-year price change: +$51,940 (+22.6%)
- 5-year price change: +$148,955 (+112.0%)
- Typical home value: $281,999 (#12 most expensive city in metro)
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#4. Rosamond, California

- 1-year price change: +$54,264 (+15.6%)
- 5-year price change: +$176,127 (+78.3%)
- Typical home value: $401,019 (#4 most expensive city in metro)
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#3. Bakersfield, California

- 1-year price change: +$56,587 (+17.3%)
- 5-year price change: +$153,036 (+66.2%)
- Typical home value: $384,099 (#5 most expensive city in metro)
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#2. Keene, California

- 1-year price change: +$78,276 (+15.5%)
- 5-year price change: +$213,241 (+57.7%)
- Typical home value: $582,549 (#1 most expensive city in metro)
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#1. Pine Mountain Club, California

- 1-year price change: +$80,784 (+22.7%)
- 5-year price change: +$207,221 (+90.2%)
- Typical home value: $436,869 (#2 most expensive city in metro)

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