House Flipping Report
Neighborhood Data
Bakersfield, CA 93301
Print
Successfully flipping a house depends on a number of different factors including population growth, increasing housing prices and cheap houses for sale. We are analyzing thousands of data points for Bakersfield, CA . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Kern County , we've been able to rank it against its peer counties within California. To provide an even fuller picture, we also ranked California against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
California
#2nd in US
#11th in US
Kern County
#7th in CA
#44th in CA
Number of Flips: We identify house flips as houses that are bought and sold within 12 months excluding forclosures, REOs and multi-parcel sales.
Flip Profit: The profit is the gross margin calculated by subtracting the original purchase price from the new resale price.
Latest Monthly Sales Count
List Price /sqft
$137
-0% from last quarter
Average Home Sqft
$1,279
-0.07% from last year
In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with Kern County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
California
39,557,045
0.4%
#1st in US
Kern County
896,764
0.87%
#11th in CA
93301
12,248
#49th in CA
FlipMarket is the industry standard for providing you the exact data needed to see if flipping a house will be successful. To find properties for sale that may fit your budget and be house flipping candidates, check this list of popular searches.
Array
(
[zip_id] => 2864
[country] => USA
[zip] => 93301
[city] => Bakersfield
[state] => California
[state_abbr] => CA
[county] => Kern
[dma] => 800
[latitude] => 35.3882
[longitude] => -119.024
[timezone] => -8
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 93301
[zip_name] => bakersfield, ca
[flag] =>
[median_listing_price] => 185050
[median_listing_price_mm] => -0.0609
[median_listing_price_yy] => -0.1395
[active_listing_count] => 20
[active_listing_count_mm] => 0
[active_listing_count_yy] => -0.1667
[median_days_on_market] => 69.5
[median_days_on_market_mm] => 0.4184
[median_days_on_market_yy] => 0.178
[new_listing_count] => 4
[new_listing_count_mm] =>
[new_listing_count_yy] => 0
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 4
[price_reduced_count_mm] => 0
[price_reduced_count_yy] => 0
[pending_listing_count] => 3
[pending_listing_count_mm] => -0.25
[pending_listing_count_yy] => 0.5
[median_listing_price_per_square_feet] => 137
[median_listing_price_per_square_feet_mm] => -0.0033
[median_listing_price_per_square_feet_yy] => 0.0536
[median_square_feet] => 1279
[median_square_feet_mm] => 0.029
[median_square_feet_yy] => -0.0718
[average_listing_price] => 225600
[average_listing_price_mm] => -0.0898
[average_listing_price_yy] => -0.0145
[total_listing_count] => 23
[total_listing_count_mm] => -0.0417
[total_listing_count_yy] => 0.15
[pending_ratio_mm] => -0.05
[pending_ratio_yy] => 0.0667
[RegionID] => 97217
[RegionName] => 93301
[State] => CA
[Metro] => Bakersfield
[County] => Kern County
[City] => Bakersfield
[SizeRank] => 739
[Zhvi] => 203400
[MoM] => 0.00494071
[QoQ] => 0.0185278
[YoY] => 0.0566234
[5Year] => 0.0557178
[10Year] => 0.0570385
[PeakMonth] => 2006-08
[PeakQuarter] => 2006-Q3
[PeakZHVI] => 265800
[PctFallFromPeak] => -0.234763
[LastTimeAtCurrZHVI] => 2005-04
[flips] => 22923
[purchase_price] => 386496
[resale_price] => 496482
[gross_margin] => 109987
[flipcount_rank] => 2
[flipmargin_rank] => 11
[counties] => 58
[zip_population] => 12248
[zip_rank] => 949
[state_population] => 39557045
[state_rank] => 1
[state_difference] => 0.400250
[list_prices] =>
[list_prices_exploded] => Array
(
[0] =>
)
)
Array
(
[county_name] => Kern
[state] => California
[state_fips] => 6
[county_fips] => 6029
[dma] => 800
[metro_name] => Bakersfield, CA
[cbsa_name] => Bakersfield, CA
[county_region_id_zillow] => 204
[metro_region_id_zillow] => 394357
[fips] => 6029
[cbsa_code] => 12540
[population_prior] => 888988
[population] => 896764
[rank] => 11
[difference] => 0.874702471
[region_id] => 204
[sale_counts] => "577,599,608,665,720,760,819,855,862,917,972,1097,1114,1121,1036,976,933,924,948,951,984,1010,989,959,914,917,883,879,831,821,799,819,864,919,987,993,980,943,901,858,813,848,855,873,911,933,953,961,954,936,858,845,830,842,793,832,863,931,941,941,917,885,860,856,867,864,872,856,863,821,821,869,873,873,808,809,821,836,837,846,823,847,826,815,809,833,866,879,891,889,904,888,857,847,851,909,929,922,883,881,870,878,876,874,910,911,957,952,975,924,909,896,906,904,879,894,902,930,951,960,953,964,981,994,983,974,924,939,930,953,931,947,914,910,861,851,859,904,955,919,,"
[county] => Kern
[flips] => 966
[purchase_price] => 125986
[resale_price] => 189543
[gross_margin] => 63557
[flipcount_rank] => 7
[flipmargin_rank] => 44
[sale_counts_exploded] => Array
(
[0] => 577
[1] => 599
[2] => 608
[3] => 665
[4] => 720
[5] => 760
[6] => 819
[7] => 855
[8] => 862
[9] => 917
[10] => 972
[11] => 1097
[12] => 1114
[13] => 1121
[14] => 1036
[15] => 976
[16] => 933
[17] => 924
[18] => 948
[19] => 951
[20] => 984
[21] => 1010
[22] => 989
[23] => 959
[24] => 914
[25] => 917
[26] => 883
[27] => 879
[28] => 831
[29] => 821
[30] => 799
[31] => 819
[32] => 864
[33] => 919
[34] => 987
[35] => 993
[36] => 980
[37] => 943
[38] => 901
[39] => 858
[40] => 813
[41] => 848
[42] => 855
[43] => 873
[44] => 911
[45] => 933
[46] => 953
[47] => 961
[48] => 954
[49] => 936
[50] => 858
[51] => 845
[52] => 830
[53] => 842
[54] => 793
[55] => 832
[56] => 863
[57] => 931
[58] => 941
[59] => 941
[60] => 917
[61] => 885
[62] => 860
[63] => 856
[64] => 867
[65] => 864
[66] => 872
[67] => 856
[68] => 863
[69] => 821
[70] => 821
[71] => 869
[72] => 873
[73] => 873
[74] => 808
[75] => 809
[76] => 821
[77] => 836
[78] => 837
[79] => 846
[80] => 823
[81] => 847
[82] => 826
[83] => 815
[84] => 809
[85] => 833
[86] => 866
[87] => 879
[88] => 891
[89] => 889
[90] => 904
[91] => 888
[92] => 857
[93] => 847
[94] => 851
[95] => 909
[96] => 929
[97] => 922
[98] => 883
[99] => 881
[100] => 870
[101] => 878
[102] => 876
[103] => 874
[104] => 910
[105] => 911
[106] => 957
[107] => 952
[108] => 975
[109] => 924
[110] => 909
[111] => 896
[112] => 906
[113] => 904
[114] => 879
[115] => 894
[116] => 902
[117] => 930
[118] => 951
[119] => 960
[120] => 953
[121] => 964
[122] => 981
[123] => 994
[124] => 983
[125] => 974
[126] => 924
[127] => 939
[128] => 930
[129] => 953
[130] => 931
[131] => 947
[132] => 914
[133] => 910
[134] => 861
[135] => 851
[136] => 859
[137] => 904
[138] => 955
[139] => 919
[140] =>
[141] =>
)
)