Appreciation for MSAs:.

Let's start by comparing Bakersfield, California to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.

We have appreciattion of +116.36% (+ 29.09% yearly) for the Bakersfield, California MSA.

The entire state of CA had + 91.72% appreciation (+ 22.93% yearly). The Bakersfield, California MSA beat out the state. by + 26.86% appreciation.

Bakersfield-CA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2002 2 122.98 + 2.81% + 11.24%
2002 3 126.67 + 3.00% + 12.00%
2002 4 129.9 + 2.55% + 10.20%
2003 1 133.6 + 2.85% + 11.39%
2003 2 137.82 + 3.16% + 12.63%
2003 3 143.88 + 4.40% + 17.59%
2003 4 152.18 + 5.77% + 23.07%
2004 1 158.74 + 4.31% + 17.24%
2004 2 169.22 + 6.60% + 26.41%
2004 3 188.37 + 11.32% + 45.27%
2004 4 200.43 + 6.40% + 25.61%
2005 1 213.69 + 6.62% + 26.46%
2005 2 227.28 + 6.36% + 25.44%
2005 3 242.88 + 6.86% + 27.46%
2005 4 258.81 + 6.56% + 26.24%


If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Bodfish, California click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Bakersfield, California.

If you were going to do a Bodfish, California Refinance, or Bodfish, California Reverse Mortgages, you could estimate your home value.

If you knew your Bodfish, California home was worth $107,000.00 in 2002, you could multiply by +116.36%, add the gain and see the home should be worth $231,505.35 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bakersfield-CA from 2002 to 2005:
+ 29.09%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 2002 to 2005 were Lafayette-IN, Burlington-NC, Anderson-IN, Jonesboro-AR, and Fort-Wayne-IN .

  1. Lafayette-IN only increased + 6.22% between 2002 and 2005
  2. Burlington-NC only increased + 6.40% between 2002 and 2005
  3. Anderson-IN only increased + 8.50% between 2002 and 2005
  4. Jonesboro-AR only increased + 8.86% between 2002 and 2005
  5. Fort-Wayne-IN only increased + 9.30% between 2002 and 2005

The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .

  1. Lafayette-LA lost - 34.71% from 1985 to 1988
  2. Grand-Junction-CO lost - 34.70% from 1982 thru 1985
  3. Lafayette-LA lost - 34.44% from 1984 thru 1987
  4. Casper-WY lost - 34.10% from 1983 thru 1986
  5. Casper-WY lost - 32.07% from 1984 thru 1987

Zip Code in MSA: 93205 - BODFISH, CA

MSA Pop: 713087
Zip Pop: 1951
Avg Value: 59400
County: KERN
Elev: 408
Region: West
Lat: 35.58175
Long: -118.480921