93561 Zip Code Real Estate Market Continues Downward Trend in Contracts

Over the last 30 days, the 93561 zip code market was steady and saw three homes sold. However, the number of pending transactions continued to decline, with a total of four transactions during the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. As contracts trended lower, the median sales price went down as well, trending downwards for four weeks to $245,000. With a downward trend in contracts numbers and prices, and 14 months of inventory still left to work through, the 93561 zip code is a solid buyer's market.

If you don't want to spend too much for a home, start by taking a look a these affordable listings in the 93561 zip code:

$189K   $190K   $208K  

Get started right now by checking out 93561 homes for sale or reviewing 93561 real estate trends.

Demographic facts about the 93561 zip code:

  • The population has increased 52.4% over the past 10 years.
  • The area's safety rating is 61. (Scale: 1 = Worst, 100 = Best)
  • The average work commute is 34 minutes.

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
The Childress Group @ Triple T Realty Services, Inc
Snapped 28 homes in this area
Re/Max Tehachapi Inc.
Snapped 34 homes in this area
Tholco Bakersfield and Tehachapi
Snapped 32 homes in this area

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