October's First-Time Homebuyer Report for Lakeview

Lakeview is much older than the rest of Bakersfield, with a median age of 24. It's much less affluent than average as well, with a median income of $23,609 per household. The Lakeview market currently consists of an even amount of detached house and condo/townhouses. Topping the list of best schools in the neighborhood is Discovery Elementary School.

Price Range

The median value of homes in Lakeview is $69,027, making it one of the lower priced areas in Bakersfield. At the same time, the average list price of available homes is presently $128,787. Over the last 30 days, no deals were completed in the Lakeview market. Lakeview is used to having 0.7 sales per month.

Typical Dwelling

The typical dwelling in Lakeview is a four-bedroom detached home worth about $100,000. To purchase a similar home, a buyer with good credit and a $20,000 cash down payment could obtain a mortgage with a 3.95% interest rate and a $82 monthly payment. The property tax rate is $11.82 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

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