City:
Tehachapi is a city in the state of california with a population of roughly 34,979. It is in Kern County, California the Bakersfield, CA core-based statistical areas (CBSA), Its Zip codes include 93561 .
Tehachapi is a small town located in the Tehachapi Mountains, about an hour north of Los Angeles. The population was just over 10,000 in 2010 and has been growing steadily since then. The town is home to a number of wineries and agricultural businesses, but its real estate market is dominated by residential properties.
The Tehachapi Mountains are a popular tourist destination for those looking for natural beauty and adventure. There are hiking trails, fishing spots, and beautiful views from almost anywhere in the town. Many of the homes in Tehachapi are situated on large lots that offer plenty of room for outdoor activities or gardens.
The median price for single-family homes in Tehachapi was $467,500 in 2016 according to Zillow data. This is much higher than the median price for similar homes in the rest of California (which was $306,200). However, it's worth noting that there are only about 60 single-family homes listed for sale right now so demand may be higher than average at this point.
One reason why prices may be high in Tehachapi is that it's a relatively new town. It wasn't incorporated until 1984 so there isn't as much history or infrastructure to support housing prices at this level yet. Additionally, many people who live here commute to jobs in Los Angeles or other nearby cities so they're not really invested in the local economy yet. As more people move into Tehachapi and start investing here, prices will likely go down over time as more people become familiar with the area and its amenities.
Price Index: Bakersfield, CA