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Panama

Panama

Suburban Neighborhood in Bakersfield, California

Kern County 93313

$451,351 Average Value
$224 Average Price per Sq Ft
50 Homes For Sale

An agricultural economy near Bakersfield

On the southern outskirts of Bakersfield in the San Joaquin Valley, Panama might not be the place Van Halen was writing about with their hit song, but the California neighborhood has an identity all its own and provides its residents with a small-town atmosphere while staying within reach of the main city. “Around Panama are a lot of horses and farming and fruit trees,” says Autumn Mitchell, a Realtor and real estate executive with Tobias Real Estate. “We’re a huge agriculture city and we do a lot of farming, a lot of dairy business. We’re also famous for the ‘Bakersfield sound’ in music, made famous by Buck Owens and others.”

Newer homes with architectural variety

While new homes are still being built in the Panama neighborhood, most of the existing properties are designed in ranch or Spanish revival styles. Sometimes those are combined, with ranch homes adorned with Spanish-style influences, and other modern designs are also within the neighborhood. Manicured lawns, trees in the yards and stucco homes, some with wood or stone, are also among the features spotted on Panama’s residential streets. Many properties sell for between $350,000 and $500,000, with most going for $400,000 and upwards of that price, and there are plenty of sidewalks perfect for walking or jogging through the area.
An elevated view of the Panama neighborhood shows many new homes.
An elevated view of the Panama neighborhood shows many new homes.
You will also find a variety of Spanish-style homes in Panama.
You will also find a variety of Spanish-style homes in Panama.
Many of the homes in Panama are newer with nice lawns and decorative trees.
Many of the homes in Panama are newer with nice lawns and decorative trees.
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A massive sports complex for recreation

Weston Park is the only such space located inside Panama’s boundaries, featuring an open field as well as a playground and picnic areas. The biggest draw, however, is located right on the western boundary of Panama with the Kaiser Permanente Sports Village Soccer Complex. “The sports complex hosts local leagues and all the travel teams play soccer there,” Mitchell says. “It’s on the east side.” The facility, located in the Alameda neighborhood, spans nearly 200 acres and was built in several phases. Amenities at the complex include over a dozen fields used for football and soccer, as well as baseball fields, basketball courts, a walking path and other areas for recreation. The playground there also features a gigantic baseball glove-shaped play area along with standard equipment.
A fixture of a soccer ball sits at one of the fields at the Sports Village in Panama.
A fixture of a soccer ball sits at one of the fields at the Sports Village in Panama.
A man rides his bike around the Sports Village in Panama.
A man rides his bike around the Sports Village in Panama.
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Well-rated schools with sports acumen

Students begin their learning at the Douglas J. Miller Elementary School within the Panama-Buena Vista Union School District, which serves kindergarten through sixth grade and receives a B-minus with Niche. Grades seven and eight are hosted by Stonecreek Junior High School, which also rates at a score of a B-minus on Niche. Enrollment switches to the Kern High School District and Ridgeview High School, which is given a B-plus by Niche. Ridgeview High ranks as the best standout high school in the Bakersfield area, and its baseball team won the 2021 regional championship in Southern California’s Division IV.
Ridgeview High School in Panama is ranked #6,675 in National Rankings.
Ridgeview High School in Panama is ranked #6,675 in National Rankings.
Douglas J. Miller Elementary School is  ranked #2812 in California Elementary Schools.
Douglas J. Miller Elementary School is ranked #2812 in California Elementary Schools.
The Ridgeview High School baseball team in Panama won the SoCal regional baseball title in 2021.
The Ridgeview High School baseball team in Panama won the SoCal regional baseball title in 2021.
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Residents can catch the bus along the edge of town on Stine Road in Panama.
Residents can catch the bus along the edge of town on Stine Road in Panama.

Close to the bigger city via the highway

Panama is already linked to Bakersfield for the most part by its location within the outskirts of the city, but the closest highway is State Route 99 a few blocks to the east. The route stretches close to the Central Valley’s entire length, and via 99 residents can drive the short distance into Bakersfield or reach as far as Modesto, Sacramento, Stockton and beyond. A bus line within Panama is also available for the public to get from place to place.

Hot food on the avenue

Residents need to venture outside of Panama’s neighborhood boundaries to find spots to eat, but plenty of restaurants are clustered around the northern side and it’s not a far drive from anywhere in the region. “We have a ton of restaurants,” Mitchell says. “Everybody eats out in this town. There’s a restaurant that Buck Owens created while he was still alive, and that’s a huge draw.” Owens’ restaurant is named the Crystal Palace, and is roughly 15 minutes from Panama in Bakersfield proper. Areas closer to Panama include Toasted, which offers breakfast, lunch and brunch on its menus alongside cocktails. Groceries can be found at WinCo Foods Market, and an assortment of stores can be found at Valley Plaza Mall farther into Bakersfield.
Customers enjoying the meal at Toasted in Panama.
Customers enjoying the meal at Toasted in Panama.
Residents can get their groceries at the local WinCo Foods market in Panama.
Residents can get their groceries at the local WinCo Foods market in Panama.
Residents can get some sushi, get their nails done, or grab some donuts at this plaza in Panama.
Residents can get some sushi, get their nails done, or grab some donuts at this plaza in Panama.
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Adam Cheek
Written By
Adam Cheek
Joseph Choo
Photography Contributed By
Joseph Choo
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Taylor Noll

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Judy Miller, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Meadows Field

26 min drive

Bus

Stine & Berkshire

Bus

Panama Lane & Ashe

Bus

Panama Lane & Mountain Ridge

Bus

Stine & Clear Crystal

Bus

Stine & Panama Lane

Crime and Safety

1 - Low Crime, 10 - High Crime Panama US
Homicide 3 4
Sexual Assault 3 4
Assault with Weapon 3 4
Robbery 2 4
Burglary 1 4
Motor Vehicle Theft 3 4
Larceny 2 4
Crime Score 2 4

Source: WhatIsMyCrimeRisk.com

Panama Demographics and Home Trends

Housing Trends

Median List Price
$460,000
Median Sale Price
$448,950
Median Single Family Sale Price
$460,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
96
Median Home Sale Price YoY Change
3%
Average Price Per Sq Ft
$224

Neighborhood Facts

Number of Homes in Neighborhood
1,408
Number of Homes for Sale
50
Median Year Built
2007
Months of Supply
6.30
Average Single Family Home Size Sq Ft
2,118
Above the national average
1,933
Median Lot Size Sq Ft
6,969

Open Houses

  • Saturday, Jun 14
    11am - 2pm

    5912 Blue Spruce Ave, Bakersfield, CA 93313

    $439,900

    • 3 Beds
    • 2 Baths
    • 1,602 Sq Ft
    • 5912 Blue Spruce Ave
    • New 5 days ago

    Step into this impeccably maintained 3-bedroom, 2-bath SW residence, featuring a versatile bonus room ideal for a home office, den, or guest retreat. Spanning 1,602 sq. ft., the thoughtfully designed floor plan is enhanced by soaring vaulted ceilings, creating a bright, airy ambiance that feels even more expansive. The open-concept great room flows seamlessly into a chef's kitchen adorned with

    Remy Martinez Keller Williams Realty Bakersfield

    Section Image
  • Saturday, Jun 14
    11am - 2pm

    5912 Blue Spruce Ave, Bakersfield, CA 93313

    $449,900

    • 3 Beds
    • 2 Baths
    • 1,602 Sq Ft
    • 5912 Blue Spruce Ave
    • New 5 days ago

    Step into this impeccably maintained 3-bedroom, 2-bath SW residence, featuring a versatile bonus room ideal for a home office, den, or guest retreat. Spanning 1,602 sq. ft., the thoughtfully designed floor plan is enhanced by soaring vaulted ceilings, creating a bright, airy ambiance that feels even more expansive. The open-concept great room flows seamlessly into a chef's kitchen adorned with

    Remy Martinez Keller Williams Realty

    Section Image
  • Saturday, Jun 14
    11am - 2pm

    5502 White Wheat Ave, Bakersfield, CA 93313

    $405,000

    • 3 Beds
    • 2 Baths
    • 1,483 Sq Ft
    • 5502 White Wheat Ave
    • New 11 days ago

    Beautiful home in wonderful condition with new tile floors and is a perfect home for that first time home buyer. Large living area is complimented by an open kitchen to entertain and perfect size bedrooms to accommodate your buyer's needs. The corner lot and back yard boasts plenty of room for big gatherings or just to enjoy the view from the covered patio. Storage Unit in backyard will stay.

    Bill Gray Miramar International Calloway

    Section Image

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Judy Miller, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
14,768
Median Age
31
Population Density
9 ppl/acre
Population under 18
33.2%
Above the national average
23.8%
Population over 65
7.4%
Below the national average
19.1%

Finances

Median Household Income
$110,721
Significantly above the national average
$71,702
Average Household Income
$119,790

Education and Workforce

High School Graduates
86.8%
College Graduates
30.2%
On par with the national average
34.1%
Advanced Degrees
13.2%
% Population in Labor Force
78.3%
Above the national average
65.1%

Weather

Annual Precipitation
6''
Average Winter Low Temperature
40°F
Average Summer High Temperature
98°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®

31 / 100

Car-Dependent

Walk Score®

9 / 100

Minimal Transit

Transit Score®

20 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Panama