The housing market in Bancroft, NE is quite healthy, with a median value of $106,900 that is significantly lower than the US median value of $338,100. The appreciation rate for homes in the past year has also been higher in Bancroft at 9.63% compared to 8.27% across the US, indicating positive growth in home values. This makes Bancroft an attractive and affordable option for those looking to purchase a house or invest in real estate.
The median home cost in Bancroft is $106,900. Home appreciation the last 10 years has been 83.7%. Home Appreciation in Bancroft is up 16.0%.
Average Age of Homes
- The median age of Bancroft real estate is 68 years old
The Rental Market in Bancroft
- Renters make up 22.7% of the Bancroft population
- 2.4% of houses and apartments in Bancroft, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.