The housing market in Bancroft, WI is currently very strong. The median value of homes in Bancroft is $112,200, which is much lower than the US median value of $338,100. Despite this difference in prices, the appreciation rate for homes in Bancroft has been much higher than that of the US as a whole - 13.23% compared to 8.27%. This means that homeowners in Bancroft are seeing bigger returns on their investments than those across the rest of the country. It's clear that people are taking note and recognizing what a great place Bancroft is to purchase a home.
The median home cost in Bancroft is $112,200. Home appreciation the last 10 years has been 70.6%. Home Appreciation in Bancroft is up 16.7%.
Average Age of Homes
- The median age of Bancroft real estate is 40 years old
The Rental Market in Bancroft
- Renters make up 8.1% of the Bancroft population
- 0.0% 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.