Zip 50517 (Bancroft, IA) Housing

The housing market in 50517 Bancroft, IA is thriving. The median value of homes in this area is $126,300, which is significantly lower than the US house median value of $338,100. Additionally, home prices have appreciated by 9.93%, higher than the US average appreciation rate of 8.27%. This indicates a strong and healthy market for homeowners and potential buyers alike.

The median home cost in Bancroft (zip 50517) is $126,300. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Bancroft (zip 50517) is up 14.4%.

Average Age of Homes

- The median age of Bancroft (zip 50517) real estate is 54 years old

The Rental Market in Bancroft (zip 50517)

- Renters make up 22.0% of the Bancroft (zip 50517) population
- 1.2% of houses and apartments in Bancroft (zip 50517), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Bancroft, Iowa	United States
	503.0	139,647,020.0
	74	42
	$126,300	$338,100
	14.4%	16.6%
	37.6%	57.0%
	64.5%	101.1%
	$10.73	$10.98
	$851	$2,690
	61.6%	57.4%
	14.7%	11.2%
	23.7%	31.4%
Vacant Housing
	1.2%	1.9%
	0.0%	0.4%
	2.4%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	11.1%	4.1%
Value of Owner-Occupied Housing
	7.1%	2.6%
	11.6%	2.4%
	16.8%	2.8%
	14.8%	3.9%
	13.5%	4.5%
	19.4%	11.3%
	9.7%	13.0%
	6.5%	20.1%
	0.6%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.0%	13.6%
	3.0%	13.6%
	2.4%	13.6%
	4.6%	13.2%
	13.3%	14.8%
	2.4%	13.6%
	10.9%	10.0%
	5.0%	4.7%
	46.7%	12.2%

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