Bancroft Real Estate
The median home value in Bancroft, MI is $180,000. This is higher than the county median home value of $119,200. The national median home value is $219,700. The average price of homes sold in Bancroft, MI is $180,000. Approximately 60.61% of Bancroft homes are owned, compared to 25.54% rented, while 13.85% are vacant. Bancroft real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Bancroft real estate agent to arrange a tour today!
Bancroft, Michigan has a population of 604. Bancroft is more family-centric than the surrounding county with 41.36% of the households containing married families with children. The county average for households married with children is 28.91%.
The median household income in Bancroft, Michigan is $47,125. The median household income for the surrounding county is $50,967 compared to the national median of $57,652. The median age of people living in Bancroft is 30.7 years.
The average high temperature in July is 82.5 degrees, with an average low temperature in January of 14.7 degrees. The average rainfall is approximately 32.6 inches per year, with 38.9 inches of snow per year.