Bancroft Real Estate Market Conditions

  • Median sales price

    $180,000
    8.77% change since last quarter
  • # Active listings

    7
    30-day change

Bancroft Schools and Demographics

Education near Bancroft, MI

City County
High School Graduates 90.37 92.15
College Degree - 2 year 14.17 11.51
College Degree - 4 year 9.63 16.24
Graduate Degree 2.14 4.64
Expenditures per Student 9,653 11,277
Students per Teacher 16.1 18.8

Elementary Schools near Bancroft, MI

Grades Students P/T Ratio ZIP
Bertha Neal School PK - 01 165 10.9 48429
Byron Area Elementary School PK - 05 357 18.3 48418
Morrice Area Elementary School PK - 06 255 12.8 48857
Nellie Reed Elementary KG - 01 130 15.5 48476
Robert KERR School 02 - 04 352 17.7 48429

Middle Schools near Bancroft, MI

Grades Students P/T Ratio ZIP
Byron Area Middle School 06 - 08 281 20.5 48418
Durand Middle School 05 - 07 335 17.6 48429
Nellie Reed Elementary School KG - 05 225 16 48476

High Schools near Bancroft, MI

Grades Students P/T Ratio ZIP
Byron Area High School 09 - 12 398 20.6 48418
Durand Area High School 08 - 12 635 19.4 48429
Morrice Area High School 07 - 12 274 18.3 48857

Demographics near Bancroft, MI

City County
Neighborhood Type Rural
Population 604 68,617
Population Density 1,020 129
Median Age 30.7 42
People per Household 3 2.5
Median Household Income 47,125 50,967
Average Income per Capita 18,851 25,218

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.

Bancroft Weather

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.