The Bancroft housing market is very competitive. The median sale price of a home in Bancroft was $174K last month, down 37.2% since last year. The median sale price per square foot in Bancroft is $285, up 52.4% since last year.
What is the housing market like in Bancroft today?
In March 2024, Bancroft home prices were down 37.2% compared to last year, selling for a median price of $174K. On average, homes in Bancroft sell after 16 days on the market compared to 73 days last year. There were 5 homes sold in March this year, down from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$174,000
-37.2% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Bancroft, MN
$174,000
-37.2%
United States
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How hot is the Bancroft housing market?
Bancroft is very competitive. Homes sell in 17 days.
0
100
74
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 17 days.
Hot homes
can sell for about 5% above list price and go pending in around 9 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Bancroft housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Bancroft.
Risk Factor
Flood Factor - Moderate
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Bancroft has a moderate risk of flooding. 35 properties in Bancroft are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Bancroft. Flood risk is increasing faster than the national average.