The median home value in Bancroft, MI is $160,100. This is higher than the county median home value of $157,400. The national median home value is $338,100. The average price of homes sold in Bancroft, MI is $160,100. Approximately 56.61% of Bancroft homes are owned, compared to 27.51% rented, while 15.87% 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 48414 has a population of 488. Bancroft 48414 is more family-centric than the surrounding county with 33.47% of the households containing married families with children. The county average for households married with children is 26.23%.
The median household income in Bancroft, Michigan 48414 is $61,250. The median household income for the surrounding county is $58,004 compared to the national median of $69,021. The median age of people living in Bancroft 48414 is 31.8 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 14.6 degrees. The average rainfall is approximately 33.2 inches per year, with 42.5 inches of snow per year.