Home prices
The median home in Bancroft is valued at $79,600. This is about $36,140 (83%) higher compared to the surrounding areas.In comparison to the United States as a whole it is roughly $137,900 (63%) lower, and is approximately $99,800 (55%) lower compared to the city of Mankato.
Rents
Bancroft's median monthly rent is $535. This is roughly $135 (20%) lower in comparison to nearby areas.It is approximately $527 (49%) lower in comparison to the rest of the country, and compared to the city of Mankato is about $364 (40%) lower.
Nearby places
Burt
Burt is roughly 6 miles south of Bancroft. The real estate prices there are substantially less expensive. The value of the median home in Burt is $50,300, which comes out to $29,300 (58%) lower than Bancroft. Rents there are somewhat more expensive. In Burt the median rent is $639 a month, which comes out to $104 (16%) higher than Bancroft.
Lone Rock
Lone Rock is approximately 6 miles southwest from Bancroft. Real estate prices there are significantly less expensive. The median home in Lone Rock is valued at $47,500, which comes out to $32,100 (67%) lower than Bancroft. The rent there is a little more expensive. Lone Rock's median monthly rent is $600, which works out to $65 (10%) higher than Bancroft.
Swea City
Swea City is approximately 7 miles northwest from Bancroft. The real estate prices there are substantially less expensive. The median home in Swea City costs $40,700, which works out to $38,900 (95%) lower than Bancroft. Rent there is somewhat more expensive. The median rent in Swea City is $730 a month, which is $195 (26%) higher than Bancroft.
Lakota
Lakota is about 7 miles northeast from Bancroft. The housing prices there are significantly less expensive. The median home in Lakota is valued at $31,600, which is $48,000 (151%) lower than Bancroft. Rent there is a little more expensive. In Lakota the median monthly rent is $675, which works out to $140 (20%) higher than Bancroft.
Titonka
Titonka is roughly 8 miles southeast of Bancroft. The housing prices there are a lot less expensive. The value of the median home in Titonka is $47,200, which works out to $32,400 (68%) lower than Bancroft. Rents there are a little more expensive. In Titonka the median rent is $704 per month, which is $169 (24%) higher than Bancroft.
