Market Overview
Home Prices in Bancroft, WI
The median home value in Bancroft, WI is $273,021 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 19.2% compared to a year ago and down 3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bancroft are priced33% below average. Bancroft is part of the Stevens Point, WI metro area.
Over the past five years, Bancroft home values have risen by approximately27.1%, reflecting strong long-term appreciation in this market.
Price History
Bancroft Home Price Trend
City Comparison
Bancroft vs. National Median
At $273,021, homes in Bancroft cost 33% below the national median of $410,000. This makes Bancroft a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Bancroft?
20% Down Payment
$54,604
on $273,021
Monthly P&I
$1,424/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,808/mo
incl. taxes & insurance
Income Needed
$72,320
gross annual (30% rule)
10% Down Option
$27,302
+ PMI applies
Loan Amount (20% dn)
$218,417
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Bancroft, WI?
The median home value in Bancroft is $273,021 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 19.2% year-over-year.
How much have home prices changed in Bancroft?
Over the past year, home values in Bancroft have increased by 19.2%. Over five years, prices have risen approximately 27.1%.
How much do I need to earn to buy a home in Bancroft?
To comfortably afford the median home price of $273,021 with a 20% down payment ($54,604) at today's rates (6.8%), you'd need a gross annual income of approximately $72,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Bancroft compare to the national average home price?
The national median home value is approximately $410,000. At $273,021, homes in Bancroft are 33% below the national average.
What metro area is Bancroft part of?
Bancroft is part of the Stevens Point, WI metropolitan area. Home prices and market conditions can vary across the broader metro region.