Market Overview
Home Prices in Bancroft, WV
The median home value in Bancroft, WV is $101,889 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 24.7% compared to a year ago and up 2.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bancroft are priced75% below average. Bancroft is part of the Huntington-Ashland, WV-KY-OH metro area.
Over the past five years, Bancroft home values have risen by approximately4.6%, reflecting modest growth in this market.
Price History
Bancroft Home Price Trend
City Comparison
Bancroft vs. National Median
At $101,889, homes in Bancroft cost 75% 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
$20,378
on $101,889
Monthly P&I
$531/mo
30-yr @ 6.8%
Total Monthly Est.
~$674/mo
incl. taxes & insurance
Income Needed
$26,960
gross annual (30% rule)
10% Down Option
$10,189
+ PMI applies
Loan Amount (20% dn)
$81,511
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, WV?
The median home value in Bancroft is $101,889 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 24.7% year-over-year.
How much have home prices changed in Bancroft?
Over the past year, home values in Bancroft have decreased by 24.7%. Over five years, prices have risen approximately 4.6%.
How much do I need to earn to buy a home in Bancroft?
To comfortably afford the median home price of $101,889 with a 20% down payment ($20,378) at today's rates (6.8%), you'd need a gross annual income of approximately $26,960. 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 $101,889, homes in Bancroft are 75% below the national average.
What metro area is Bancroft part of?
Bancroft is part of the Huntington-Ashland, WV-KY-OH metropolitan area. Home prices and market conditions can vary across the broader metro region.