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Foreclosure Homes in Bancroft, MI

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Bancroft, MI Foreclosures

How much do homes sell for in Bancroft, MI?
The average home price is currently $197,880.
In Bancroft, MI, how many homes are available?
There are currently 4 active home listings available in Bancroft.
What’s the average rental cost in Bancroft, MI?
The average rental price in Bancroft is $1,332.
What is the most expensive home in Bancroft?
The most expensive home sold in Bancroft had a price of $842,917.
What is currently the cheapest priced home in Bancroft, MI?
The cheapest home for sale in Bancroft is priced at $11,357.

Living in Bancroft, MI

Bancroft, MI, is a quaint village providing a peaceful, rural lifestyle with a strong sense of community. Residents enjoy a variety of outdoor activities, access to local amenities, and a straightforward commute to nearby larger towns. The area's affordable housing market makes it an attractive option for families and retirees alike.

Current Market Conditions in Bancroft, MI

The real estate market in Bancroft has remained stable, with home prices reflecting the area's affordability. Buyers appreciate the charm of Bancroft, leading to steady demand for residential properties. The village's appealing rural atmosphere continues to attract families and retirees seeking tranquility away from urban hustle.

With a combination of historic homes and newly built residences, Bancroft offers diverse housing options catering to various budgets. The village's market is supported by its proximity to major transportation routes, making commuting practical for those working in nearby cities.

Home Value Estimator For Bancroft, MI

There are currently 1,144 real estate properties in Bancroft, MI, with a median automated valuation model (AVM) price of $189,721.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bancroft, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Bancroft, MI, is $197,880.00, with the most expensive house in Bancroft, MI, topping out at $842,917.00 and the cheapest home in Bancroft, MI, clocking in at $11,357.00. In other words, there’s something for every potential homebuyer or savvy investor in Bancroft, MI!

Rent Prices In Bancroft, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bancroft, MI, is on a rollercoaster ride. The average rent price in Bancroft, MI, is $1,332.00. Indeed, when looking to rent in Bancroft, MI, you can expect to pay as little as $820.00 or as much as $2,010.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Bancroft, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Bancroft, MI Foreclosures


Market Trend for Bancroft, MI

Total Listings Available: 4

Market Values:

Home Prices from $11,357 to $842,917

Average Sales Price: $197,880

Rental Values:

Rental from $820 to $2,010

Average Rent Value: $1,332 / month

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