Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Bancroft area can be challenging. Home prices in Bancroft are now at a median cost of $183,222, lower than the South Dakota average of $268,202.
The average cost of rent is $770/mo in Bancroft, primarily driven by the current value of real estate in the Bancroft area. In Bancroft, 18.51% of households rent, and 70.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bancroft is $5,617 per month. Households that rent pay about 13.71% of their income on rent here. Bancroft’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Osceola, SD: equally priced homes
- Willow Lake, SD: equally priced homes
- Manchester, SD: less expensive homes
- DeSmet, SD: equally priced homes
- Iroquois, SD: less expensive homes
- Erwin, SD: equally priced homes
- Bryant, SD: higher priced homes
- Carpenter, SD: higher priced homes
- Yale, SD: higher priced homes
- Pearl Creek Colony, SD: higher priced homes
Cities with Similar Populations
- Verdery, SC: less expensive homes
- Mountain Top, AR: less expensive homes
- Scottsburg, OR: higher priced homes
- Tamarack, MN: higher priced homes
- Goodland, FL: higher priced homes
- Stumptown, PA: less expensive homes
- Morgantown, MS: less expensive homes
- Sunnydale, KY: less expensive homes
- Hadley, MN: equally priced homes
- Swatara, MN: higher priced homes
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