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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 $170,132, lower than the West Virginia average of $177,366.
The average cost of rent is $905/mo in Bancroft, primarily driven by the current value of real estate in the Bancroft area. In Bancroft, 17.26% of households rent, and 30.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bancroft is $7,447 per month. Households that rent pay about 12.15% of their income on rent here. Bancroft’s most expensive areas are in the southwestern 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
- Hometown, WV: higher priced homes
- Raymond City, WV: higher priced homes
- Winfield, WV: higher priced homes
- Red House, WV: equally priced homes
- Poca, WV: equally priced homes
- Scott Depot, WV: higher priced homes
- Eleanor, WV: higher priced homes
- Heizer, WV: equally priced homes
- Nitro, WV: less expensive homes
- Teays Valley, WV: higher priced homes
Cities with Similar Populations
- Estelline, SD: higher priced homes
- Morrisville, MO: higher priced homes
- Nankin, OH: higher priced homes
- Neches, TX: higher priced homes
- Fort Clark Springs, TX: less expensive homes
- Nettie, WV: less expensive homes
- Newellton, LA: less expensive homes
- Newington, GA: less expensive homes
- North Fairfield, OH: equally priced homes
- Outland, SC: less expensive homes
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