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Bancroft, IA Real Estate


According to census data in the year 2000 there were 379 housing units in Bancroft. This represents a 0.5% decline from 381 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 379 were located in what is classified as a rural area.

Homeownership rate in Bancroft is about 79.2%. Bancroft's vacancy rate, including seasonal lodging, is about 10%. Average household size is 2.26 people.

The majority of houses, apartments or condos in Bancroft were built after 1955.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom10.80%
Two Bedrooms27.20%
Three Bedrooms39.30%
Four Bedrooms15.60%
Five Bedrooms or more6.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1953
Median Value of occupied units$47,600
Median Price asked for vacant units$21,300

Rented Homes, Apartments and Condos

Average Household Size1.94
Median year structure was built1971
Median Monthly Rent asked for vacant units$193

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage36.90%
Debt Free63.10%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs12.3%