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Housing in Bancroft

A typical Bancroft home is worth roughly $123,000

Builders were permitted 6 new homes in 2025.

Typical home value
$123K
NE $281K
Estimate
2-bedroom rent
$970
a month, utilities in · HUD
Median tax bill
$1,553
NE $3,549

What kind of housing town is Bancroft?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 2.4 years of income

Less than across Nebraska (3.7 years). Try your own numbers below.

You could afford about
$189,000
Typical Bancroft home $123K

That covers a typical Bancroft home, with $66K to spare.

The typical home, each month
$770
Loan $610Tax $130Insurance $40

A two-bedroom rents for about $970 a month here, $200 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Bancroft’s typical property tax (1.27% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $970

Renters already here pay a median of $826, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$680
1 bedroom$840
2 bedrooms$970
3 bedrooms$1,280
4 bedrooms$1,290
29%
of households rent · NE 34%
75
renter households
$826
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Burt County, NE): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

New construction

6 new homes permitted in 2025

Builders were permitted 6 new homes in Bancroft in 2025, all single-family houses. Over the past 10 years, Bancroft has permitted 15 homes in all.

Single-family2+ homes per building
0246 200020052010201520202025
6
new homes permitted in 2025
5
2026 so far (Jan–Aug)
15
homes in the past 10 years
Homes vs. people, 2010–2020
Residents+1
New homes+6

Between the 2010 and 2020 censuses, Bancroft gained 1 resident while 6 new homes were permitted: about 0.2 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across Nebraska: 1.8 new residents per new home.

Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)550$338,000
2025660$405,000
2024000—
2023330$1.3 million
2022000—
2021202$300,000
2020110$350,000
2019330$749,000
2018000—
2017000—
2016000—
2015220$300,000
2014000—
2013000—
2012000—
2011000—
2010110$100,000
2009110$100,000
2008110$100,000
2007110$200,000
2006000—
2005000—
2004000—
2003000—
2002220$204,000
2001000—
2000330$363,000

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

The homes

71% of Bancroft households own their home

Half of Bancroft’s homes were built before 1967.

Owners and renters
Own 71%Rent 29%

Nebraska: 67% own.

1967
typical home built · NE 1975
$1,553
median property tax bill · NE $3,549
1.27%
of a home’s value, a year in tax · NE 1.49%

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Neighbors talk housing

What Bancroft buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Bancroft still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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