House Prices

Bancroft Minneapolis, MN House Prices & Home Values 2026


Average Data

average house price$220,396
average size per house1150 ft²
average price per ft²183 $ / ft²

04/17/2026 - The value range (VR) for house prices in Bancroft Minneapolis, MN is $173.85/ sqft to $192.15/ sqft. An average home with 1150 sqft costs approximately $190,331 to $210,366. Minneapolis, MN includes 1 ZIP codes and it is located in Hennepin county. The lowest prices are found in ZIP 55407, while the highest are in ZIP 55407. The average price per sqare feet is $183. Our analysis is based on 11 property listings.

Avergage prices by ZIP codes Bancroft Minneapolis

55407182 $ / ft²




Historical development of home values in Bancroft Minneapolis

Year Estimated value (USD) Change vs. 2025
2010 $102,356 -53.6%
2011 $98,398 -55.4%
2012 $98,133 -55.5%
2013 $101,801 -53.8%
2014 $106,863 -51.5%
2015 $112,347 -49.0%
2016 $118,210 -46.4%
2017 $124,591 -43.5%
2018 $131,479 -40.3%
2019 $137,575 -37.6%
2020 $144,687 -34.4%
2021 $164,566 -25.3%
2022 $191,847 -13.0%
2023 $202,312 -8.2%
2024 $214,016 -2.9%
2025 $220,396 0.0%

Graph: estimated home values in Bancroft Minneapolis over time (USD)



Example: 100% financing house in Bancroft Minneapolis

Loan amount: $220,396

Interest rate: 5.71%

Fixed monthly payment: $1,280.86

Breakdown in the 1st month:
Interest portion: $1,049.08  –  Principal portion: $231.77

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $12,515.04 $2,855.23 $217,540.77
2 $12,347.61 $3,022.66 $214,518.11
3 $12,170.36 $3,199.91 $211,318.20
4 $11,982.72 $3,387.55 $207,930.65
5 $11,784.08 $3,586.19 $204,344.46
6 $11,573.79 $3,796.48 $200,547.98
7 $11,351.16 $4,019.11 $196,528.87
8 $11,115.48 $4,254.78 $192,274.09
9 $10,865.99 $4,504.28 $187,769.80
10 $10,601.86 $4,768.41 $183,001.39
11 $10,322.24 $5,048.03 $177,953.36
12 $10,026.23 $5,344.04 $172,609.32
13 $9,712.86 $5,657.41 $166,951.91
14 $9,381.11 $5,989.16 $160,962.75
15 $9,029.91 $6,340.36 $154,622.39
16 $8,658.11 $6,712.16 $147,910.24
17 $8,264.52 $7,105.75 $140,804.48
18 $7,847.84 $7,522.43 $133,282.05
19 $7,406.73 $7,963.54 $125,318.51
20 $6,939.75 $8,430.52 $116,888.00
21 $6,445.39 $8,924.88 $107,963.12
22 $5,922.04 $9,448.23 $98,514.90
23 $5,368.01 $10,002.26 $88,512.63
24 $4,781.48 $10,588.79 $77,923.84
25 $4,160.56 $11,209.71 $66,714.13
26 $3,503.23 $11,867.04 $54,847.09
27 $2,807.35 $12,562.92 $42,284.17
28 $2,070.67 $13,299.60 $28,984.57
29 $1,290.79 $14,079.48 $14,905.09
30 $465.18 $14,905.09 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Bancroft Minneapolis, MN


1500 sqft3900 sqft
Ø selling price$316,203$672,648
Ø fast selling$287,457$605,384
Ø high price sale$344,948$739,913

In 2026, houses in Bancroft Minneapolis, MN will be offered at an average price of $183 per square foot. A 1,500 sqft home priced at $316,203 is 21.90% more expensive per square foot than a 3,900 sqft home priced at $672,648. Home prices in Bancroft Minneapolis, MN vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $465,680. Sellers who can wait longer may achieve a higher price of up to $569,164.


Bancroft Neighborhood, Minneapolis MN: Community Guide

The Bancroft neighborhood in Minneapolis, MN offers a calm, connected slice of South Minneapolis with a friendly, small?town feel.

Location & Character

Centered between Chicago and Cedar Avenues and roughly 38th to 42nd Streets, Bancroft balances urban convenience with residential tranquility. Tree?lined blocks, sidewalks, and well-kept yards create an inviting streetscape that draws walkers, runners, and families.
Architecture spans early?20th?century Craftsman bungalows, foursquares, and stucco cottages, appealing to buyers seeking character homes.

Parks, Schools, and Homes

Local green spaces, including nearby Phelps Field Park and playgrounds, give residents room to play, picnic, and gather. The neighborhood is anchored by Bancroft Elementary School, known for inquiry?based learning and strong community partnerships.
Housing in Bancroft tends to be modest single?family homes with surprising value for South Minneapolis, making it attractive for first?time buyers and long?term homeowners alike.

Transit, Dining, and Community

Commuters appreciate quick access to major bus routes along Chicago Avenue and 38th Street, plus easy connections to downtown Minneapolis and the METRO Blue Line. Along Chicago, Cedar, and the 38th Street corridor, you?ll find independent cafes, markets, and services that highlight Minneapolis?s local food and arts culture.
With active neighbors, block events, and the Bancroft Neighborhood Association fostering safety and engagement, the Bancroft neighborhood delivers a balanced, community?first lifestyle close to everything.



FAQ – Home Values in Bancroft Minneapolis

What is the median home value in Bancroft Minneapolis in 2026?

In 2026, the typical home value in Bancroft Minneapolis is about $220,396 for an average home size of 1150 square feet. This corresponds to an average price of roughly $183 per square foot.

What is the average cost per square foot in Bancroft Minneapolis?

In 2026, homes in Bancroft Minneapolis sell for an average of around $183 per square foot, with a typical range between $173.85 and $192.15 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Bancroft?

The average home size in Bancroft Minneapolis is about 1150 square feet, with an estimated 2026 value around $220,396.



Neighborhoods close to Bancroft Minneapolis, MN

Lyndale Minneapolis, MN230 $ / ft²
Taconite Harbor Schroeder, MN168 $ / ft²
Giants Ridge Biwabik, MN125 $ / ft²
Downtown West Minneapolis, MN293 $ / ft²
Downtown Excelsior Excelsior, MN295 $ / ft²
Chanhassen Hills Chanhassen, MN238 $ / ft²




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