Bancroft, Michigan.
Typical home $217,265 (+6.9% in a year). Lansing-East Lansing, MI metro.
to buy the typical home at today's mortgage rate — +$614 (+117%) since Jan 2020.
- 1 year
- Up $14,036 +7%
- $203,228$217,265 since Sep 2025
- 5 years
- Up $43,606 +25%
- $173,659$217,265 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Bancroft$1,140
- Michigan$1,384
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 15 years.
Typical home values in Bancroft, MI rose 6.9% over the past year — faster than the nation's +1.2%.
Living in Bancroft, Shiawassee County, Michigan
Bancroft is a village of 484 people in Shiawassee County. Unemployment in Shiawassee County was 4.8% in August 2026, and the county had 0.3% fewer jobs in 2025 than the year before. The most people in Shiawassee County work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Bancroft is a small village in Shiawassee County, home to very few people, and the quiet that comes with that. Homes are valued well below what is typical for much of the country, and the share of adults with a four-year degree is low. Winters are cold, with January the coldest month and highs staying near freezing, while July is warm. Precipitation falls fairly evenly through the year as rain and melted snow.
Work. Residents work mostly in schools, hospitals and social care, with manufacturing, retail and the building trades close behind. Across Shiawassee County, some of the largest workplaces are Memorial Healthcare, Baker College and Owosso Public Schools. Commutes are long, and almost no one works from home, so most people travel out of the village each day. Unemployment in the county is a little lower than a year ago, though the number of local jobs slipped slightly over the past year.
Things to do. The Maple River is a short drive away and is the closest place for time by the water. Farther afield, Sleepy Hollow State Park is a protected area a longer drive away, as is Seven Lakes State Park. For a day indoors, the Flint Institute of Arts is a museum, also a longer drive from the village.
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- 176households
- 11%of adults have a degree
- 10%below the poverty line
- 34 mintypical commute
- 3%work from home
What people in Shiawassee County work in
Employed residents by industry, from the Census survey. Shiawassee County had 15,490 jobs in 2025, 0.3% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 31° and lows near 15°; warmest in July, with highs near 83° and lows near 61°. About 33 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Durand Wwtp weather station, 5 miles away (NOAA).
Largest workplaces in Shiawassee County
- Memorial HealthcareGeneral hospital1,113FTE
- Baker CollegeUniversity or college926
- Owosso Public SchoolsSchool district368FTE
- WalmartWarehouse clubs and supercenters328
- Pleasant View Shiawassee County Medical Care FacilitySkilled nursing facilities274
- Shiawassee Regional ESDSchool district264FTE
- Corunna Public SchoolsSchool district232FTE
- MeijerRetail217
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 42 workplaces with 20 or more staff, 4,860 people in all across the county; Bancroft has none of its own. Hospitals come from their Medicare cost reports (CMS, 2023), colleges from IPEDS (NCES, 2023–24) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Strong windRelatively high
- Cold wavesRelatively high
- TornadoesRelatively high
- HailRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Bancroft’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Shiawassee County and the Lansing-East Lansing, MI metro.
Bancroft home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Bancroft$217,265
- Michigan$263,760
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Bancroft7
New listings per month
Sellers arriving at the market.
Not enough data to draw this yet.
Zip codes with a Bancroft address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Bancroft — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.