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Real estate in Minneapolis’ Bancroft neighborhood.

Compare top Bancroft real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for August 2026.*


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Bancroft real estate Market Report.

Information and statistics on the latest trends in the Bancroft real estate market. *

Latest Rolling 3-Month Snapshot

Apr 1, 2026 - Jun 30, 2026

Median sale price
$297K
-3.6% from Q1 '26
Median list price
$272K
-16% from Q1 '26
Active listings
20
-13% from Q1 '26
Homes sold
16
+45% from Q1 '26
New pendings
12
-20% from Q1 '26
New listings
12
-25% from Q1 '26

Quarterly Pricing Trends for Bancroft

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Bancroft Q3 '21 Q3 '22 Q3 '23 Q3 '24 Q3 '25 Q2 '26 Median sale price in Jul 2021 - Sep 2021: $335K Median sale price in Oct 2021 - Dec 2021: $291K Median sale price in Jan 2022 - Mar 2022: $267K Median sale price in Apr 2022 - Jun 2022: $328K Median sale price in Jul 2022 - Sep 2022: $299K Median sale price in Oct 2022 - Dec 2022: $308K Median sale price in Jan 2023 - Mar 2023: $277K Median sale price in Apr 2023 - Jun 2023: $298K Median sale price in Jul 2023 - Sep 2023: $297K Median sale price in Oct 2023 - Dec 2023: $269K Median sale price in Jan 2024 - Mar 2024: $174K Median sale price in Apr 2024 - Jun 2024: $345K Median sale price in Jul 2024 - Sep 2024: $315K Median sale price in Oct 2024 - Dec 2024: $366K Median sale price in Jan 2025 - Mar 2025: $325K Median sale price in Apr 2025 - Jun 2025: $359K Median sale price in Jul 2025 - Sep 2025: $334K Median sale price in Oct 2025 - Dec 2025: $282K Median sale price in Jan 2026 - Mar 2026: $308K Median sale price in Apr 2026 - Jun 2026: $297K Median list price in Jul 2021 - Sep 2021: $300K Median list price in Oct 2021 - Dec 2021: $281K Median list price in Jan 2022 - Mar 2022: $250K Median list price in Apr 2022 - Jun 2022: $315K Median list price in Jul 2022 - Sep 2022: $312K Median list price in Oct 2022 - Dec 2022: $300K Median list price in Jan 2023 - Mar 2023: $315K Median list price in Apr 2023 - Jun 2023: $288K Median list price in Jul 2023 - Sep 2023: $268K Median list price in Oct 2023 - Dec 2023: $270K Median list price in Jan 2024 - Mar 2024: $324K Median list price in Apr 2024 - Jun 2024: $325K Median list price in Jul 2024 - Sep 2024: $300K Median list price in Oct 2024 - Dec 2024: $335K Median list price in Jan 2025 - Mar 2025: $340K Median list price in Apr 2025 - Jun 2025: $330K Median list price in Jul 2025 - Sep 2025: $285K Median list price in Oct 2025 - Dec 2025: $275K Median list price in Jan 2026 - Mar 2026: $325K Median list price in Apr 2026 - Jun 2026: $272K Jul 2021 - Sep 2021 Median sale price $335K Median list price $300K Oct 2021 - Dec 2021 Median sale price $291K Median list price $281K Jan 2022 - Mar 2022 Median sale price $267K Median list price $250K Apr 2022 - Jun 2022 Median sale price $328K Median list price $315K Jul 2022 - Sep 2022 Median sale price $299K Median list price $312K Oct 2022 - Dec 2022 Median sale price $308K Median list price $300K Jan 2023 - Mar 2023 Median sale price $277K Median list price $315K Apr 2023 - Jun 2023 Median sale price $298K Median list price $288K Jul 2023 - Sep 2023 Median sale price $297K Median list price $268K Oct 2023 - Dec 2023 Median sale price $269K Median list price $270K Jan 2024 - Mar 2024 Median sale price $174K Median list price $324K Apr 2024 - Jun 2024 Median sale price $345K Median list price $325K Jul 2024 - Sep 2024 Median sale price $315K Median list price $300K Oct 2024 - Dec 2024 Median sale price $366K Median list price $335K Jan 2025 - Mar 2025 Median sale price $325K Median list price $340K Apr 2025 - Jun 2025 Median sale price $359K Median list price $330K Jul 2025 - Sep 2025 Median sale price $334K Median list price $285K Oct 2025 - Dec 2025 Median sale price $282K Median list price $275K Jan 2026 - Mar 2026 Median sale price $308K Median list price $325K Apr 2026 - Jun 2026 Median sale price $297K Median list price $272K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
17
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Apr 2026 - Jun 2026).

Inventory in Bancroft has tightened noticeably in this rolling three-month window. Active listings are down nearly 28% from a year ago, and new listings have fallen by about 44%, signaling fewer options coming to market. Months of supply has dropped sharply year over year, sitting near one month and underscoring limited availability compared with the broader Minneapolis market, which has 2.4 months of supply.

Contract activity shows mixed signals as demand adjusts to this lower inventory. Homes sold are only slightly below last year, but pending sales are down about 39%, suggesting fewer new contracts despite the constrained supply. Even with that slowdown in new deals, homes that do sell are moving in a median of just 16 days, and more than half are going under contract within two weeks, reflecting that well-priced properties still draw quick interest.

Pricing has softened compared with last year’s highs, even as competition for available homes remains clear. The typical home value is down more than 17% year over year, and the median list price has declined by a similar margin, yet nearly half of recent sales still close above the asking price and the average sale-to-list ratio hovers just above 101%. With local trends in Bancroft differing from the broader Minneapolis picture, both buyers and sellers can benefit from Agent Pronto’s help in finding an agent who understands how to navigate this specific market.



Learn more about what Bancroft has to offer.

Bancroft offers residents a welcoming, tight-knit community with walkable streets, convenient amenities, ample green spaces, and opportunities to connect through neighborhood events and everyday life.

Bancroft in Minneapolis stands out from nearby neighborhoods like Powderhorn Park and Central by feeling quietly residential yet closely connected to city energy. Tree-lined streets, modest early 20th century homes, and long-time residents create a grounded sense of stability that appeals to both first-time buyers and those looking to stay for years.

The neighborhood’s heart is Bancroft Meadows, a green space with play areas and community gardens highlighted by Minneapolis Park & Recreation Board. Nearby Phelps Park and its recreation center add more options for sports, programs, and gatherings. Families value access to Bancroft Elementary School and the broader Minneapolis Public Schools system, while the Hosmer Library offers cultural events, classes, and study space close by.

Residents enjoy easy access to coffee, global dining, and small businesses along Chicago Avenue and Lake Street, as well as quick connections to Metro Transit routes that link Bancroft with downtown and Longfellow. Proximity to Lake Nokomis and the citywide bike network supports an active lifestyle without giving up neighborhood calm.

Because Bancroft remains in demand yet relatively attainable within Minneapolis, timing and preparation matter for both sides of a transaction. Agent Pronto can connect buyers and sellers with a local real estate professional who understands Bancroft’s housing stock, pricing trends, and how to position a move at the right moment.

Find your Bancroft real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Stephanie was responsive and forthright throughout the sale process. She priced my property well and responded quickly to get showings scheduled right away. Every question I had was answered throughly and in a timely manner. The stager and photographer that she recommended did a fantastic job. I hightly recommend Stephanie's services!”

Beth · St. Paul, MN

Photo of Stephanie Wimber
RE/MAX Advantage Plus
“I purchased my first home with the help of Heather Warner. From a quick google search of realators specializing in first time homebuyers I found the Barker Hedges team which led me to Heather. Leaning heavily on her experience I had unwavering faith in her to provide valuable consultation in all aspects of the house buying process. Strongly reccomend Heather to any homebuyers. She simplified the process for me tremedously and will was extremely honest in the house touring process. She will be a strong voice for you communicating at a very high level.”

Nate · Blaine, MN

Photo of Heather Warner
RE/MAX REMAX Results
“The team was efficient, thoughtful, disciplined and committed. The access to immediate contractor support was also helpful.”

PCG · Rochester, MN

Photo of Deanna Brumbaugh
RE/MAX Advantage Plus
“I had an exceptional experience working with my real estate agent in selling my house in Plymouth, Minnesota. He provided invaluable advice on repairs, staging, and pricing, ensuring that every aspect of the sale was optimized. He even took the time to show me comparable properties, helping me determine the best listing price. Thanks to his expertise and dedication, I’m taking the time to leave reviews on multiple websites. I couldn’t have asked for a better realtor.”

Josh · Plymouth, MN

Photo of Minnesota Property Group
RE/MAX Results
“Amy was very helpful and knowledgeable. Everything went well.”

Barbara S. · Minneapolis, MN

Photo of Amy Westerlund
Keller Williams Premier Realty
“Christina was an excellent Realtor to work with. Everything went very smoothly from start to finish.”

Dave K. · North Saint Paul, MN

Photo of Christina Chatlain
Keller Williams Premier Realty
“My family enjoyed working with Polina! She was friendly and always kept things real! She was more then just an agent!! Polina, was always easy to communicate with and promptly answered any questions or concerns!”

Heather · Inver Grove Heights, MN

Photo of The Kilpela Group
National Realty Guild
“This service was fast and easy to use. I ended up using the first realtor that came up, and she turned out to be just fabulous.”

Gregg D. · West Saint Paul, MN

Photo of Misty May & Team
Coldwell Banker Realty
“Working with Chad was a joy. He was very open to what my selling process would be like. I would definitely use Chad again for any home buying/selling needs.”

Fred L. · Hastings, MN

Photo of Chad Baker
RE/MAX Advantage Plus
“Collin really took the time to make sure we understood everything about the process of buying our home. He was patient with us and never pressured us into settling.”

Jade Erickson · St. Paul, MN

Photo of Collin Vold
EXP Realty MN

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Bancroft. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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