$317,332Average Value$210Average Price per Sq Ft7Homes For Sale
Bancroft blends a suburban feel with a convenient location
Bancroft is a neighborhood in south Minneapolis where most homes date back to the early 1920s. The quiet area has few businesses and a suburban feel, but several of the region’s top restaurants are nearby, as are large green spaces like Minnehaha Regional Park. A community garden and the Bancroft Meridian Food Forest reflect residents’ support of one another. Students are served by highly rated schools, and downtown fun is around 4 miles away, accessible by car or by bus.
Bancroft is south of downtown Minneapolis.
Bancroft residents walk their dogs no matter the weather.
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What homebuyers often pay for Craftsman-style bungalows
In Bancroft, housing tells a consistent story. Many of the neighborhood’s homes were built in the early 1920s, with Craftsman-style bungalows as a defining look, and detached garages and fenced backyards as common features. Prices for these houses can range from the mid-$200,000s to the mid-$400,000s. Houses built between 1925 and 1960, including American Foursquares and ramblers, often sell between the upper $200,000s and the mid-$400,000s, and duplexes can run from less than $100,000 to the lower $600,000s. The neighborhood’s prices tend to be in line with Powderhorn Park to the north, but lower than in surrounding communities like Standish, Bryant and Northrop. “Inventory is low and the market is highly competitive – homes are selling in the first week unless they’re overpriced,” says Michael Smith, a Realtor with Anderson Realty.
Ramblers can be found in Bancroft.
Bungalows are found throughout Bancroft.
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Bancroft Elementary School serves the community.
Students have highly rated public and private school options
Students in Bancroft are zoned for the Minneapolis Public School District, which has a B Niche grade. Bancroft Elementary School is in the neighborhood, and South High School has an extensive world language department with classes teaching French, Spanish, Arabic, Somali, Dakota and Ojibwe. Private options include Lake Country School, a nearby Montessori-based school for prekindergarten through eighth grade that earns an A from Niche.
You can quickly get downtown or to the airport
It’s possible to get around Bancroft with or without a car. Interstate 35W is close to the neighborhood and can take drivers toward downtown, where companies like U.S. Bank have their headquarters, and the Minnesota Timberwolves and Lynx play basketball at the Target Center. It’s about a 4-mile drive that takes 10-25 minutes, depending on traffic. Metro Transit sends multiple bus routes through the area. Riders can get downtown in 30-45 minutes. There’s also a Metro Transit light rail station nearby that connects to Minneapolis-Saint Paul International Airport, roughly 7 miles out.
Bancroft has multiple Metro Transit bus stops.
The Metro Transit light rail can get riders to the airport.
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Play sports, go fishing or take pictures in front of a waterfall
Residents can quickly get to large green spaces like Powderhorn Park, where visitors can play sports or go fishing. The park also allows ice skating on its lake each winter. Phelps Field Park and 40th Street Park also have sports courts and playgrounds. A few miles away is Minnehaha Regional Park, one of the city's oldest parks — and one of its most popular. People from across the city come to take pictures at Minnehaha Falls, a 53-foot waterfall, and park trails allow for jogging and biking along Minnehaha Creek and the Mississippi River. South of the area, Lake Nokomis Park has two public beaches, a fishing pier and canoe rentals, with paved paths circling the lake. Inside the neighborhood, Bancroft Meadows is a small open space with a picnic area and walking paths, which people can explore with their pets.
Anglers can fish off a pier at Lake Nokomis Park.
Minnehaha Falls is the must-see attraction at Minnehaha Regional Park.
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The Bancroft Neighborhood Association supports the community
The Bancroft Neighborhood Association hosts several gatherings throughout the year. Some of the biggest annual events are a neighborhood-wide garage sale and an ice cream social. The association also oversees a community garden, where residents can apply for their own plots, and the Bancroft Meridian Food Forest, which has fruits and herbs for everyone.
Try a famous burger or freshly baked doughnuts
Bancroft is within a few miles of some of the most popular dining options in the region. You can grab a bite at spots like:
Matt's Bar, a dive famous for its Jucy Lucy burger stuffed with molten cheese
A Baker’s Wife, a pastry shop with doughnuts, cakes and other goods
The Lowbrow, a casual spot focused on comfort food
Hola Arepa, a restaurant specializing in Venezuelan-style arepas and cocktails
Midtown Global Market, an indoor hub of international food vendors
Residents can pick up groceries at nearby stores like Unity Foods, Aldi and the Seward Community Co-op.
Mama Sheila's House of Soul is a favorite for soul food.
The Lowbrow, just west of Bancroft, is known for its comfort food.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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Minneapolis-St Paul International/Wold-Chamberlain
16 min drive
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38Th St E & 10Th Ave S
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38Th St E & 16Th Ave S
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38Th St E & Bloomington Ave S
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Bancroft Demographics and Home Trends
On average, homes in Bancroft, Minneapolis sell after 38 days on the market compared to the national average of 55 days. The median sale price for homes in Bancroft, Minneapolis over the last 12 months is $300,000, down 10% from the median home sale price over the previous 12 months.
Come enjoy South Minneapolis living in this beautiful 4 bed, 2 bath brick home right in the middle of it all. Enjoy relaxing in the spacious sunroom, directly off the dining area and kitchen, lending to an open feel. The lower level is beautifully finished with huge walk in closets and a lovely bath, creating a luxurious master suite. The top floor can be a bedroom, or serve as an expansive bonus
Fully Renovated Fourplex | Turn-Key Investment Opportunity | Prime South Minneapolis LocationExceptional opportunity to own a recently renovated fourplex in the heart of South Minneapolis. This well-maintained multifamily property has undergone extensive interior and exterior improvements, making it a strong turn-key investment with additional value-add potential.The exterior has been
This is the one you've been waiting for! A fantastic investment opportunity. The unit has great flow with the kitchen opening to the informal dining room and spacious living room, making entertaining a joy! Curl up with your morning coffee on your patio or go sit by the beautiful outdoor pool. The primary bedroom is spacious with two large closets. The second bedroom makes for a fantastic guest
Robin VoreisKeller Williams Realty Integrity Lakes
Priced for quick sale and a great value for the footage and specs! A storybook facade sets the tone for this quintessential South Minneapolis four-bedroom, two-bathroom home and the interior delivers just as much character. The main level showcases original hardwood floors, coved ceilings, two bedrooms, a full bath, and a spacious kitchen and dining room made for everyday living. Upstairs, a loft
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Rare two-bedroom corner unit vacancy in vibrant community at Bush Terrace condominiums. Fabulous central location in the heart of South Minneapolis near numerous small businesses, eateries, cafes, parks, and entertainment. Short walk to Minnehaha Parkway to enjoy the great outdoors year-round and within only a few blocks of public transportation in either east or west direction. Cats permitted.
Updated side-by-side duplex offering a versatile opportunity for both owner-occupants and investors! Each unit features 2 bedrooms and 2 full bathrooms with modern finishes, updated kitchens, comfortable living spaces, and finished lower-level areas. Previously operated as furnished short-term rentals, the property offers flexibility to continue as an investment, transition to long-term rentals,
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This home is currently occupied and we are showing with approved applications only. Photos and video are located on the Guardian Property Management website.We are looking for a 20-24 month lease to start, something ending in Spring/Summer 2028. Walking in the front door of this home you will find a living room with small sun room which can be used as on office or sitting area.
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