Loading homes in Bancroft…

No listings match these filters in this area.

Try zooming out or widening your filters.

City in Ontario

Houses for sale under $1M in Bancroft

Looking for cheap houses for sale in Bancroft? 63 homes in Bancroft are listed for sale under $1M, which is 97% of everything for sale. Most are detached houses, and the most active neighbourhoods are Bancroft Ward and Dungannon Ward.

community-oriented affordable relaxed

4,065 people lived in Bancroft at the 2021 Census, in 1,800 households. 65% of households owned their home and 34% rented. The most common homes were single-detached houses (73%) and low-rise apartments (19%). 60% of homes were built before 1981, and 3% since 2011. 90% of commuters went to work by car and 0% by public transit.

Bancroft, Ontario

Houses for Sale in Bancroft Under $1M

Day to dayLivability

Walkability

out of 100 · averaged over 2,814 past and present listings

Average walk score reported on listings here

4.8

Schools near listings

out of 10 · averaged over 2,814 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$499,000

30% below Ontario

In Bancroft

$499,000

In Ontario

$716,900

Median monthly rent

$2,300/mo

8% below Ontario

In Bancroft

$2,300

In Ontario

$2,499

$970

Per square foot

≈ 18.1 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

Median $499,000

Houses 65

For rent

Median $2,300

Houses 3

Recently sold

Recently leased

Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

Affordable compared to provincial median prices
Good selection of local amenities
Community-oriented atmosphere
Low median days on market for sold homes

Keep in mind

Limited public transit options
Walkability score is average

The feel of the placeLifestyle

Daily life in Bancroft is relaxed, with access to parks and local shops. Residents enjoy a close-knit community vibe.

Great for first-time buyers families those seeking a quiet lifestyle

Within the boundaryWhat's nearby

The boundary

251.2 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

Parks

Playgrounds

Grocery stores

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 251.2 km² of Bancroft. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

5.1/10

Average rating of the 3 rated schools in this area

Elementary

Secondary

Our Lady of Mercy Catholic School
Catholic · Grades JK–8 · Algonquin and Lakeshore CDSB
5.9/10
1,664th of 3,045 Ontario elementary schools
255 students · EQAO 2024-2025
York River Public School
Public · Grades 1–8 · Hastings and Prince Edward DSB
5.8/103.2 over 5 yrs
1,729th of 3,045 Ontario elementary schools
205 students · EQAO 2024-2025
North Hastings High School
Public · Grades 9–12 · Hastings and Prince Edward DSB
3.5/104.0 over 5 yrs
682nd of 742 Ontario secondary schools
450 students · EQAO 2024-2025
North Hastings High School - Elementary (Elementary)
Public · Grades 7–8 · Hastings and Prince Edward DSB
Not rated
175 students

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Bancroft, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

4,065

Population (2021)

227.5 km²

Area

People per km²

55.5

Median age

$57,952

Median income

65%

Own their home

2.2

People per household

1,800

Households

Every age

Children (under 15)12.2%
Working age (15–64)53.8%
Seniors (65+)34.0%

What is built here

Detached houses72.5%
Semi-detached1.1%
Townhouses3.9%
Duplexes2.8%
Low-rise apartments19.4%

Own or rent

65%Owners

34%Renters

Across 1,800 households

When it was built

Mostly 1961–1980

1960 or earlier28%
1961–198032%
1981–199018%
1991–200011%
2001–20053%
2006–20103%
2011–20152%
2016–20212%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

5.7%
Born outside Canada: 9.5%
Hold a degree or higher: 41.2%
Employment rate: 0%
Commute by transit: 90.2%
Commute by car: 1.7
Children per family: $53,558
Median income after tax: $73,503
Average household income: 19.7%
Living on a low income: $798/mo
Renters pay, per month: $909/mo
Owners pay, per month: $363,002
Median home value at census: 25.3%
Renters spending 30%+ of income on housing: 15.5%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 6 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)

Questions, answered

Common questions about houses for sale under $1M in Bancroft

How many homes in Bancroft sell for under $1M?

63 homes in Bancroft are listed for sale under $1M today, 97% of the 65 homes for sale. Their median asking price is $499,000.

All homes for sale in Bancroft

What kind of home can I buy in Bancroft for under $1M?

Under $1M, Bancroft has detached houses (38) and vacant lots (19) for sale. Most range from studios to 5 bedrooms.

Houses for sale in Bancroft

Keep looking

More Homes for Sale in Bancroft

65 homes are for sale in Bancroft. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.

At a glance