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Image 1 - 506 Bancroft Way, Franklin, Tennessee, 37064 - House for sale

Image 2 - 506 Bancroft Way, Franklin, Tennessee, 37064 - House for sale

Image 3 - 506 Bancroft Way, Franklin, Tennessee, 37064 - House for sale

Image 4 - 506 Bancroft Way, Franklin, Tennessee, 37064 - House for sale

Image 5 - 506 Bancroft Way, Franklin, Tennessee, 37064 - House for sale

Image 6 - 506 Bancroft Way, Franklin, Tennessee, 37064 - House for sale

Image 7 - 506 Bancroft Way, Franklin, Tennessee, 37064 - House for sale

Image 8 - 506 Bancroft Way, Franklin, Tennessee, 37064 - House for sale

Bancroft Way, Franklin, Home For Sale

506 Bancroft Way, Franklin, Tennessee, 37064

Bancroft Way, Franklin, Home For Sale

house for sale

Listed: 06/29/24

506 Bancroft Way, Franklin, Tennessee, 37064

3 Bed:

3 Bath:

2,020 Sq Ft Living Area:

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Price

$ 725,000

Price: Average

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About This House

This beautiful 3-bed, 3-bath home with an optional 4th bedrm/bonus room upstairs, is located close to downtown Franklin, TN. Elegant bamboo flooring throughout the main floor. The living room includes built-in shelving and a cozy gas fireplace, providing both functionality and charm. The spacious covered deck has access from both the primary suite and the living room, making it ideal for outdoor relaxation and entertaining. The primary suite's bath features a separate shower and tub, with dual shower heads and built-in niches for added luxury. The large, flat fenced backyard has mature trees providing ample shade and is beautifully landscaped for added curb appeal. The home is updated with tankless water heater, fresh neutral paint and whole house water filtration. … Full description

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Franklin Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
Jun 2024	$730,779 (-7.7%)
May 2024	$792,162 (+7.9%)
Apr 2024	$733,920 (0%)
Mar 2024	$733,920 (0%)
Feb 2024	$733,920 (0%)
Jan 2024	$733,920 (+4.6%)

In June 2024, the asking price for 3 bed houses for sale in/near Franklin, United States averaged $730,779, a decrease of 7.7% from the previous month.

Median price trends for properties for sale in Franklin, United States as of June 2024.

Household Income

Median household income: $92,589

Number of households: 27,542

The average household income in Franklin, TN grew from $88,961 to $92,589 in the past year. This data is an estimate based upon 27,542 households in Franklin, TN.
The chart below presents how household income is distributed in Franklin, TN in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $2k-$3k

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Franklin, TN compared to median property taxes around the country. The prevalent amount of property taxes in Franklin, TN equals $2k-$3k , which is less than the national average.

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