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Banner Elk, NC Real Estate & Property Data

Banner Elk Real Estate Market Trends

Last Updated: August 30, 2025

Accurate and comprehensive real estate data is critical for insight into Banner Elk, NC 28604. ATTOM’s Banner Elk real estate data is updated daily, and current market trends show that in Banner Elk, NC a total of 606 residential properties have sold over the past year. With a median home price of $719,000 in Banner Elk. Get detailed property data for Banner Elk, NC instantly. ATTOM is your one-stop-shop for the Banner Elk property reports and real estate data you need in Banner Elk, NC.

Banner Elk Real Estate Market Trends

Get property data for any address in Banner Elk, NC or the country:

Total Residential Properties 12,090

Total Commercial Properties 411

Avg. Home Age (Single Family Home) 36 Years

Avg. Square Feet (Single Family Home) 2,169

Total 2025 Residential Sales (year-to-date) 248

% of Homes Seriously Underwater (Q3 2025) 0.91%

Total 2024 Residential Sales 606

% of Equity Rich Homes (Q3 2025) 20.84%

Effective 2024 Property Tax 0.33%

Total Foreclosure Filings (year-to-date) 4

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Banner Elk, NC 28604 Real Estate Overview

There were 606 residential properties sold in the past year in Banner Elk, NC 28604. The median home value in Banner Elk, NC 28604 is $428,800. There are a total of 12,090 residential properties in the 28604.

Median Sales Price i

$719,000

(Jun 2025)

+55.5%

year-over-year

y-o-y

June '25 Jun '25 $719,000
May '25 May '25 $610,000
April '25 Apr '25 $597,500
March '25 Mar '25 $450,000
February '25 Feb '25 $482,500
January '25 Jan '25 $340,000
December '24 Dec '24 $1,191,000
November '24 Nov '24 $618,000
October '24 Oct '24 $550,000
September '24 Sep '24 $612,500
August '24 Aug '24 $532,500
July '24 Jul '24 $675,000

Median Down Payment i

$145,000

(Jun 2025)

+42.8%

year-over-year

y-o-y

June '25 Jun '25 $145,000
May '25 May '25 $176,585
April '25 Apr '25 $183,750
March '25 Mar '25 $94,400
February '25 Feb '25 $133,125
January '25 Jan '25 $79,000
December '24 Dec '24 $225,000
November '24 Nov '24 $92,700
October '24 Oct '24 $148,750
September '24 Sep '24 $147,000
August '24 Aug '24 $126,655
July '24 Jul '24 $185,625

Number of Homes Sold i

50

(Jun 2025)

+28.2%

year-over-year

y-o-y

June '25 Jun '25 50
May '25 May '25 49
April '25 Apr '25 45
March '25 Mar '25 39
February '25 Feb '25 35
January '25 Jan '25 30
December '24 Dec '24 43
November '24 Nov '24 34
October '24 Oct '24 50
September '24 Sep '24 68
August '24 Aug '24 68
July '24 Jul '24 56

Number of Purchase Loans i

21

(Jun 2025)

+61.5%

year-over-year

y-o-y

June '25 Jun '25 21
May '25 May '25 19
April '25 Apr '25 18
March '25 Mar '25 15
February '25 Feb '25 10
January '25 Jan '25 15
December '24 Dec '24 16
November '24 Nov '24 13
October '24 Oct '24 18
September '24 Sep '24 20
August '24 Aug '24 26
July '24 Jul '24 16

Number of REFI Loans i

14

(Jun 2025)

+100%

year-over-year

y-o-y

June '25 Jun '25 14
May '25 May '25 8
April '25 Apr '25 8
March '25 Mar '25 8
February '25 Feb '25 13
January '25 Jan '25 6
December '24 Dec '24 6
November '24 Nov '24 8
October '24 Oct '24 10
September '24 Sep '24 9
August '24 Aug '24 5
July '24 Jul '24 5

Number of HELOC Loans i

7

(Jun 2025)

-30%

year-over-year

y-o-y

June '25 Jun '25 7
May '25 May '25 2
April '25 Apr '25 1
March '25 Mar '25 3
February '25 Feb '25 3
January '25 Jan '25 3
December '24 Dec '24 3
November '24 Nov '24 3
October '24 Oct '24 1
September '24 Sep '24 6
August '24 Aug '24 6
July '24 Jul '24 3

Banner Elk, NC 28604 Real Estate Market Overview

Last 30 days

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Banner Elk, NC 28604 Foreclosure Activity

Total Foreclosure Filings i

June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 1
March '25 Mar '25 N/A
February '25 Feb '25 N/A
January '25 Jan '25 3
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 1
July '24 Jul '24 N/A

Foreclosure Starts i

June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 N/A
January '25 Jan '25 2
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A

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