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Banner Elk, NC Real Estate & Property Data

Banner Elk Real Estate Market Trends
Last Updated: April 22, 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 618 residential properties have sold over the past year. With a median home price of $482,500 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 12,078
Total Commercial Properties 410
Avg. Home Age (Single Family Home) 36 Years
Avg. Square Feet (Single Family Home) 2,169
Total 2025 Residential Sales (year-to-date) 63
% of Homes Seriously Underwater (Q2 2025) 0.81%
Total 2024 Residential Sales 606
% of Equity Rich Homes (Q2 2025) 21.89%
Effective 2024 Property Tax 0.29%
Total Foreclosure Filings (year-to-date) 3
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Banner Elk, NC 28604 Real Estate Overview

There were 618 residential properties sold in the past year in Banner Elk, NC 28604. The median home value in Banner Elk, NC 28604 is $440,230. There are a total of 12,078 residential properties in the 28604.

Median Sales Price i
$482,500
(Feb 2025)
+23.2%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • 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 $700,000
  • June '24 Jun '24 $462,500
  • May '24 May '24 $575,000
  • April '24 Apr '24 $395,000
  • March '24 Mar '24 $469,500
Median Down Payment i
$133,125
(Feb 2025)
+82.4%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • 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 $175,000
  • June '24 Jun '24 $101,540
  • May '24 May '24 $120,050
  • April '24 Apr '24 $60,000
  • March '24 Mar '24 $220,000
Number of Homes Sold i
33
(Feb 2025)
-25%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 33
  • January '25 Jan '25 30
  • December '24 Dec '24 43
  • November '24 Nov '24 34
  • October '24 Oct '24 50
  • September '24 Sep '24 67
  • August '24 Aug '24 68
  • July '24 Jul '24 56
  • June '24 Jun '24 39
  • May '24 May '24 45
  • April '24 Apr '24 43
  • March '24 Mar '24 66
Number of Purchase Loans i
10
(Feb 2025)
+11.1%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • 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 15
  • June '24 Jun '24 13
  • May '24 May '24 18
  • April '24 Apr '24 17
  • March '24 Mar '24 22
Number of REFI Loans i
12
(Feb 2025)
+71.4%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 12
  • January '25 Jan '25 6
  • December '24 Dec '24 6
  • November '24 Nov '24 8
  • October '24 Oct '24 10
  • September '24 Sep '24 8
  • August '24 Aug '24 5
  • July '24 Jul '24 5
  • June '24 Jun '24 7
  • May '24 May '24 14
  • April '24 Apr '24 4
  • March '24 Mar '24 8
Number of HELOC Loans i
3
(Feb 2025)
+50%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • 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 2
  • June '24 Jun '24 10
  • May '24 May '24 4
  • April '24 Apr '24 2
  • March '24 Mar '24 6

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
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • 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
  • June '24 Jun '24 2
  • May '24 May '24 N/A
  • April '24 Apr '24 N/A
  • March '24 Mar '24 N/A
Foreclosure Starts i
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • 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
  • June '24 Jun '24 2
  • May '24 May '24 N/A
  • April '24 Apr '24 N/A
  • March '24 Mar '24 N/A
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