Real Estate Data > US real estate data > North Carolina > Watauga County > Banner Elk

Banner Elk, NC Real Estate & Property Data

Banner Elk Real Estate Market Trends

Last Updated: April 28, 2024

Accurate and comprehensive real estate data is critical for insight into Banner Elk, NC. ATTOM’s Banner Elk real estate data is updated daily, and current market trends show that in Banner Elk, NC a total of 789 residential properties have sold over the past year. With a median home price of $418,000 in Banner Elk and a total of 1 foreclosures. 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 12,013

Total Commercial Properties 406

Avg. Home Age (Single Family Home) 36 Years

Avg. Square Feet (Single Family Home) 2,155

Total 2024 Residential Sales (year-to-date) 88

% of Homes Seriously Underwater (Q2 2024) 0.82%

Total 2023 Residential Sales 741

% of Equity Rich Homes (Q2 2024) 22.74%

Effective 2023 Property Tax 0.23%

Total Foreclosure Filings (year-to-date) 1

Banner Elk, NC Real Estate Overview

There were 789 residential properties sold in the past year in Banner Elk, NC. The median home value in Banner Elk, NC is $407,450. There are a total of 12,013 residential properties in the Banner Elk.

Median Sales Price i

$418,000

(Feb 2024)

-26.3%

year-over-year

y-o-y

February '24 Feb '24 $418,000
January '24 Jan '24 $481,000
December '23 Dec '23 $720,500
November '23 Nov '23 $472,500
October '23 Oct '23 $592,500
September '23 Sep '23 $615,000
August '23 Aug '23 $460,000
July '23 Jul '23 $545,000
June '23 Jun '23 $568,250
May '23 May '23 $434,500
April '23 Apr '23 $729,000
March '23 Mar '23 $640,000

Median Down Payment i

$136,500

(Feb 2024)

+9.2%

year-over-year

y-o-y

February '24 Feb '24 $136,500
January '24 Jan '24 $132,187
December '23 Dec '23 $173,000
November '23 Nov '23 $148,375
October '23 Oct '23 $192,075
September '23 Sep '23 $187,000
August '23 Aug '23 $76,725
July '23 Jul '23 $100,500
June '23 Jun '23 $107,875
May '23 May '23 $102,125
April '23 Apr '23 $194,710
March '23 Mar '23 $112,000

Number of Homes Sold i

36

(Feb 2024)

-18.2%

year-over-year

y-o-y

February '24 Feb '24 36
January '24 Jan '24 52
December '23 Dec '23 44
November '23 Nov '23 72
October '23 Oct '23 60
September '23 Sep '23 83
August '23 Aug '23 84
July '23 Jul '23 77
June '23 Jun '23 66
May '23 May '23 66
April '23 Apr '23 52
March '23 Mar '23 53

Number of Purchase Loans i

8

(Feb 2024)

-71.4%

year-over-year

y-o-y

February '24 Feb '24 8
January '24 Jan '24 19
December '23 Dec '23 17
November '23 Nov '23 28
October '23 Oct '23 20
September '23 Sep '23 25
August '23 Aug '23 28
July '23 Jul '23 28
June '23 Jun '23 21
May '23 May '23 24
April '23 Apr '23 21
March '23 Mar '23 23

Number of REFI Loans i

7

(Feb 2024)

+16.7%

year-over-year

y-o-y

February '24 Feb '24 7
January '24 Jan '24 4
December '23 Dec '23 4
November '23 Nov '23 9
October '23 Oct '23 10
September '23 Sep '23 12
August '23 Aug '23 10
July '23 Jul '23 6
June '23 Jun '23 8
May '23 May '23 10
April '23 Apr '23 8
March '23 Mar '23 4

Number of HELOC Loans i

2

(Feb 2024)

-50%

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 2
December '23 Dec '23 1
November '23 Nov '23 9
October '23 Oct '23 4
September '23 Sep '23 3
August '23 Aug '23 5
July '23 Jul '23 2
June '23 Jun '23 5
May '23 May '23 9
April '23 Apr '23 5
March '23 Mar '23 8

Banner Elk, NC Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

28604
$407,450 $189.08/sqft

Banner Elk, NC Foreclosure Activity

There were a total of 1 Banner Elk, NC properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

1

(Feb 2024)

February '24 Feb '24 1
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 1
September '23 Sep '23 N/A
August '23 Aug '23 2
July '23 Jul '23 N/A
June '23 Jun '23 1
May '23 May '23 1
April '23 Apr '23 N/A
March '23 Mar '23 1

Foreclosure Starts i

1

(Feb 2024)

February '24 Feb '24 1
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 1
September '23 Sep '23 N/A
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 1
May '23 May '23 1
April '23 Apr '23 N/A
March '23 Mar '23 N/A

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 1
July '23 Jul '23 1
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

Nearby Cities

Interested in growing your business with Banner Elk, NC property data?

Contact Us Now!
Call (800) 692-2596 — or fill out this form and we’ll be in touch shortly.