C-
64%
Med. Home Val. NAT. AVG.
13%
Rent NAT. AVG.
1%
Owner Occ. NAT. AVG.
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Banner Elk Housing Information

IndexBanner ElkNorth CarolinaNational
Median home price$302,200$157,100$184,700
Median rent asked$821$816$949
Avg. people per household1.72.52.6
Owner occupied households64.5%64.8%63.6%
Renter occupied households35.5%35.2%36.4%
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Housing Quick Facts

  • The median home price in Banner Elk is 64% higher than the national average.
  • The median rent asked in Banner Elk is 13% lower than the national average.
  • The average number of people per household in Banner Elk is 36% lower than the national average.
  • The number of owner occupied households in Banner Elk is 1% higher than the national average.
  • The number of renter occupied households in Banner Elk is 2% lower than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Elk Park, NC495$120,00035%
      Roan Mountain, TN1,064$136,20026%
      Crossnore, NC146$158,80014%
      Newland, NC710$178,9003%
      Cove Creek, NC1,087$215,70017%
      Banner Elk, NC1,473$302,20064%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Pennsboro, WV1,473$56,80069%
      Belle Plaine, KS1,473$77,70058%
      Crownsville, MD1,473$514,900179%
      Ontonagon, MI1,474$64,90065%
      Poultney, VT1,474$139,40025%
      Banner Elk, NC1,473$302,20064%
      Source: The Banner Elk, NC housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).