Banner Elk, NC Housing Statistics

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C-

63%

Med. Home Val. NAT. AVG.

13%

Rent NAT. AVG.

1%

Owner Occ. NAT. AVG.

Banner Elk Housing Information

Index	Banner Elk	North Carolina	National
Median home price	$533,363	$289,477	$326,622
Median rent asked	$1,257	$1,233	$1,444
Avg. people per household	1.7	2.5	2.6
Owner occupied households	64.5%	64.8%	63.6%
Renter occupied households	35.5%	35.2%	36.4%

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Homes For Sale In Banner Elk, NC

S105 Talon Trl

Beech Mountain, NC

ES-10 Eagle Springs Trl

, NC

TBD Ed Perry Ln NC Ed Perry Ln

, NC

830 Tweetsie Ln W

Banner Elk, NC

Housing Quick Facts

The median home price in Banner Elk is 63% 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

	Population	Home Price	National Avg.
Elk Park, NC	514	$217,425	33%
Roan Mountain, TN	1,088	$246,549	25%
Crossnore, NC	151	$283,082	13%
Newland, NC	728	$324,092	1%
Cove Creek, NC	1,119	$388,831	19%
Banner Elk, NC	1,525	$533,363	63%

Cities with similar population

	Population	Home Price	National Avg.
Mars, PA	1,525	$315,387	3%
Herscher, IL	1,525	$302,137	7%
Montgomery, PA	1,526	$200,105	39%
Warren Park, IN	1,526	$257,523	21%
Island Heights, NJ	1,526	$750,717	130%
Banner Elk, NC	1,525	$533,363	63%

Source: The Banner Elk, NC housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.