Banner Elk, NC
City market trends and history
Public Record
Median Sale Price
$553.1K
12-Month Sales
50
-25.9%
1-Year Appreciation
-25.9%
Properties Tracked
3,526
Median Sale Price History
Top Neighborhoods
| Name | Median |
|---|
Top Neighborhoods by Activity
| Neighborhood | Sales 12mo | Median |
|---|
Top ZIP Codes
| ZIP | Sales 12mo | Median |
|---|
Recent Sales
| Date | Address | Price |
|---|---|---|
| May 6, 2026 | Wapiti Way Unit 9D | $400K |
| Apr 6, 2026 | 11 MONTEAGLE RD LOT 11 | $150K |
| Mar 31, 2026 | High Country Overlook | $1.18M |
| Mar 5, 2026 | Painter Rd | $265K |
| Feb 26, 2026 | Hawthorn Rd | $730K |
| Feb 5, 2026 | Adams Apple Dr | $515K |
| Jan 20, 2026 | Laurel Ridge Rd | $370K |
| Dec 31, 2025 | Gilliam Rd | $825K |
| Dec 31, 2025 | LARKSPUR TRL LOT 41 | $531K |
| Dec 23, 2025 | Puddingstone Pkwy | $79.9K |
| Dec 11, 2025 | Horse Bottom Rd | $580K |
| Dec 11, 2025 | Horse Bottom Rd | $580K |
| Dec 10, 2025 | WOODTHRUSH WAY | $50K |
| Dec 9, 2025 | Creekside Dr Unit B | $200K |
| Dec 9, 2025 | Elk Hill Dr Unit 4 | $162.5K |
| Dec 5, 2025 | Laurel Ridge Rd | $290K |
| Nov 21, 2025 | Hickory Nut Gap Rd | $570K |
| Nov 20, 2025 | Wapiti Way Unit C | $585K |
| Oct 27, 2025 | Covered Bridge Rd | $490K |
| Oct 24, 2025 | Humpview Trl | $129K |
4-Quarter Forecast
Linear projection from past trendQuarterly trend
-2.8%
Implied 1-yr
-11.0%
2026 Q3
$543.6K
2026 Q4
$525.3K
Median Price — History + Forecast
Property type mix
Share by property type
Year-built distribution
Properties by build era
Map
Recent top sales — most expensive
| Address | Sale date | Sale price |
|---|---|---|
| 1352 ROCKROSE RD | Jun 6, 2023 | $4,700,000 |
| Holly Ln | Jun 21, 2024 | $3,950,000 |
| Raptor Ct | Apr 3, 2024 | $3,650,000 |
| 1352 ROCKROSE RD | Apr 6, 2021 | $3,600,000 |
| Summit Park Dr | Nov 14, 2023 | $3,200,000 |
| Turks Cap | Mar 14, 2022 | $3,200,000 |
| Eagles Nest Trl | Mar 23, 2023 | $3,150,000 |
| Elk River Pkwy | Jul 11, 2024 | $2,943,200 |
| Equestrian Dr | Jun 8, 2022 | $2,775,000 |
| Rominger Rd | Apr 11, 2024 | $2,500,000 |
How Banner Elk compares
| Metric | Banner Elk | North Carolina avg | US avg |
|---|---|---|---|
| Median price | $553.1K | $490K | $535.4K |
| 1-year change | -25.9% | +8.3% | -5.4% |
| Sales (12mo) | 50 | 13,779 | — |
| Median sqft | — | — | — |
Other cities in North Carolina
How Banner Elk ranks in North Carolina
1-year appreciation
#349 of 711
Median price
#130 of 711
Frequently asked about Banner Elk
What is the median sale price in Banner Elk, NC?
The median sale price in Banner Elk over the last 12 months is $553.1K, based on 50 transactions.
How fast are home prices appreciating in Banner Elk?
Banner Elk home prices have changed -25.9% year-over-year on a median basis.
How many sales happen each year in Banner Elk?
Roughly 50 home sales were recorded in Banner Elk over the trailing 12 months.
What types of properties are most common in Banner Elk?
single_family is the most common property type tracked in Banner Elk.
When were most homes in Banner Elk built?
Most homes in Banner Elk were built in the 2000-2009 era.