Banner Elk Real Estate Market
The median sale price for homes in Banner Elk over the last 12 months is $272,500.
The median mortgage debt is $67,106.
The price per square foot for listings in this area is $204.
The median sale price in February for single family homes is $198,250. The sale prices increased by 16.93% from the previous month.
The price per square foot for sales in this area is $127.
The number of active listings in Banner Elk increased by 9.9% from the previous month.
The median number of days active properties have been listed is 102.
The number of sales in February dropped by 63.6% from the previous month.
Banner Elk has a high % of unoccupied properties. It is 44.89% more than the national average. This can drive sales prices down.
The percent of owner occupied properties in Banner Elk is 37.1% below the national average.
Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.
