Banner Elk Real Estate Market
The median sale price for homes in Banner Elk over the last 12 months is $258,850.
The median mortgage debt is $67,569.
The price per square foot for listings in this area is $187.
The median sale price in January for single family homes is $305,000.
The price per square foot for sales in this area is $152.
The number of active listings in Banner Elk increased by 12.4% from the previous month.
The median number of days active properties have been listed is 95.
The number of sales in January dropped by 91.7% from the previous month.
Banner Elk has a high % of unoccupied properties. It is 40.09% more than the national average. This can drive sales prices down.
The percent of owner occupied properties in Banner Elk is 32.07% below the national average.
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