The median home value in Banner Elk, NC is $593,500. This is higher than the county median home value of $275,800. The national median home value is $338,100. The average price of homes sold in Banner Elk, NC is $593,500. Approximately 29.18% of Banner Elk homes are owned, compared to 14.73% rented, while 56.09% are vacant. Banner Elk real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Banner Elk real estate agent to arrange a tour today!
Banner Elk, North Carolina has a population of 1,350. Banner Elk is less family-centric than the surrounding county with 10.75% of the households containing married families with children. The county average for households married with children is 23.97%.
The median household income in Banner Elk, North Carolina is $58,333. The median household income for the surrounding county is $46,383 compared to the national median of $69,021. The median age of people living in Banner Elk is 21.5 years.
The average high temperature in July is 74.5 degrees, with an average low temperature in January of 19.7 degrees. The average rainfall is approximately 55 inches per year, with 41.5 inches of snow per year.