The median home value in Banner Elk, NC is $561,200. This is higher than the county median home value of $155,600. The national median home value is $219,700. The average price of homes sold in Banner Elk, NC is $561,200. Approximately 26.97% of Banner Elk homes are owned, compared to 32.24% rented, while 40.79% 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 1,451. Banner Elk is more family-centric than the surrounding county with 23.5% of the households containing married families with children. The county average for households married with children is 23.37%.
The median household income in Banner Elk, North Carolina is $53,750. The median household income for the surrounding county is $37,109 compared to the national median of $57,652. The median age of people living in Banner Elk is 21.6 years.
The average high temperature in July is 77 degrees, with an average low temperature in January of 19.5 degrees. The average rainfall is approximately 51.5 inches per year, with 38.7 inches of snow per year.