Data as of September 2026. Source: Realtor.com.
The BANNER ELK, NC real estate market (28604) currently shows 467 active listings, with 83 pending sales. Homes are averaging 104 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are selling faster, averaging 104 days on market compared to 107 days last year.
The median listing price has fallen 4.9% year-over-year, from $564,975 to $537,250.
Population: 7,671 · Density: 43.1/mi² · Median household income: $61,161
Typical home value: $294,959 · Homeownership: 75.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 28604 | Banner Elk, NC 28604 | 0.0 mi | 312 | $255,399,456 | $526,000 | $818,588 |
| 28622 | Elk Park, NC 28622 | 5.8 mi | 14 | $11,327,540 | $586,725 | $809,110 |
| 28692 | Vilas, NC 28692 | 7.8 mi | 25 | $16,457,450 | $599,000 | $658,298 |
| 28657 | Newland, NC 28657 | 11.5 mi | 71 | $46,222,846 | $496,500 | $651,026 |
| 28616 | Crossnore, NC 28616 | 11.7 mi | 1 | $279,900 | $279,900 | $279,900 |
| 28698 | Zionville, NC 28698 | 13.1 mi | 9 | $8,417,583 | $511,200 | $935,287 |
| 37687 | Roan Mountain, TN 37687 | 13.9 mi | 26 | $13,255,320 | $414,250 | $509,820 |
| 28684 | Todd, NC 28684 | 16.9 mi | 15 | $9,978,960 | $697,500 | $665,264 |
| 28618 | Deep Gap, NC 28618 | 18.8 mi | 11 | $5,013,921 | $489,000 | $455,811 |
| 28705 | Bakersville, NC 28705 | 19.6 mi | 41 | $20,475,769 | $318,250 | $499,409 |
| 37643 | Elizabethton, TN 37643 | 21.2 mi | 94 | $35,519,498 | $307,475 | $377,867 |
| 28777 | Spruce Pine, NC 28777 | 22.2 mi | 51 | $19,141,269 | $340,000 | $375,319 |
| 28694 | West Jefferson, NC 28694 | 24.4 mi | 39 | $21,578,427 | $449,000 | $553,293 |
As of September 2026, there are 467 active listings in BANNER ELK, NC (zip code 28604), compared to 464 the prior year.
The median listing price in BANNER ELK, NC 28604 is $537,250 as of September 2026, a 4.9% decrease from $564,975 the prior year.
Homes in BANNER ELK, NC 28604 spend an average of 104 days on the market before going under contract, compared to 107 days the prior year.
Based on current inventory and days-on-market data as of September 2026, BANNER ELK, NC 28604 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 104 days on market compared to 107 days last year.
With SELL123.com's maximum 3% commission, sellers in BANNER ELK, NC 28604 save an estimated $10,745 compared to a typical 5% commission on the median listing price of $537,250. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.