Active Listings
314
⇧ 7.2% vs 293 last year
Population: 7,671 · Density: 43.1/mi² · Median household income: $61,161
Typical home value: $294,959 · Homeownership: 75.7%
Data as of January 2026. Source: Realtor.com.
The BANNER ELK, NC real estate market (28604) currently shows 314 active listings, with 43 pending sales. Homes are averaging 125 days on the market before going under contract.
Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 125 days on market compared to 108 days last year.
The median listing price has fallen 14.1% year-over-year, from $640,000 to $550,000.
Whether you are buying or selling in BANNER ELK, NC, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 28604 | Banner Elk, NC 28604 | 0.0 mi | 314 | $266,598,246 | $550,000 | $849,039 |
| 28622 | Elk Park, NC 28622 | 5.8 mi | 17 | $12,994,018 | $549,900 | $764,354 |
| 28692 | Vilas, NC 28692 | 7.8 mi | 23 | $15,935,734 | $639,900 | $692,858 |
| 28657 | Newland, NC 28657 | 11.5 mi | 77 | $41,316,660 | $498,000 | $536,580 |
| 28616 | Crossnore, NC 28616 | 11.7 mi | 1 | $279,900 | $279,900 | $279,900 |
| 28698 | Zionville, NC 28698 | 13.1 mi | 7 | $7,355,719 | $464,950 | $1,050,817 |
| 37687 | Roan Mountain, TN 37687 | 13.9 mi | 26 | $14,465,360 | $479,350 | $556,360 |
| 28684 | Todd, NC 28684 | 16.9 mi | 16 | $11,395,600 | $735,000 | $712,225 |
| 28618 | Deep Gap, NC 28618 | 18.8 mi | 11 | $5,997,200 | $499,900 | $545,200 |
| 28705 | Bakersville, NC 28705 | 19.6 mi | 46 | $22,110,912 | $332,500 | $480,672 |
| 37643 | Elizabethton, TN 37643 | 21.2 mi | 103 | $39,063,265 | $319,900 | $379,255 |
| 28777 | Spruce Pine, NC 28777 | 22.2 mi | 54 | $25,976,484 | $347,000 | $481,046 |
| 28694 | West Jefferson, NC 28694 | 24.4 mi | 45 | $23,976,675 | $442,000 | $532,815 |
As of January 2026, there are 314 active listings in BANNER ELK, NC (zip code 28604), compared to 293 the prior year.
The median listing price in BANNER ELK, NC 28604 is $550,000 as of January 2026, a 14.1% decrease from $640,000 the prior year.
Homes in BANNER ELK, NC 28604 spend an average of 125 days on the market before going under contract, compared to 108 days the prior year.
Based on current inventory and days-on-market data as of January 2026, BANNER ELK, NC 28604 is currently a Buyer's Market. Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 125 days on market compared to 108 days last year.
With SELL123.com's maximum 3% commission, sellers in BANNER ELK, NC 28604 save an estimated $11,000 compared to a typical 5% commission on the median listing price of $550,000. 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.