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ELK PARK, NC 28622

Real Estate Market Report  ·  Avery County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The ELK PARK, NC real estate market (28622) currently shows 13 active listings, with 3 pending sales. Homes are averaging 145 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 145 days on market compared to 104 days last year.

The median listing price has risen 6.4% year-over-year, from $522,000 to $555,450.

Whether you are buying or selling in ELK PARK, 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.

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Market Context

Market Context

Population: 2,384  ·  Density: 31.0/mi²  ·  Median household income: $44,491

Typical home value: $153,022  ·  Homeownership: 74.6%

Market Overview

Active Listings
13
⇧ 85.7% vs 7 last year
Pending
3
23% pending ratio
Median Price
$555,450
⇧ 6.4% vs $522,000 last year
Average Price
$845,610
⇧ 31.5% vs $643,133 last year
Days on Market
145
⇧ 39.4% vs 104 days last year

Price Per Square Foot

Median $/sqft
$337
⇧ 8% vs $312/sqft last year
Median Home Size
1,741 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 13 this year vs 7 last year
  • Days on market: 145 now vs 104 last year

Median & Average Pricing

Year over Year
  • Median: $555,450 (+6.4% YoY)
  • Average: $845,610 (+31.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.6 miles — 323 listings ($242,299,309 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
28622Elk Park, NC 286220.0 mi14$11,327,540$586,725$809,110
28679Sugar Grove, NC 286797.4 mi16$15,729,072$882,500$983,067
37640Butler, TN 376409.5 mi30$23,875,230$625,000$795,841
28692Vilas, NC 2869210.5 mi25$16,457,450$599,000$658,298
28616Crossnore, NC 2861612.0 mi1$279,900$279,900$279,900
28605Blowing Rock, NC 2860514.4 mi71$88,415,661$903,500$1,245,291
28698Zionville, NC 2869815.7 mi9$8,417,583$511,200$935,287
37643Elizabethton, TN 3764316.3 mi94$35,519,498$307,475$377,867
28611Collettsville, NC 2861117.6 mi4$1,561,332$485,000$390,333
37692Unicoi, TN 3769219.8 mi3$1,131,000$377,000$377,000
28684Todd, NC 2868420.9 mi15$9,978,960$697,500$665,264
28740Green Mountain, NC 2874022.4 mi11$16,750,393$700,000$1,522,763
37618Bluff City, TN 3761823.6 mi30$12,855,690$378,596$428,523

Frequently Asked Questions

How many homes are for sale in ELK PARK, NC 28622?

As of March 2026, there are 13 active listings in ELK PARK, NC (zip code 28622), compared to 7 the prior year.

What is the median home price in ELK PARK, NC 28622?

The median listing price in ELK PARK, NC 28622 is $555,450 as of March 2026, a 6.4% increase from $522,000 the prior year.

How long do homes stay on the market in ELK PARK, NC?

Homes in ELK PARK, NC 28622 spend an average of 145 days on the market before going under contract, compared to 104 days the prior year.

Is it a seller's or buyer's market in ELK PARK, NC 28622?

Based on current inventory and days-on-market data as of March 2026, ELK PARK, NC 28622 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 145 days on market compared to 104 days last year.

How much can I save on real estate commission in ELK PARK, NC?

With SELL123.com's maximum 3% commission, sellers in ELK PARK, NC 28622 save an estimated $11,109 compared to a typical 5% commission on the median listing price of $555,450. 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.