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Banner Elk, NC 28604 Real Estate & Property Data

Banner Elk, NC 28604 Real Estate Market Trends

Last Updated: April 25, 2024

A total of 789 residential properties have been sold over the past 12 months in 28604. With a median sales price of $418,000 in 28604 and a total of 1 foreclosures in Banner Elk, NC 28604. Discover market trends and get the granular level real estate data for Banner Elk, NC 28604 to keep your pulse on the housing market. Curate compelling home reports for Banner Elk, NC 28604 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Banner Elk, NC 28604 Real Estate Market Trends

Get property data for any address in Banner Elk, NC 28604 or the country:

Total Residential Properties 12,013

Total Commercial Properties 406

Avg. Home Age (Single Family Home) 36 Years

Avg. Square Feet (Single Family Home) 2,155

Total 2024 Residential Sales (year-to-date) 88

% of Homes Seriously Underwater (Q2 2024) 0.82%

Total 2023 Residential Sales 741

% of Equity Rich Homes (Q2 2024) 22.74%

Effective 2023 Property Tax 0.23%

Total Foreclosure Filings (year-to-date) 1

Banner Elk, NC 28604 Real Estate Overview

There were 789 residential properties sold in the past year in Banner Elk, NC 28604. The median home value in Banner Elk, NC 28604 is $407,450. There are a total of 12,013 residential properties in the 28604.

Median Sales Price i

$418,000

(Feb 2024)

-26.3%

year-over-year

y-o-y

February '24 Feb '24 $418,000
January '24 Jan '24 $481,000
December '23 Dec '23 $720,500
November '23 Nov '23 $472,500
October '23 Oct '23 $592,500
September '23 Sep '23 $615,000
August '23 Aug '23 $460,000
July '23 Jul '23 $545,000
June '23 Jun '23 $568,250
May '23 May '23 $434,500
April '23 Apr '23 $729,000
March '23 Mar '23 $640,000

Median Down Payment i

$136,500

(Feb 2024)

+9.2%

year-over-year

y-o-y

February '24 Feb '24 $136,500
January '24 Jan '24 $132,187
December '23 Dec '23 $173,000
November '23 Nov '23 $148,375
October '23 Oct '23 $192,075
September '23 Sep '23 $187,000
August '23 Aug '23 $76,725
July '23 Jul '23 $100,500
June '23 Jun '23 $107,875
May '23 May '23 $102,125
April '23 Apr '23 $194,710
March '23 Mar '23 $112,000

Number of Homes Sold i

36

(Feb 2024)

-18.2%

year-over-year

y-o-y

February '24 Feb '24 36
January '24 Jan '24 52
December '23 Dec '23 44
November '23 Nov '23 72
October '23 Oct '23 60
September '23 Sep '23 83
August '23 Aug '23 84
July '23 Jul '23 77
June '23 Jun '23 66
May '23 May '23 66
April '23 Apr '23 52
March '23 Mar '23 53

Number of Purchase Loans i

8

(Feb 2024)

-71.4%

year-over-year

y-o-y

February '24 Feb '24 8
January '24 Jan '24 19
December '23 Dec '23 17
November '23 Nov '23 28
October '23 Oct '23 20
September '23 Sep '23 25
August '23 Aug '23 28
July '23 Jul '23 28
June '23 Jun '23 21
May '23 May '23 24
April '23 Apr '23 21
March '23 Mar '23 23

Number of REFI Loans i

7

(Feb 2024)

+16.7%

year-over-year

y-o-y

February '24 Feb '24 7
January '24 Jan '24 4
December '23 Dec '23 4
November '23 Nov '23 9
October '23 Oct '23 10
September '23 Sep '23 12
August '23 Aug '23 10
July '23 Jul '23 6
June '23 Jun '23 8
May '23 May '23 10
April '23 Apr '23 8
March '23 Mar '23 4

Number of HELOC Loans i

2

(Feb 2024)

-50%

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 2
December '23 Dec '23 1
November '23 Nov '23 9
October '23 Oct '23 4
September '23 Sep '23 3
August '23 Aug '23 5
July '23 Jul '23 2
June '23 Jun '23 5
May '23 May '23 9
April '23 Apr '23 5
March '23 Mar '23 8

Banner Elk, NC 28604 Real Estate Market Overview

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Banner Elk, NC 28604 Foreclosure Activity

There were a total of 1 Banner Elk, NC 28604 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

1

(Feb 2024)

February '24 Feb '24 1
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 1
September '23 Sep '23 N/A
August '23 Aug '23 2
July '23 Jul '23 N/A
June '23 Jun '23 1
May '23 May '23 1
April '23 Apr '23 N/A
March '23 Mar '23 1

Foreclosure Starts i

1

(Feb 2024)

February '24 Feb '24 1
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 1
September '23 Sep '23 N/A
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 1
May '23 May '23 1
April '23 Apr '23 N/A
March '23 Mar '23 N/A

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 1
July '23 Jul '23 1
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

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