NC area data
Banner elk, NC
Banner elk, NC.
Population: 7,869 (Census ACS)
Home values & appreciation
- Median home value
- $496,467
- 1-year appreciation
- -0.8%
- 3-year appreciation
- +1.8%
- 5-year appreciation
- +29.6%
- 10-year appreciation
- +117.7%
- All-time peak (2024-10)
- $511,564
- House Price Index
- 438.2 (+1.0% YoY)
Market activity
- Median sale price
- $525,000
- Median list price
- $703,600
- Median days on market
- 35 days
- Sale-to-list ratio
- 97.5%
- Active listings
- 3
- Days to pending
- 133 days
- New listings (monthly)
- 98
Rents
- Typical rent
- $1,798/mo
- 1BR fair-market rent
- $1,135/mo
- 3BR fair-market rent
- $1,700/mo
Affordability
- Cost of living index (Below Average)
- 92.5 (100 = US avg)
- Electricity rate (state-level)
- 14.0¢/kWh
- Natural gas rate (state-level)
- $16.40/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 1
- Elementary schools
- 1
- Middle schools
- 0
- High schools
- 0
Natural hazards & flood risk
- Overall hazard risk
- Relatively Low
- Top hazards
- iceStorm, landslide, lightning
- FEMA flood zone
- AE
- Flood risk level
- High
Climate (30-year normals)
- Average annual temperature
- 49.0°F
- Average high
- 57.0°F
- Average low
- 40.0°F
- Annual precipitation
- 58.9 in
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 39
- Days with Good air quality
- 246
Walkability & transit
- Walkability index
- 8.3 / 20
- Transit service frequency
- -99,999
Amenities
- National parks within ~60 mi
- 2
- Nearest national park
- Andrew Johnson National Historic Site (55 mi)
- Nearest airport
- Elk River Airport (2 mi)
- Nearest major airport
- Tri-Cities Regional TN/VA Airport (TRI) (37 mi)
- Hospitals nearby (~15 mi)
- 3
- Avg hospital rating
- 2.3 / 5
- Solar radiation rating
- Fair (4.1 kWh/m²/day)
Migration
- Net migration
- +41 tax filers
Housing stock
- Median year housing built
- 1,988
- Median annual property tax
- $1,478
- Mean commute to work
- 21 min
- Households with broadband internet
- 83.4%
Employment & development
- Total county employment
- 5,902
- Average weekly wage
- $773
- Top industries (by employment)
- Accommodation & Food, Arts & Entertainment, Construction
- Annual residential building permits (county)
- 95
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →