Unshakable ZIP Data 28604 | Banner Elk, NC Housing Market
Banner Elk · Avery County · Boone, NC metro · North Carolina · Data updated June 19, 2026
The median sale price in ZIP 28604, Banner Elk, North Carolina is $489,855 at $344 per square foot. 104 single-family homes sold in the latest period, up 6.1 percent from a year earlier. Homes sit a median of 129 days on market with 11.7 months of supply. Sellers are getting 95.8 percent of list price and 5.9 percent of homes sold above asking.
Buyer leverage market. Negotiate hard.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $586,943 | |
| Average price per sq ft | $413 | |
| Median sale price | $489,855 | |
| Median sale price per sq ft | $344 | |
| Median home size | 1,422 sq ft | |
| Median new listing price | $584,008 | +8.3% |
| National size rank | 11,381 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 104 | +6.1% |
| Median days on market | 129 days | |
| Months of supply | 11.7 months | |
| New listings | 262 | -8.4% |
| Active listings | 475 | -8.8% |
| Pending sales | 125 | +19.9% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 95.8% | -0.8 pts |
| Share sold above list | 5.9% | -4.3 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
1-bedroom
$187,026
2-bedroom
$332,204
3-bedroom
$595,719
4-bedroom
$805,372
5-bedroom
$1,099,205
These figures describe the single-family market for Banner Elk, North Carolina ZIP 28604. They are market context, not a substitute for sold comps or a formal appraisal.