Banner Elk
NC
Average Sales Price
$1,783,283
Median Sales Price
$949,900
Population
6,804
Total Listings
29
Demographics
Data provided by Attom Data
Population
Employment
Population
6.8K
6.8K in 2020
Density
101.3
per square mile
Households
3K
Total households
Gender
49% / 51%
Men Vs Women
Occupancy
73% / 27%
Owned Vs Rented
Age Median: Years
Education Level
Educational Environment
Elementary Schools (2)Middle Schools (1)High Schools (1)
Name
Category
Grades
Library
Ratio
6/10
Banner Elk Elementary School
155 Orchard Ln, Banner Elk, NC 28604
Public
PK - 5
No
12:1 STUDENTS/TEACHERS
0/10
Grandfather Academy
64 Grandfather Home Dr, Banner Elk, NC 28604
Public
1 - 12
No
4:1 STUDENTS/TEACHERS
Amenities & Attractions
Featured Listings
For Sale (41)
Sold (202)
FAQs
To help you make informed decisions, we've compiled answers to some of the most commonly asked questions.
How much do I need for a down payment on a home?
The amount you need for a down payment depends on the type of loan and your financial situation. While 20% is a common benchmark, many buyers put down less—some conventional loans allow as little as 3%, and FHA loans require just 3.5%.
What's included in my monthly mortgage payment?
What is a 2-1 buydown, and how does it work?
Who pays for the 2-1 buydown—the buyer, the seller, or the lender?
What are closing costs, and how much should I expect to pay?
How does my credit score affect my mortgage rate?