Learn more about homes in Banner Elk, NC

Banner Elk, North Carolina - “Home of the Wooly Worm Festival”

Situated at 3,739 feet above sea level, the village of Banner Elk is in the heart of the best of High Country Skiing. Banner Elk has a full time population of 995 residents with a vibrant part time population during the summer months. The area was first occupied by Cherokee Indians who used the land as their hunting grounds. The first European settlers arrived in 1825 and the town was incorporated in 1911. In the early 20th century, the cooler mountain temperatures drew people to visit Banner Elk for vacations and short trips to the mountains. The Banner Elk hotel was built in 1892 to accommodate the growing number of visitors to the area and tourism became the mainstay of the town’s economy.

Banner Elk, NC and the surrounding area is also known as the “Christmas Tree Capital of the World” and next to tourism related businesses, is a foundation of the local economy. Located just minutes away from Grandfather Mountain, Linville, Boone, and Blowing Rock; Banner Elk has many luxury gated communities as well as thriving family neighborhoods. The pastoral drive into town from Hwy 105 offers breathtaking views of Beech, Grandfather and Sugar Mountain.

Lees-McRae College, a private liberal arts school, has been located here since 1900 and is a special part of the community catering to approximately 700 students. Banner Elk, NC is a part of the Avery County school system which provides their students with superior instruction in a supportive environment. The village of Banner Elk provides the intimacy of a small town in the setting of a Thomas Kincaide painting.

Banner Elk Home inventory breakdown by property type

Of the 10 homes for sale in Banner Elk, the breakdown of property types is as follows:
80% Single Family, 10% Land/lot and 10% Other.

80% Single Family
10% Land/lot
10% Other

Area details, home facts and figures

Homes for sale 10
Average Home Size 2,556 ft² / 237 m²
Price Range ($59,000 - $1,895,000)

Weather in Banner Elk

The average high temperatures in Banner Elk range from 41 in January to 76 in July

Average home income in Banner Elk

The average household income of a Banner Elk resident is $78,238 with an average home value of $206,267

Population of Banner Elk

Banner Elk has 6,209 residents.

Home ownership in Banner Elk

The average level of home ownership in Banner Elk is 72%.

Education breakdown of Banner Elk

Education levels of residents of Banner Elk include: highschool 19%, associate 10%, bachelor 21%, graduate 14%.

Households in Banner Elk

Banner Elk has 2,595 homes, built on average 34 years ago.

Information from in and around Banner Elk...

You are Viewing 1 to 10 of 10 homes for sale in Banner Elk. These homes are comprised of Single Family, Land/lot and Other. The average list price of these property results is 700,500. Prices are shown as US Dollar. For more information on these homes for sale in Banner Elk please contact our member brokerages to schedule a showing or view an open house.

The 10 homes for sale in Banner Elk, NC are represented by 2 member brokerages serving the Banner Elk area. Member brokerages representing the 10 homes include Blowing Rock Investment Properties and Dickens Mitchener.