$179,900
- Land
- 1.31 Acres
- $137,328 per Acre
9999 Clouds Rest Dr, Banner Elk, NC 28604
9999 Clouds Rest Dr, Banner Elk, NC 28604
Frequently Asked Questions
What is the average home price in Banner Elk, NC?
Homes for sale in Banner Elk, NC have an average home price of $802,805.
Are home prices dropping in Banner Elk?
Yes, home prices in Banner Elk are down 15% in the last 12 months.
How many homes have sold over the last 12 months in Banner Elk, NC?
278 homes have sold in Banner Elk, NC over the last 12 months.
What are the most popular zip codes in Banner Elk, NC?
How much do you need to make to afford a house in Banner Elk?
The median home price in Banner Elk is $495,000. If you put a 20% down payment of $99,000 and had a 30-year fixed mortgage with an interest rate of 6.21%, your estimated principal and interest payment would be $2,430 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $104K a year to afford the median home price in Banner Elk. Learn how much home you can afford with our Home Affordability Calculator.
How are the schools in Banner Elk, NC?
Banner Elk, NC has highly rated public and private schools. Some of the best schools in Banner Elk based on Niche Grades are Banner Elk Elementary School, Cranberry Middle School and Avery County High School. Browse all the schools in Banner Elk, NC to learn more.
