Why Live in Banner Hill
Banner Hill, located on the south side of Erwin, is a suburban neighborhood that gradually becomes more dispersed as it extends toward the mountains. The area features a mix of 20th-century homes and newer constructions from the past 25 years, with ranch-style homes being the most common. Properties typically sit on quarter- to half-acre lots, providing ample space for backyard gardens and mountain views. Residents enjoy the absence of city taxes, paying only country taxes. Outdoor enthusiasts will find plenty of things to do, with Martin’s Creek Trail offering a 2.5-mile hike to a waterfall, and the nearby Appalachian Trail accessible from Chestoa Recreation Area. Unaka Bike Park and guided whitewater rafting trips along the Nolichucky River add to the recreational options. In town, Veterans Memorial Park and the Unicoi County Family YMCA provide additional amenities. Dining options include the locally owned Dari Ace, Cowboy’s Rendezvous Bar, and Union Street Taproom. The walkable South Main Avenue features local shops, cafes, and bakeries. Seasonal events such as the Christmas parade, Unicoi County Apple Festival, and First Fridays bring the community together. Interstate 26, located a mile west, connects residents to Johnson City 18 miles north and Asheville 44 miles south. While Banner Hill lacks public transportation, it offers a car-dependent lifestyle. Schools in the area include Love Chapel Elementary, Unicoi County Middle School, and Unicoi County High School, which offers Career and Technical Education pathways.
Home Trends in Banner Hill, TN
On average, homes in Banner Hill, Erwin sell after 41 days on the market compared to the national average of 51 days. The median sale price for homes in Banner Hill, Erwin over the last 12 months is $186,000, up 10% from the median home sale price over the previous 12 months.
Median Sale Price
$186,000
Median Single Family Sale Price
$192,000
Average Price Per Sq Ft
$143
Number of Homes for Sale
3
Last 12 months Home Sales
16
Median List Price
$198,000
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
10%