Banner Elk, NC

Banner Elk is a small town located in the Blue Ridge Mountains of North Carolina. The town has a population of just over 2,000 people and is known for its beautiful scenery and friendly people. Banner Elk is home to many businesses and attractions, including the Banner Elk Inn, which was once the home of author Zane Grey.

Real estate in Banner Elk is very popular due to its close proximity to major cities such as Asheville and Charlotte, as well as its beautiful scenery. There are many homes for sale in the town, but most are priced between $200,000 and $500,000. The average price of a home in Banner Elk is around $269,000.

The real estate market in Banner Elk has been steadily growing over the past few years. This is likely due to the increasing popularity of the town as well as the fact that there are many new homes being built in the area. It is also worth noting that there are a number of properties available for sale at below market prices thanks to foreclosure sales or short sales.