Housing & Real Estate — Banner Elk, North Carolina
Overview
| Total Housing Units | 788 |
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| Occupied | 355 |
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| Vacant | 433 |
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| Owner-Occupied | 223 |
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| Renter-Occupied | 132 |
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| Median Home Value (Census) | $458,100 |
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| Estimated 2026 | ~$552,000 |
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| Median Rent | $879/mo |
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| Median Property Tax | $3,198/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | expensive |
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| Rent as % of Income | 12.2% |
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| Severely Rent-Burdened | 48.7% |
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Housing Age
| Built 2010 or later | 53 |
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| Built 2000-2009 | 335 |
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| Built 1990-1999 | 131 |
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| Built before 1960 | 163 |
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| Median Year Built | 2001 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
