Homes Under $1.5M in Banner Elk, NC

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Thomas O'Leary

Realty.com

Lic. #300693

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New26Active
$225,000
1 bd · 1 ba · 560 sqft
42 Hemlock Hill Road B, Banner Elk, NC
Patrick Brooks · ENRG Global Realty LLC
47Active
$960,000
2 bd · 2 ba · 1,569 sqft
500 Laurel Ridge Lane B1, Banner Elk, NC
Richard Foster · Elk River Realty
48Active
$550,000
3 bd · 2 ba · 1,235 sqft
190 Camelot Drive, Banner Elk, NC
Lisa Zorek · Keller Williams High Country

Listing data & MLS disclosures

Canopy MLS (Canopy Realtor Association): Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.
High Country Association of REALTORS: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing information ©2026 High Country Association of Realtors, Inc®., All Rights Reserved.Last updated on 2026-10-01 17:23:01 UTC
Triad MLS: Listing information © 2026 Triad MLS, Inc. of North Carolina. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than Realty.com are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers. IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Data last updated 2026-09-16 14:21:30 UTC
Triangle MLS (Doorify): IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing information ©2026 Triangle MLS, Inc®. All Rights Reserved. Last Updated: 2026-09-05 19:58:48 UTC

About Homes Under $1.5M in Banner Elk, NC

Homes Under $1.5M in Banner Elk, NC: 130 active listings as of October 2, 2026, 00:38 UTC.

Property types among these 130 listings, by the property type each listing’s MLS reports, spelled as the MLS spells it. Types with fewer than 5 listings, and listings whose MLS reports no type, are not shown, so the shares can total less than 100%.
Property type	Listings	Share
Single Family Residence	78	60.0%
Condominium	40	30.8%
Townhouse	12	9.2%

Banner Elk housing market

September 2026 · This period is still settling

Selling at 93.9% of asking price

Buyers here are paying below asking. MLS · 20 sales · as of Sep 25, 2026

Homes that sold · County records, as of Sep 17, 2026

Median sale price: $290,000$290,000–$1,311,250 typical range
Sales: 16
Paid in cash: 81.3%

Homes on the market · MLS, as of Sep 27, 2026

Median list price: $1,100,000
Homes for sale: 142

Banner Elk, NC community profile

Population: 1,036
Median income: $57,143
Housing units: 980
People per sq. mi.: 15.4
Area: 67.2 sq. mi.

Source: HJN community data

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Listing data & MLS disclosures

About Homes Under $1.5M in Banner Elk, NC

Banner Elk housing market

Homes that sold · County records, as of Sep 17, 2026

Homes on the market · MLS, as of Sep 27, 2026

Banner Elk, NC community profile

Explore Banner Elk homes

Listing data & MLS disclosures

Banner Elk, NC community profile

Your local brokerage

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Banner Elk housing market

Homes that sold · County records, as of Sep 17, 2026

Homes on the market · MLS, as of Sep 27, 2026

Price trend · Assessor repeat sales, as of Sep 30, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026