The property at 1285 Balm Highway, Banner Elk, NC 28604, built in 1969, is a 2,893 square foot Multi Family and has 2 bedrooms and 2 bathrooms. It is situated on a lot that is 16,117 square feet and was last tax assessed in 2024 for a valuation of $194,000
The estimate for this property has experienced a 4.16% increase in the past 6 months reaching a value of $525,436.
- NC
- Banner Elk
- 1285 Balm Hwy
- Parcel Number18590072974700000
- CountyAVERY
- Stories1
Property Tax History
Source: Public Records
| Year | Assessment |
|---|---|
| 2021 | $107,000 |
| 2019 | $107,000 |
| 2018 | $107,000 -6.71% |
| 2017 | $114,700 |
| 2016 | $114,700 |
| 2015 | $114,700 -22.45% |
| 2013 | $147,900 |
Valuation History
Source: Public Records
| Month | Valuation | Single Family Homes Sold | Median Sales Price/Sqft |
|---|---|---|---|
| Nov 2025 | $525,436 | - | - |
| Nov 2025 | $515,978 | - | - |
| Oct 2025 | $531,591 | - | - |
| Sep 2025 | $514,952 | - | - |
| Aug 2025 | $520,982 | - | - |
| Jul 2025 | $524,357 | - | - |
| Jun 2025 | $511,476 | - | - |
| May 2025 | $504,467 | - | - |
| Apr 2025 | $495,994 | - | - |
| Mar 2025 | $507,965 | - | - |
| Feb 2025 | $498,250 | - | - |
| Jan 2025 | $493,315 | - | - |
| Dec 2024 | $467,265 | - | - |
| Nov 2024 | $458,616 | - | - |
| Oct 2024 | $463,018 | - | - |
| Sep 2024 | $450,331 | - | - |
| Aug 2024 | $431,259 | - | - |
| Jul 2024 | $416,366 | - | - |
| Jun 2024 | $402,723 | - | - |
| May 2024 | $395,447 | - | - |
| Apr 2024 | $377,512 | - | - |
| Mar 2024 | $371,204 | - | - |
| Feb 2024 | $356,471 | - | - |
| Jan 2024 | $349,631 | - | - |
| Dec 2023 | $345,576 | - | - |
| Nov 2023 | $341,491 | - | - |
| Oct 2023 | $327,367 | - | - |
| Sep 2023 | $325,262 | - | - |
| Aug 2023 | $322,375 | - | - |
| Jul 2023 | $315,317 | - | - |
| Jun 2023 | $307,721 | - | - |
| May 2023 | $307,862 | - | - |
| Apr 2023 | $302,919 | - | - |
| Mar 2023 | $302,827 | - | - |
| Feb 2023 | $303,300 | - | - |
*Market History, including Median Sales Price per square foot, and Single Family Homes Sold is based on historical data of Zip Code: 28604 - NC
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 7,689 | 959 | 56,088 | 335,858,263 |
| Population Density | 113 | 509 | 179 | 95 |
| People per Household | 2.2 | 2.3 | 2.2 | 2.6 |
| Median Age | 41.3 | 34.1 | 32.3 | 39.1 |
| Median Income | $54,882 | $49,040 | $52,063 | $66,222 |
| Average Income | $35,154 | $25,268 | $30,231 | $35,475 |
| Cost of Living Index | 76 | 74 | 74 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 18.9°F | 18.9°F | 19.6°F | 22.6°F |
| July Avg. High Temp | 76.8°F | 76.8°F | 76.4°F | 86.2°F |
| Annual Precipitation | 49.62" | 49.62" | 51.53" | 38" |
Click Zestimate price to view details on Zillow. Zestimate data is provided "as is" via the Zestimate API. © Zillow, Inc., 2006-2022. Use is subject to Terms of Use.
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