Banner Elk, NC Real Estate
According to census data in the year 2000 there were 308 housing units in Banner Elk.
This represents a 34.5% growth from 229 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 308 were located in what is classified as a rural area.
Homeownership rate in Banner Elk is about 43.6%.
Banner Elk's vacancy rate, including seasonal lodging, is about 33.8%.
Average household size is 2.08 people.
The majority of houses, apartments or condos in Banner Elk were built after 1972.
|Housing Units by Size|
|Five Bedrooms or more||0.60%|
Owned Homes, Apartments and Condos
|Average Household Size||1.93|
|Median year structure was built||1974|
|Median Value of occupied units||$168,800|
|Median Price asked for vacant units||$225,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.2|
|Median year structure was built||1972|
|Median Monthly Rent asked for vacant units||$515|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||12.30%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||20.4%|