Banner Elk town: Median Home Value Trend
How Banner Elk town's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$295,500
2023
$422,900
Total change
+$127,400
% change
+43.1%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $295,500 | — |
| 2019 | $311,600 | +$16,100 (5.4%) |
| 2020 | $302,200 | $9,400 (-3%) |
| 2021 | $326,200 | +$24,000 (7.9%) |
| 2022 | $408,500 | +$82,300 (25.2%) |
| 2023 | $422,900 | +$14,400 (3.5%) |