28604 Home Values & Market Trends
There are 424 homes currently listed for 28604. 28604 real estate market trends show that home prices range from $35,000 to $14,000,000, and the median sales price in the 28604 zip code is $650,000. The total number of properties sold within the past twelve months is 558. In 28604, 2 properties are in foreclosure, 1 are bank owned properties,and 1 are headed for auction.
Housing Market Summary for 28604
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $647K | $699K | 8.04% |
| Median Sold Price | $427.2K | $617.5K | 44.55% |
| Homes For Sale | 290 | 425 | 46.55% |
| Homes Sold | 345 | 270 | -21.74% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 28604
Browse Homes in 28604
The median list price of a home in Banner Elk, is $650,000. A total of 424 properties are for sale, and the percentage of properties for sale in the zip code is 424.00%. The total count of 28604 properties is 696.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 28604 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 28604; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 28604 ranges from the highest value of $308,677 in banner elk to the lowest value of $308,677 in banner elk. Bank owned homes and properties account for 0.14% of properties in 28604. There is 1 cities within 28604; banner elk containing 1 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsbanner elk has 1 auction properties, the highest number of properties going to auction in a single city in the state of 28604. Auction homes and other auction properties account for 0.14% of all properties in 28604. There is 1 cities within 28604; of that cities, the median estimated home value for homes going to auction ranges from $304,048 in banner elk to the lowest value of $304,048 in banner elk.
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More Real Estate Resources for 28604
Guide for 28604
North Carolina Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.