Updated May 2026 · Redfin · 3-month window
28604 Real Estate Market Update: Banner Elk, NC, May 2026
The latest housing-market numbers for ZIP code 28604 in Banner Elk, North Carolina, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $490K | ▼ -2.0% | ▼ -17.3% |
| Days on market | 130 | ▼ -7.1% | ▲ +66.7% |
| Homes for sale | 371 | ▲ +19.3% | ▼ -2.9% |
| Sale-to-list | 95.8% | ▲ +0.3% | ▼ -0.8% |
| Homes sold | 100 | ▲ +12.4% | ▲ +2.0% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 28604 numbers say
The 28604 ZIP in Banner Elk is cooling. The median sale price sits at $490,000, 17.3% below last year. The market has loosened: a typical listing now takes around 130 days to go under contract, with sellers getting 95.8% of list price.
Based on 100 recent sales, 28604 is currently an active market.
What this means if you sell in 28604
Use these figures to set expectations early. Lead a listing appointment with the median price and the 130-day pace, show the year-over-year direction, and frame 28604 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Banner Elk post →Frequently asked: the 28604 housing market
- What is the median home price in ZIP 28604 (Banner Elk, NC)?
- As of May 2026, the median sale price in ZIP 28604 is $490,000 (-17.3% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 28604 a buyer's or seller's market right now?
- ZIP 28604 is currently an active market, based on a 95.8% sale-to-list ratio, about 130 days on market for May 2026.
- How long do homes take to sell in ZIP 28604?
- A typical listing in 28604 goes under contract in about 130 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 28604 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.