Home values, rents and more in ZIP code 28604 (Banner Elk, NC)
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open 28604 in ProMap- Under $230k
- $230k–$270k
- $270k–$320k
- $320k–$470k
- $470k+
- No data
How 28604 compares
The typical home in ZIP code 28604 (Banner Elk, NC) is worth about $491,000, according to the Zillow Home Value Index for September 2026. Home values in 28604 are 3% below the typical value in the Boone metro area ($508,000) and 34% above the U.S. typical value ($366,000).
Over the past year, home values in 28604 were flat, compared with +1.2% in the Boone metro area and +1.2% nationally.
The median household income is $76,319, against $51,693 in the Boone metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 7,869 people live in 28604 (American Community Survey 2020–24).
28604 has the 3rd-highest typical home value of the 7 ZIP codes in the Boone metro area and the 86th-highest of 719 in North Carolina with Zillow figures.
Part of: Banner Elk, NC · Watauga County, NC · Boone metro area · North Carolina
More for 28604 in ProMap Plus
These measures are on the map for subscribers. Open ProMap to see them for 28604 and every other place.
- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Zillow 12-month price forecast
- Crime rates
- School test scores
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby ZIP codes
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.