197 Main St E, Banner Elk, NC 28604
Property image
Property image
OFF MARKET

$281,000

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 987 sqft

197 Main St E, Banner Elk, NC 28604

Est. Refi. Payment $1,649/mo*
Refinance Your Home

Home Value

Trulia Estimate
$281K
Since last month
Increased$5K (+1.8%)
Since last year
Decreased$8K (-2.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +153% in the last 10 years
MonthEstimated value
2026
September 2026$281K
August 2026$281K
July 2026$276K
June 2026$275K
May 2026$287K
April 2026$276K
March 2026$260K
February 2026$267K
January 2026$251K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
192 Klonteska Drive, Banner Elk, NC
0.11
Single-Family Home
$500,000
09/26/25
2
2
1,283
257 BANNER RD, Banner Elk, NC
0.24
Single-Family Home
$382,250
12/17/25
3
1.5
1,097
261 Tumbling Brook Drive, Beech Mountain, NC
0.48
Single-Family Home
$432,500
04/15/26
3
1
1,128
281 OLD TURNPIKE RD. EAST, Banner Elk, NC
0.35
Single-Family Home
$412,500
08/07/26
3
2
1,664
340 Balsam Lane, Beech Mountain, NC
0.55
Single-Family Home
$484,000
07/17/26
2
2
1,420
116 Mallard Court, Banner Elk, NC
0.23
Single-Family Home
$750,000
01/22/26
3
2.5
2,276
150 Ivy Court, Beech Mountain, NC
0.56
Single-Family Home
$383,000
03/02/26
2
2.5
1,140
159 Covered Bridge Road, Banner Elk, NC
0.94
Single-Family Home
$140,000
10/02/25
2
1
1,254
1483 S Beech Mountain Pkwy, Banner Elk, NC
0.69
Single-Family Home
$120,000
12/22/25
3
2
1,056
88 Covered Bridge Road, Banner Elk, NC
0.99
Single-Family Home
$490,000
10/27/25
2
2
1,096

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
TBD MAIN ST. AND AZALEA WAY, Banner Elk, NC 28604
0.04
-
-
-
-
Off Market
TBD Hillcrest Drive, Banner Elk, NC 28604
0.07
-
-
-
-
Off Market
223 Hillcrest Drive #B1, Banner Elk, NC 28604
0.07
$305,900
3
2
1,000
Off Market
Lot F12 High Valley Overlook, The Farms, Banner Elk, NC 28604
0.09
-
-
-
-
Off Market
293 Hillcrest Drive #F2, Banner Elk, NC 28604
0.11
$212,500
2
1
730
Off Market
192 Klonteska Drive, Banner Elk, NC 28604
0.11
$503,400
2
2
1,283
Off Market
329 Farm Pond Lane Banner, Elk, NC 99009
0.11
$1,665,300
1
5.5
4,100
Off Market
146 Mallard Court, Banner Elk, NC 28604
0.20
$821,500
4
3
2,440
Off Market
160 Old Turnpike East Road, Banner Elk, NC 28604
0.22
$1,100,000
5
5.5
2,698
For Sale
116 Mallard Court, Banner Elk, NC 28604
0.23
$750,000
3
2.5
2,276
Recently Sold
233 Dugger Drive, Banner Elk, NC 28604
0.23
$628,800
3
3.5
2,275
Off Market
407 Main Street #28604, Banner Elk, NC 28604
0.23
$644,300
6
4.5
2,698
Off Market

Local Information

  • Map ViewExplore the area around 197 Main St E.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1952
987 sqft
$285/sqft

About this House

Downtown Banner Elk! Surrounded by mountains. Have your home/small business accessible to foot traffic and close to everything Banner Elk has to offer- ZR-2. The lot next door is for sale too so combine them and build something larger. Sidewalks, driveway apron from Main Street, a flat lot plus the house sits at back for privacy. House needs TLC - it's a fixer-upper but the lot only needs some gravel on the driveway. Very close to trails, college, town park, post office, town hall, dining, shopping, river, sushi, and more. If you ever dreamed of living downtown in a small town -this is it
197 Main St E, Banner Elk, NC 28604 is a 2 bedroom, 1 bathroom, 987 sqft single-family home built in 1952. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $281,000, with a rent estimate of $1,888/month.

Home Details for 197 Main St E

Property Information

Year Built
Year Built: 1952
Property Type / Style
Property Type: Single Family Home

Market trends in Banner Elk

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$634K
Sale-to-List Price
—
Price per sq ft
$386
Available listings
178
2MoM

Around this home

What Locals Say about Banner Elk

At least 28 Trulia users voted on each feature.

  • 89 % Say car is needed

  • 87 % Say parking is easy

  • 84 % Say there's wildlife

  • 83 % Say there's holiday spirit

  • 76 % Say yards are well-kept

  • 71 % Say people would walk alone at night

  • 71 % Say it's quiet

  • 67 % Say it's dog friendly

  • 67 % Say they plan to stay for at least 5 years

  • 54 % Say kids play outside

  • 52 % Say neighbors are friendly

  • 50 % Say streets are well-lit

  • 40 % Say there are community events

  • 33 % Say it's walkable to restaurants

  • 29 % Say there are sidewalks

  • 25 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Dslarson1983
    "Valle Crucis park is great for the family! There are great play areas for kids, walking paths, and fishing right on the Watauga River. There are great Mast General Store is an awesome place to visit with the family. There is a great beaf jerky shop nearby as well in Valle Crucis. There are 3 ski resorts within striking distance, plus lots of hiking. "
    0
    Flag
  • Emma N.
    "Lived in the area most my life. Called the closest place to heaven. No longer the same like to visit on occasion but no longer a place I would live. "
    0
    Flag
  • James Behan
    "We love the rural community, the people are friendly, lots of farms, beautiful in all seasons , you need to like mountain roads"
    1
    Flag
  • Suzie S.
    "Great area if you dont have to drive & you can afford it. Mostly students, retirees, tourists, contruction workers, loggers, and wealthy 4th homes. Over 3,000 short-term rentals. No place for service workers to live. Very congested with roadwork and tourists in the summer. Nice weather, but it pretends to be the Aspen of Dixie. Housing is same cost as California, but no jobs."
    3
    Flag
  • Suzie S.
    "I have seen the High Country change tremendously since 2010. Itt saddens me that we cater mostly to tourists & so many summer residents are incredibly rude. No housing for middle income. It is a huge issue. Beautiful views & weather despite Mack trucks, Loggers, and constant roadwork & traffic. If you are uber wealthy & don't have to commute or work, it is the bees knees as any place would be."
    2
    Flag
  • Ambur F.
    "We have block parties on every 4th of July. They have things for adults and children. I also know all my neighbors by their first names. "
    0
    Flag
  • Cindyduckworth
    "we have a pool and great neighborhood the people are very friendly and everyone has a pet . I hope to get to know everyone better."
    0
    Flag
  • Melinda_kolar
    "Great schools & colleges, amazing neighborhoods and very family oriented & pet friendly. It’s an incredible place to live."
    2
    Flag
  • Greeneyedgirl0027
    "We have block parties on major holidays. With food drinks and games for kids including face painting."
    0
    Flag
  • Kjbutchko
    "I see a lot of dog friendly venues. People are dining outside with their fur babies. Many services for pets - groomers, vets, pet supply stores. I have not seen any dog parks."
    0
    Flag
  • Greeneyedgirl0027
    "There is a lot of grass and hills for the dogs to have fun on and sniff. The only downside is it's a busy street and dogs can easily be hurt by oncoming traffic."
    0
    Flag
  • Acutabove
    "I have lived in my neighborhood for almost 18 years and find it quiet and friendly. We are close to 105 therefore are close to all amenities in the High Country."
    1
    Flag
  • Sonhamby
    "I have lived at my address for 8+years! It is truly amazing. Summer is awesome here! Winter is brutal!"
    4
    Flag
  • Dmtvbh
    "We love the nice cool weather, and everyone we have met have been completely amazing and helpful in any way! We walk to the park daily with our 4yr old and our dog it’s so beautiful!! "
    14
    Flag
  • russellfamilyhk
    "We have a second home in Chestnut Falls and absolutely love it.....great area to get away from it all but still be accessible. Love it."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 197 Main St E

  • What is 197 Main St E estimated to be worth?
    Trulia's estimated value for 197 Main St E in Banner Elk, NC is $281,000.
  • Is Banner Elk a buyer's or seller's market?
    Banner Elk is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Banner Elk?
    The median sale price in Banner Elk is $634K.
  • What do residents say about Banner Elk?
    Residents describe Banner Elk, NC as easy to park in, well-kept, and quiet. Most residents say you need a car. See recently sold homes in Banner Elk, NC.

Explore by feature - Pet Friendly

7 pet-friendly rentals in Banner Elk, NC

Explore by feature - Air Conditioning

8 rentals with air conditioning in Banner Elk, NC

Explore by feature - Washer/dryer

15 rentals with a washer/dryer in Banner Elk, NC

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 197 Main St E

Skip to last item
Skip to first item

Homes for sale near 197 Main St E

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item