Is Airbnb profitable in Banner Elk, NC?
Yes — operating a short-term rental in Banner Elk, NC can be highly profitable. Banner Elk, NC Airbnb listings sees consistent guest demand, with Airbnb hosts earning an average annual revenue of $42,448 and achieving a 42% occupancy rate. With around 2,112 active vacation rentals on the market, Banner Elk, NC offers strong opportunity for investors while still avoiding the oversaturation seen in some larger U.S. cities.
How much have home values changed YoY in Banner Elk, NC?
According to Zillow's Home Value Index Methodology, homes in Banner Elk, NC have appreciated by 0.12% over the last year.
What is the median home value in Banner Elk, NC?
As of August 2025, the Zillow Home Value Index shows a typical home value of $578,461 in Banner Elk, NC.
How many short-term rentals are active in Banner Elk, NC?
There are 2,112 active short-term rentals, with an average daily rate of $526, resulting in an approximate annual revenue of $42,448 per property.
When is the highest demand for Airbnb in Banner Elk, NC?
From the occupancy rate standpoint and demand data, October, December, and April are the top performing months in Banner Elk. The occupancy rate in October is 60% and average daily rate is $423. The occupancy rate in December is 59% and average daily rate is $384. The occupancy rate in April is 55% and average daily rate is $634.
Is Banner Elk, NC investor-friendly for short-term rentals?
Banner Elk, NC is considered Investor-Friendly for short-term investments. See Banner Elk, NC Rental Regulations for more information.
