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ELK PARK, NC 28622

Real Estate Market Report  ·  Avery County
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The ELK PARK, NC real estate market (28622) currently shows 14 active listings, with 3 pending sales. Homes are averaging 123 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 123 days on market compared to 89 days last year.

The median listing price has fallen 23.8% year-over-year, from $769,925 to $586,725.

Whether you are buying or selling in ELK PARK, NC, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 2,384  ·  Density: 31.0/mi²  ·  Median household income: $44,491

Typical home value: $153,022  ·  Homeownership: 74.6%

Market Overview

Active Listings
14
⇧ 40% vs 10 last year
Pending
3
21% pending ratio
Median Price
$586,725
⇩ 23.8% vs $769,925 last year
Average Price
$809,110
⇧ 11.7% vs $724,574 last year
Days on Market
123
⇧ 38.2% vs 89 days last year

Price Per Square Foot

Median $/sqft
$338
⇧ 14.6% vs $295/sqft last year
Median Home Size
1,828 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 14 this year vs 10 last year
  • Days on market: 123 now vs 89 last year

Median & Average Pricing

Year over Year
  • Median: $586,725 (-23.8% YoY)
  • Average: $809,110 (+11.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.6 miles — 350 listings ($256,021,224 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
28622Elk Park, NC 286220.0 mi17$12,994,018$549,900$764,354
28679Sugar Grove, NC 286797.4 mi17$17,960,262$920,000$1,056,486
37640Butler, TN 376409.5 mi32$24,636,896$624,950$769,903
28692Vilas, NC 2869210.5 mi23$15,935,734$639,900$692,858
28616Crossnore, NC 2861612.0 mi1$279,900$279,900$279,900
28605Blowing Rock, NC 2860514.4 mi80$93,757,520$789,000$1,171,969
28698Zionville, NC 2869815.7 mi7$7,355,719$464,950$1,050,817
37643Elizabethton, TN 3764316.3 mi103$39,063,265$319,900$379,255
28611Collettsville, NC 2861117.6 mi4$1,564,000$485,000$391,000
37692Unicoi, TN 3769219.8 mi4$1,632,000$398,000$408,000
28684Todd, NC 2868420.9 mi16$11,395,600$735,000$712,225
28740Green Mountain, NC 2874022.4 mi12$13,550,664$575,000$1,129,222
37618Bluff City, TN 3761823.6 mi34$15,895,646$368,193$467,519

Frequently Asked Questions

How many homes are for sale in ELK PARK, NC 28622?

As of February 2026, there are 14 active listings in ELK PARK, NC (zip code 28622), compared to 10 the prior year.

What is the median home price in ELK PARK, NC 28622?

The median listing price in ELK PARK, NC 28622 is $586,725 as of February 2026, a 23.8% decrease from $769,925 the prior year.

How long do homes stay on the market in ELK PARK, NC?

Homes in ELK PARK, NC 28622 spend an average of 123 days on the market before going under contract, compared to 89 days the prior year.

Is it a seller's or buyer's market in ELK PARK, NC 28622?

Based on current inventory and days-on-market data as of February 2026, ELK PARK, NC 28622 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 123 days on market compared to 89 days last year.

How much can I save on real estate commission in ELK PARK, NC?

With SELL123.com's maximum 3% commission, sellers in ELK PARK, NC 28622 save an estimated $11,735 compared to a typical 5% commission on the median listing price of $586,725. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.