28604 — Banner Elk, NC Home Values
Typical home value $498,537 as of June 2026 · 3rd of 8 in Boone, NC
Blue: typical home value (Zillow ZHVI) in ZIP code 28604, June 2021 to June 2026. This page shows observed data only; no forecast.
How 28604 compares in the Boone, NC area
ZIP code 28604 (Banner Elk, NC) has a typical home value of $498,537 as of June 2026, ranking 3rd of 8 ZIP codes tracked in the Boone, NC area, more expensive than about 75% of ZIP codes in the metro. Prices here have moved -1.2% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +32.9%, from $375,181 in June 2021 to $498,537 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Boone, NC forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Boone.
Population and demographics
ZIP code 28604 has a population of 7,280, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 86.8% White, 5.8% Hispanic or Latino, 4.2% two or more races, 1.7% Black or African American, 1.1% Asian, 0.2% American Indian or Alaska Native, 0.1% Native Hawaiian or Pacific Islander, and 0.1% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Banner Elk Elementary | 155 Orchard Lane, Banner Elk, NC | 2 mi |
| Valle Crucis Elementary | 2998 Broadstone Road, Sugar Grove, NC | 5 mi |
| Freedom Trail Elementary | 6110 North US Hwy 19E, Elk Park, NC | 6.3 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 28604?
$498,537 as of June 2026, the latest month Zillow has published observed data for.
Is 28604 an expensive ZIP code in the Boone, NC area?
28604 ranks 3rd of 8 ZIP codes in the Boone, NC area by typical home value, more expensive than about 75% of ZIP codes in the metro.
How much have home values in 28604 changed over the past year?
-1.2% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 28604?
7,280, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 28604?
Banner Elk Elementary (2 mi), Valle Crucis Elementary (5 mi), Freedom Trail Elementary (6.3 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 28604?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Boone, NC forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.