Banner Elk vs Fayetteville: Housing
| Banner Elk | Fayetteville | |
|---|---|---|
| Median Home Value | $458,100 | $188,000 |
| Median Gross Rent | $849/mo | $1,250/mo |
| Homeownership Rate | 68.9% | 47.4% |
| Rent as Share of Income | 11.8% | 25.7% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.