Market Snapshot

Report generated March 2026

IndicatorValue
Population17,643
↓ 0.9% since 2020
Median Household Income$57,657
23% below national median
Median Home Value$233,200
Unemployment Rate4.8%
Median Age46.5 years
Housing Vacancy Rate53.3%
Total Land Sales (Past 12 Months)95 transactions
Active Listings200 properties
Avg Days on Market298 days

Rural Land Sales (1+ Acres) (Mar 2025 – Mar 2026)

MetricValue
Median Price/Acre$45,704
Recent Sales69 transactions
Avg Days on Market180 days
Avg Parcel Size5.00 acres
Active Listings145 properties

Recent Rural Land Sales

DateAcresPrice$/AcreAddressCity
Mar 2026New2.67$295,000$110,487Lot 93 Peregrine TrailBanner Elk
Mar 2026New2.47$640,000$259,109S50 Cliffside TrailBanner Elk
Mar 2026New2.95$5,000$1,695101 Tatertown RdNewland
Feb 20261.56$155,000$99,359Lot B Tyneridge DriveBanner Elk
Jan 20261.24$285,000$230,210Lot 3 Crestline CourtBanner Elk
Jan 20261.00$120,000$120,000325 Horney RdNewland
Jan 20261.32$150,000$113,379EC1 Eagle Crest TrailElk Park
Jan 20264.13$300,000$72,639S27 Eagle Rock PathBanner Elk
Jan 20261.03$37,500$36,408TBD Arnett RoadBanner Elk
Dec 202577.08$460,000$5,9680 Whitaker Branch RdNewland
DateAcresPrice$/AcreAddressCity
Dec 20251.78$50,000$28,090Lot 25 Woodthrush WayBanner Elk
Dec 20252.94$72,500$24,660A19 Meadow Ave LoopBanner Elk
Dec 20256.41$590,000$92,044702 Ridge DriveLinville
Dec 20256.40$58,225$9,098TBD HWY-321Sugar Grove
Nov 20251.37$355,000$259,124TBD Oz RoadBeech Mountain
Nov 20252.33$110,000$47,210TBD Heritage Ridge Road #H3Elk Park
Nov 20252.99$250,000$83,612F1 High Valley OverlookBanner Elk
Nov 20252.70$680,000$251,852TBD Snowcloud DriveSeven Devils
Oct 20255.06$111,000$21,9370 Greenway LnNewland
Oct 20253.22$125,000$38,820209 Hump View TrailBanner Elk
Oct 20252.40$129,000$53,750309 Hump View TrailBanner Elk
Oct 20251.58$145,000$91,7720 Stonecliff Trace #S-51Banner Elk
Oct 20258.34$495,000$59,353tbd High Valley OverlookBanner Elk
Oct 20254.00$51,000$12,75000 Ledford RdEllenboro
Oct 20252.02$159,000$78,830ES 16 Eagle FeatherBanner Elk
Oct 20251.43$100,000$69,930Lot 37 White Fox LaneBanner Elk
Oct 20253.19$20,000$6,270TBD Carpenter RoadNewland
Oct 20256.87$50,000$7,278TBD Cow Camp RoadNewland
Oct 20252.82$435,000$154,255Lot 33 Eagles Nest TrailBanner Elk
Oct 20252.00$162,500$81,250Lot 5 Finally WayBanner Elk
Sep 20251.00$37,500$37,500Lot 2 Buckeye Ridge RoadBeech Mountain
Sep 202519.14$155,000$8,097TBD Double Head Mountain RoadNewland
Sep 20256.39$75,000$11,737TBD Little Squirrel Creek RoadNewland
Sep 20251.30$70,000$53,846Lot 9 Oak StreetLinville
Sep 20254.28$28,719$6,7100 Stamey Branch RdNewland
Sep 20251.16$55,000$47,414Lot 12 Toe River LaneNewland
Sep 20252.29$100,000$43,668TBD Heritage Ridge Road #H5Elk Park
Sep 20251.21$18,000$14,876TBD Red CloverBeech Mountain
Sep 20251.21$18,000$14,876Red Clover RdElk Park
Sep 202512.14$50,000$4,1190 Gusher Knob RdNewland
Sep 20251.06$85,000$79,88740 Eagle Creek TrailBanner Elk
Aug 20251.32$610,000$462,121Lot L67 Eagles Nest TrailBanner Elk
Aug 20253.15$425,000$134,921Lot 7017 Summit Forest WayBanner Elk
Aug 20251.15$285,000$247,181C110 Mossy Bark TrailBanner Elk
Aug 202511.76$225,000$19,133635 Ridge LnLinville
Aug 20251.82$87,000$47,802Lot 3 Toe River LaneNewland
Aug 20255.40$80,000$14,8151896 Blevins Creek RoadElk Park
Aug 20251.87$190,000$101,604N-74 Eagles Nest TrailBanner Elk
Jul 20253.72$237,000$63,710C-90 Foxfire CourtBanner Elk
Jul 20252.35$225,000$95,74551 Eagle Creek TrailBanner Elk
Jul 20253.81$585,000$153,543L28 Oz View TrailBanner Elk
Jul 20257.60$165,000$21,711TBD Hickory Nut Gap RoadBanner Elk
Jul 202515.00$45,000$3,0000 Buck Hill RoadNewland
Jul 20251.12$18,000$16,0713 Lots Woodland Hills DriveElk Park
Jul 20253.28$150,000$45,704Lot 62 Rippling Waters TrailBanner Elk
Jul 20252.71$85,000$31,365TBD Little Buck Hill RoadNewland
Jun 20255.04$80,000$15,873Tract 105 Buckeye CreekBeech Mountain
Jun 20251.37$87,000$63,504Lots 12/13 Turkey TrailSugar Mountain
Jun 20259.49$70,000$7,3760 Chestnut DaleNewland
Jun 20255.96$145,000$24,329722 Birchfield Creek RoadNewland
May 20252.02$375,000$185,644Lot 37 Eagles Nest TrailBanner Elk
May 20253.37$55,000$16,320TBD/Lots 3,4,8,9 Cranberry View DriveNewland
May 20254.24$34,000$8,019TBD Birchfield CreekNewland
May 202512.03$65,000$5,4030 Elk Park HighwayElk Park
Apr 20253.26$71,000$21,779Lots 12-14 Toe River LaneNewland
Apr 20251.20$180,000$150,628ES-35 Eagle Springs TrailBanner Elk
Apr 20252.75$85,000$30,909632 Rock Ledge WayLinville
Mar 20258.91$90,000$10,1018.9+/- Acres Elk River RoadElk Park
Mar 20252.81$160,000$56,940Lot S-58 Silver Eagle TrailBanner Elk

Suburban/Urban Land Sales (Under 1 Acre) (Sep 2025 – Feb 2026)

MetricValue
Median Lot Price$79,900
Recent Sales26 transactions
Avg Days on Market101 days
Avg Parcel Size0.46 acres
Active Listings55 properties

Recent Suburban/Urban Land Sales

DateAcresPriceAddressCity
Feb 20260.24$11,000104 Ivy RdNewland
Feb 20260.68$6,500TBD White Pine CircleElk Park
Feb 20260.79$75,00038 Sugar Tree LaneSugar Mountain
Jan 20260.06$126,000104 Beechtop RoadBeech Mountain
Jan 20260.53$165,000209 Cloud SpringSugar Mountain
Jan 20260.53$165,000210 Cloud Spring DriveSugar Mountain
Jan 20260.54$165,000208 Cloud Spring DriveSugar Mountain
Jan 20260.32$8,100TBD Farview LaneNewland
Dec 20250.41$13,500TBD Swiss LaneSeven Devils
Dec 20250.41$79,900109 Puddingstone Pkwy #23Banner Elk
DateAcresPriceAddressCity
Dec 20250.42$79,900109 Puddingstone ParkwayBanner Elk
Dec 20250.55$43,500Lot 77 Rock Spring CircleSugar Mountain
Dec 20250.49$125,000Lot 108 Buena Vista LoopSugar Mountain
Dec 20250.61$49,9002873 Elk River Rd Lot 4Elk Park
Nov 20250.12$65,00071 Meadow LoopNewland
Nov 20250.53$148,00072 Sunset StripBeech Mountain
Nov 20250.36$22,500TBD Hawk LaneBeech Mountain
Nov 20250.10$5,99572 Sourwood KnollNewland
Oct 20250.48$57,500TBD (Lot 63) Timber Ridge RoadSugar Mountain
Oct 20250.48$30,000Lot 93 Moonlight TrailSeven Devils
Oct 20250.72$210,000Lot 35 Misty Hollow LaneBeech Mountain
Oct 20250.80$300,000103 Misty Hollow LnBeech Mountain
Oct 20250.13$110,000251 Teaberry LaneNewland
Oct 20250.08$23,500Lot 32 Skiloft RoadBeech Mountain
Sep 20250.78$115,000Lot 206 Sokassa RoadNewland
Sep 20250.67$160,000TBD Green Cliffs RoadSugar Mountain

County Profile

DemographicValue
Total Population (2023)17,643
Population (2020)17,806
Population Growth-0.92%
Median Household Income$57,657
Median Home Value$233,200
Total Housing Units14,051
Vacant Housing Units7,492
Housing Vacancy Rate53.3%
Median Age46.5
Bachelor's Degree or Higher1,846 (10.5%)
Unemployment Rate (BLS)3.2%

Market Overview

Avery County, North Carolina has a population of 17,643, which has declined 0.92% since 2020. The median household income is $57,657, below the national median of $74,580 by 22.7%. With a median home value of $233,200 and an unemployment rate of 3.2%, the local economy is moderate. The housing vacancy rate of 53.3% suggests soft market conditions. The county's location in North Carolina makes it accessible for investors and developers seeking rural land. Recent rural land sales show a median price of $39,403 per acre, with properties averaging 8.40 acres. There are currently 200 active land listings in the county.

Frequently Asked Questions

What is the current population of Avery County, North Carolina?
As of the 2023 American Community Survey, Avery County has a population of 17,643. The county has declined 0.92% since the 2020 Census.
What is the median household income in Avery County?
The median household income in Avery County is $57,657, which is 22.7% below the national median of $74,580.
Is Avery County growing or shrinking?
Avery County is shrinking. The population has declined 0.92% since 2020.
What is the housing market like in Avery County?
The median home value in Avery County is $233,200. The housing vacancy rate is 53.3%, which suggests soft market conditions. The unemployment rate is 3.2%, indicating a moderate local economy. Recent rural land sales (1+ acres) show a median price of $39,403 per acre. Suburban/urban lots under 1 acre have a median lot price of $65,000.
Does Reelvest buy land in Avery County, North Carolina?
Yes! Reelvest Properties buys vacant land throughout North Carolina, including Avery County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.