Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 17,643 ↓ 0.9% since 2020 |
| Median Household Income | $57,657 23% below national median |
| Median Home Value | $233,200 |
| Unemployment Rate | 4.8% |
| Median Age | 46.5 years |
| Housing Vacancy Rate | 53.3% |
| Total Land Sales (Past 12 Months) | 95 transactions |
| Active Listings | 200 properties |
| Avg Days on Market | 298 days |
Rural Land Sales (1+ Acres) (Mar 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $45,704 |
| Recent Sales | 69 transactions |
| Avg Days on Market | 180 days |
| Avg Parcel Size | 5.00 acres |
| Active Listings | 145 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Mar 2026New | 2.67 | $295,000 | $110,487 | Lot 93 Peregrine Trail | Banner Elk |
| Mar 2026New | 2.47 | $640,000 | $259,109 | S50 Cliffside Trail | Banner Elk |
| Mar 2026New | 2.95 | $5,000 | $1,695 | 101 Tatertown Rd | Newland |
| Feb 2026 | 1.56 | $155,000 | $99,359 | Lot B Tyneridge Drive | Banner Elk |
| Jan 2026 | 1.24 | $285,000 | $230,210 | Lot 3 Crestline Court | Banner Elk |
| Jan 2026 | 1.00 | $120,000 | $120,000 | 325 Horney Rd | Newland |
| Jan 2026 | 1.32 | $150,000 | $113,379 | EC1 Eagle Crest Trail | Elk Park |
| Jan 2026 | 4.13 | $300,000 | $72,639 | S27 Eagle Rock Path | Banner Elk |
| Jan 2026 | 1.03 | $37,500 | $36,408 | TBD Arnett Road | Banner Elk |
| Dec 2025 | 77.08 | $460,000 | $5,968 | 0 Whitaker Branch Rd | Newland |
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Dec 2025 | 1.78 | $50,000 | $28,090 | Lot 25 Woodthrush Way | Banner Elk |
| Dec 2025 | 2.94 | $72,500 | $24,660 | A19 Meadow Ave Loop | Banner Elk |
| Dec 2025 | 6.41 | $590,000 | $92,044 | 702 Ridge Drive | Linville |
| Dec 2025 | 6.40 | $58,225 | $9,098 | TBD HWY-321 | Sugar Grove |
| Nov 2025 | 1.37 | $355,000 | $259,124 | TBD Oz Road | Beech Mountain |
| Nov 2025 | 2.33 | $110,000 | $47,210 | TBD Heritage Ridge Road #H3 | Elk Park |
| Nov 2025 | 2.99 | $250,000 | $83,612 | F1 High Valley Overlook | Banner Elk |
| Nov 2025 | 2.70 | $680,000 | $251,852 | TBD Snowcloud Drive | Seven Devils |
| Oct 2025 | 5.06 | $111,000 | $21,937 | 0 Greenway Ln | Newland |
| Oct 2025 | 3.22 | $125,000 | $38,820 | 209 Hump View Trail | Banner Elk |
| Oct 2025 | 2.40 | $129,000 | $53,750 | 309 Hump View Trail | Banner Elk |
| Oct 2025 | 1.58 | $145,000 | $91,772 | 0 Stonecliff Trace #S-51 | Banner Elk |
| Oct 2025 | 8.34 | $495,000 | $59,353 | tbd High Valley Overlook | Banner Elk |
| Oct 2025 | 4.00 | $51,000 | $12,750 | 00 Ledford Rd | Ellenboro |
| Oct 2025 | 2.02 | $159,000 | $78,830 | ES 16 Eagle Feather | Banner Elk |
| Oct 2025 | 1.43 | $100,000 | $69,930 | Lot 37 White Fox Lane | Banner Elk |
| Oct 2025 | 3.19 | $20,000 | $6,270 | TBD Carpenter Road | Newland |
| Oct 2025 | 6.87 | $50,000 | $7,278 | TBD Cow Camp Road | Newland |
| Oct 2025 | 2.82 | $435,000 | $154,255 | Lot 33 Eagles Nest Trail | Banner Elk |
| Oct 2025 | 2.00 | $162,500 | $81,250 | Lot 5 Finally Way | Banner Elk |
| Sep 2025 | 1.00 | $37,500 | $37,500 | Lot 2 Buckeye Ridge Road | Beech Mountain |
| Sep 2025 | 19.14 | $155,000 | $8,097 | TBD Double Head Mountain Road | Newland |
| Sep 2025 | 6.39 | $75,000 | $11,737 | TBD Little Squirrel Creek Road | Newland |
| Sep 2025 | 1.30 | $70,000 | $53,846 | Lot 9 Oak Street | Linville |
| Sep 2025 | 4.28 | $28,719 | $6,710 | 0 Stamey Branch Rd | Newland |
| Sep 2025 | 1.16 | $55,000 | $47,414 | Lot 12 Toe River Lane | Newland |
| Sep 2025 | 2.29 | $100,000 | $43,668 | TBD Heritage Ridge Road #H5 | Elk Park |
| Sep 2025 | 1.21 | $18,000 | $14,876 | TBD Red Clover | Beech Mountain |
| Sep 2025 | 1.21 | $18,000 | $14,876 | Red Clover Rd | Elk Park |
| Sep 2025 | 12.14 | $50,000 | $4,119 | 0 Gusher Knob Rd | Newland |
| Sep 2025 | 1.06 | $85,000 | $79,887 | 40 Eagle Creek Trail | Banner Elk |
| Aug 2025 | 1.32 | $610,000 | $462,121 | Lot L67 Eagles Nest Trail | Banner Elk |
| Aug 2025 | 3.15 | $425,000 | $134,921 | Lot 7017 Summit Forest Way | Banner Elk |
| Aug 2025 | 1.15 | $285,000 | $247,181 | C110 Mossy Bark Trail | Banner Elk |
| Aug 2025 | 11.76 | $225,000 | $19,133 | 635 Ridge Ln | Linville |
| Aug 2025 | 1.82 | $87,000 | $47,802 | Lot 3 Toe River Lane | Newland |
| Aug 2025 | 5.40 | $80,000 | $14,815 | 1896 Blevins Creek Road | Elk Park |
| Aug 2025 | 1.87 | $190,000 | $101,604 | N-74 Eagles Nest Trail | Banner Elk |
| Jul 2025 | 3.72 | $237,000 | $63,710 | C-90 Foxfire Court | Banner Elk |
| Jul 2025 | 2.35 | $225,000 | $95,745 | 51 Eagle Creek Trail | Banner Elk |
| Jul 2025 | 3.81 | $585,000 | $153,543 | L28 Oz View Trail | Banner Elk |
| Jul 2025 | 7.60 | $165,000 | $21,711 | TBD Hickory Nut Gap Road | Banner Elk |
| Jul 2025 | 15.00 | $45,000 | $3,000 | 0 Buck Hill Road | Newland |
| Jul 2025 | 1.12 | $18,000 | $16,071 | 3 Lots Woodland Hills Drive | Elk Park |
| Jul 2025 | 3.28 | $150,000 | $45,704 | Lot 62 Rippling Waters Trail | Banner Elk |
| Jul 2025 | 2.71 | $85,000 | $31,365 | TBD Little Buck Hill Road | Newland |
| Jun 2025 | 5.04 | $80,000 | $15,873 | Tract 105 Buckeye Creek | Beech Mountain |
| Jun 2025 | 1.37 | $87,000 | $63,504 | Lots 12/13 Turkey Trail | Sugar Mountain |
| Jun 2025 | 9.49 | $70,000 | $7,376 | 0 Chestnut Dale | Newland |
| Jun 2025 | 5.96 | $145,000 | $24,329 | 722 Birchfield Creek Road | Newland |
| May 2025 | 2.02 | $375,000 | $185,644 | Lot 37 Eagles Nest Trail | Banner Elk |
| May 2025 | 3.37 | $55,000 | $16,320 | TBD/Lots 3,4,8,9 Cranberry View Drive | Newland |
| May 2025 | 4.24 | $34,000 | $8,019 | TBD Birchfield Creek | Newland |
| May 2025 | 12.03 | $65,000 | $5,403 | 0 Elk Park Highway | Elk Park |
| Apr 2025 | 3.26 | $71,000 | $21,779 | Lots 12-14 Toe River Lane | Newland |
| Apr 2025 | 1.20 | $180,000 | $150,628 | ES-35 Eagle Springs Trail | Banner Elk |
| Apr 2025 | 2.75 | $85,000 | $30,909 | 632 Rock Ledge Way | Linville |
| Mar 2025 | 8.91 | $90,000 | $10,101 | 8.9+/- Acres Elk River Road | Elk Park |
| Mar 2025 | 2.81 | $160,000 | $56,940 | Lot S-58 Silver Eagle Trail | Banner Elk |
Suburban/Urban Land Sales (Under 1 Acre) (Sep 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $79,900 |
| Recent Sales | 26 transactions |
| Avg Days on Market | 101 days |
| Avg Parcel Size | 0.46 acres |
| Active Listings | 55 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Feb 2026 | 0.24 | $11,000 | 104 Ivy Rd | Newland |
| Feb 2026 | 0.68 | $6,500 | TBD White Pine Circle | Elk Park |
| Feb 2026 | 0.79 | $75,000 | 38 Sugar Tree Lane | Sugar Mountain |
| Jan 2026 | 0.06 | $126,000 | 104 Beechtop Road | Beech Mountain |
| Jan 2026 | 0.53 | $165,000 | 209 Cloud Spring | Sugar Mountain |
| Jan 2026 | 0.53 | $165,000 | 210 Cloud Spring Drive | Sugar Mountain |
| Jan 2026 | 0.54 | $165,000 | 208 Cloud Spring Drive | Sugar Mountain |
| Jan 2026 | 0.32 | $8,100 | TBD Farview Lane | Newland |
| Dec 2025 | 0.41 | $13,500 | TBD Swiss Lane | Seven Devils |
| Dec 2025 | 0.41 | $79,900 | 109 Puddingstone Pkwy #23 | Banner Elk |
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Dec 2025 | 0.42 | $79,900 | 109 Puddingstone Parkway | Banner Elk |
| Dec 2025 | 0.55 | $43,500 | Lot 77 Rock Spring Circle | Sugar Mountain |
| Dec 2025 | 0.49 | $125,000 | Lot 108 Buena Vista Loop | Sugar Mountain |
| Dec 2025 | 0.61 | $49,900 | 2873 Elk River Rd Lot 4 | Elk Park |
| Nov 2025 | 0.12 | $65,000 | 71 Meadow Loop | Newland |
| Nov 2025 | 0.53 | $148,000 | 72 Sunset Strip | Beech Mountain |
| Nov 2025 | 0.36 | $22,500 | TBD Hawk Lane | Beech Mountain |
| Nov 2025 | 0.10 | $5,995 | 72 Sourwood Knoll | Newland |
| Oct 2025 | 0.48 | $57,500 | TBD (Lot 63) Timber Ridge Road | Sugar Mountain |
| Oct 2025 | 0.48 | $30,000 | Lot 93 Moonlight Trail | Seven Devils |
| Oct 2025 | 0.72 | $210,000 | Lot 35 Misty Hollow Lane | Beech Mountain |
| Oct 2025 | 0.80 | $300,000 | 103 Misty Hollow Ln | Beech Mountain |
| Oct 2025 | 0.13 | $110,000 | 251 Teaberry Lane | Newland |
| Oct 2025 | 0.08 | $23,500 | Lot 32 Skiloft Road | Beech Mountain |
| Sep 2025 | 0.78 | $115,000 | Lot 206 Sokassa Road | Newland |
| Sep 2025 | 0.67 | $160,000 | TBD Green Cliffs Road | Sugar Mountain |
County Profile
| Demographic | Value |
|---|---|
| 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 Units | 14,051 |
| Vacant Housing Units | 7,492 |
| Housing Vacancy Rate | 53.3% |
| Median Age | 46.5 |
| Bachelor's Degree or Higher | 1,846 (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.
Related Resources
Nearby County Reports
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.
