$784,150
$15K since July
This home's estimate is 36.2% lower than the average sale price ($1.23M) of 6 comparable homes.
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OFF MARKET
$784,150
3
bd•
3.5 ba
•
2,505
sq ft
523 Raven Ridge Rd, Banner Elk, NC 28604
About this home
523 Raven Ridge Rd is a 2,505 square foot house on a 0.88 acre lot with 3 bedrooms and 3.5 bathrooms. Based on Redfin's Banner Elk data, we estimate the home's value is $784,150.
Single-familyProperty Type
1985Year Built
0.88 acresLot Size
$313Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
Earn from this home
Rent
$3,764/mo
Redfin rental estimate
List your home for rent
Market trends in 28604, NC
Last updated July 2026
Buyer's Market
Seller's Market
Buyer's market
Sale-to-List Price
95.9%
+0.0% MoM
Median sale price
$506K
$11K MoM
Avg. days on market
72d
57 days MoM
Recently sold homes
113
11 MoM
New listings for sale
Provided by Redfin
Property details
Around this home
Banner Elk Elementary School
Public PreK-5 • Assigned • 2.3mi
Cranberry Middle School
Public 6-8 • Assigned • 3.6mi
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Sun exposure
In this area, properties receive around 8.4 hours in June and 4.9 hours in December, placing it below the U.S. average for solar exposure.
JuneDecember
Provided by Shadowmap
Estimated sale price
$745,000 – $902,000
Sell confidently with a local market expert in Banner Elk. 3 minutes to get started.
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