Banner Elk, North Carolina Short Term Rental Regulations
Navigate short-term rental regulations with ease! From coastal retreats to urban hubs, our in-depth guides break down the essentials for cities across the nation. Stay informed of changes to local Airbnb rules with our up-to-date insights and best practices.
Reviewed by Karolyn Hutson
Last updated August 23, 2023
Banner Elk Short-Term Rental Regulations
Information is maintained by the community to provide helpful insights and links to local regulations, HostScouts does not provide legal or investment advice.
Is something not quite right? Registered users can suggest changes to this guide.
-
Short Term City Rating5.4
-
Competition
3.0 -
Real Estate Cost
6.7 -
STR Regulations
N/A -
Seasonality
6.9 -
Rental Rates
5.2
Banner Elk, North Carolina Quick Stats
Short-term rentals have gained a lot of traction in the last few years. The trends and statistics of this sector are constantly changing, and having access to accurate data is essential for making sound investment decisions.
- Population
- 1,149
- STR License Required
- No
- Tourist Season
- County
- Watauga
- Airports
- Tri-Cities Regional TN/VA Airport (TRI)
- Asheville Regional Airport (AVL)
Want to learn more about Banner Elk?
Hostscouts has you covered. Our guides for this city cover topics that can help you research cities across the US quickly and easily.
Check out our Banner Elk rental analytics guide if you're interested in data on the Banner Elk rental market.
Review the popular activities that hosts include in their property positing in Banner Elk.
The most popular local and regional landmarks hosts usually include in their Airbnb or Vrbo property listings.
Explore nightly rates that hosts list their properties and the average fees for pets and additional guests.
What are the most popular property sizes for rent? Research whether a 1, 2, or 3 bedroom best fits Banner Elk guests.
Interested in other North Carolina cities?
Check out the North Carolina Airbnb rules directory
What makes Banner Elk a great place to invest?
- Year-round outdoor activities: Banner Elk is a paradise for outdoor enthusiasts, with thrilling activities in every season. During winter, hit the slopes at Sugar Mountain and Beech Mountain ski resorts. In warmer months, explore the countless hiking and biking trails that weave through the lush, green landscape.
- Grandfather Mountain State Park: Discover the wonders of nature at this awe-inspiring state park. Home to the iconic Mile High Swinging Bridge, visitors can enjoy breathtaking panoramic views, encounter native wildlife, and hike the park's diverse trails, ranging from leisurely strolls to challenging treks.
- Fine dining and local flavors: Indulge your taste buds at the many farm-to-table restaurants in Banner Elk, offering delicious cuisine made from fresh, local ingredients. Don't miss out on the area's thriving wine scene, with several award-winning wineries offering tours and tastings.
- Lees-McRae College Summer Theatre: Experience top-notch live performances at this renowned theater, showcasing an array of musicals, plays, and concerts during the summer months. The charming campus of Lees-McRae College also hosts art exhibitions and other cultural events throughout the year.
- Whitewater Rafting and Zipline Adventures: Get your adrenaline pumping with a thrilling whitewater rafting trip down the Watauga River, or soar through the treetops on a zipline tour, taking in the stunning natural beauty of Banner Elk from above.
- Elk River Falls: Hike to this magnificent, 50-foot waterfall and enjoy the serene atmosphere as you marvel at the cascading waters. The perfect spot for a picnic, Elk River Falls is a must-visit attraction for nature lovers and photographers alike.
Banner Elk Nearby Cities
-
-
47 miles away
- Rating: 5.6
-
-
-
50 miles away
- Rating: 6.4
-
Local Real Estate
How expensive is the real estate in Banner Elk?
The cost of real estate can vary widely depending on the location, size, and features of the property, as well as market conditions. The median home value in Banner Elk has decreased -3% over the past year, and the average price per square foot is $314, which is higher than the national average.
-
Median Sale Price
-
$432,880
-3% YoY
-
Median per Square Foot
-
$314
2% YoY
Local Short-Term Rental News for Banner Elk
The most common terms hosts include in their listings for Banner Elk, North Carolina
Common terms for Banner Elk short term rental listings.
When potential guests are scrolling through listings on Airbnb, they’re looking for certain essential information to help them decide if your property is the right fit for their needs. As a host, ensuring that your listing includes all the relevant information that guests will be looking for is vital.
Some of the must-have elements of a property description include:
- Location: Guests will want to know where your property is located in relation to popular attractions, public transportation, and other points of interest.
- Amenities: What amenities does your property offer? Be sure to list all features guests can access, such as a pool, hot tub, parking, etc.
- Informative: The average listing in Banner Elk has a description approximately 2,375 words long. Make sure yours is long enough to describe your property but doesn't require your potential guest to read a novel.
After reviewing more than 3,448 listings in Banner Elk, we've consolidated the most common terms on the word cloud. The larger text represents a term that is used more often. The top ten mentioned terms are Beech Mountain, Deck, Cabin, Sugar Mountain, Banner Elk, Hot tub, View, Family, Ski Resort, and Grandfather Mountain.
What are the most popular tourist activities in Banner Elk?
Whether renting a house, an apartment, or a room, you should include popular tourist activities in your posting. The most common choices mentioned on property listings in Banner Elk involve Hiking, Snow Skiing, Mountain Biking, Snowboarding, and Sledding. When you write your listing, have a section with recommended activities near the property to give your guests an idea of what is available.
-
Hiking
-
Snow Skiing
-
Mountain Biking
-
Snowboarding
-
Sledding
-
Rafting
-
Wildlife Viewing
-
Winery Tours
-
Adventure Activities
-
Antiquing
-
Rock Climbing
-
Ice Skating
Local Attractions
What attractions do hosts highlight to guests?
There are quite a few popular attractions in Banner Elk, including Sugar Mountain Resort, Beech Mountain Resort, Grandfather Mountain, Appalachian State University, and Appalachian Ski Mtn.. Below we've included the most popular local and regional landmarks hosts usually include in their Airbnb or Vrbo property listings. Many hosts like to show off lesser-known regional landmarks visitors might not have heard of.
-
Well Known Attraction
-
Sugar Mountain Resort
Included on nearly all listings
-
Well Known Attraction
-
Beech Mountain Resort
Included on nearly all listings
-
Regional Landmark
-
Grandfather Mountain
Included on nearly all listings
-
Regional Landmark
-
Hawksnest Tubing Park
Included on nearly all listings
-
Regional Landmark
-
Appalachian State University
Included on most listings
-
Local Landmark
-
Kidd Brewer Stadium
Included on most listings
-
Local Landmark
-
Watauga Lake
Included on 91% of listings
-
Regional Landmark
-
Appalachian Ski Mtn.
Included on 82% of listings
-
Local Landmark
-
Roan Mountain State Park
Included on 68% of listings
-
Regional Landmark
-
Tweetsie Railroad
Included on 59% of listings
-
Regional Landmark
-
The Blowing Rock
Included on 51% of listings
-
Local Landmark
-
Linville Caverns
Included on 0% of listings
What’s the weather like in Banner Elk, North Carolina?
The weather is generally milder than the national average, with an average high temperature of around 58°, while the average low is about 39°. The rainfall is much heavier, averaging about 36 inches per year, compared to the national average of about 27 inches. Snowfall can be rather heavy, averaging less than 39 inches per year. The humidity levels in Banner Elk are generally lower than the national average, and the city has a mix of clouds and sunshine for most of the year.
Winter
December through February
24° Low 40° High
Spring
March through May
38° Low 58° High
Summer
June through August
56° Low 74° High
Fall
September through November
40° Low 59° High
Cities Near Banner Elk
Banner Elk, North Carolina, is located in Watauga County. Some cities that are located nearby include:
