Winston Salem, NC Foreclosures
Current Market Conditions in in Winston Salem, NC As of April 2026?
This past month, Winston Salem’s real estate market has shown signs of slight appreciation, with an increase in home prices by around 3%. Newly listed homes are being met with robust interest and quicker sales than in previous months. Closing times have decreased as buyer competition increases, particularly in popular neighborhoods and near good school districts.
How much do homes sell for in Winston Salem, NC?
The average home price is currently $364,819.
In Winston Salem, NC, how many homes are available?
There are currently 3 active home listings available in Winston Salem.
What’s the average rental cost in Winston Salem, NC?
The average rental price in Winston Salem is $1,106.
What is the most expensive home in Winston Salem?
The most expensive home sold in Winston Salem had a price of $151,355,744.
What is currently the cheapest priced home in Winston Salem, NC?
The cheapest home for sale in Winston Salem is priced at $10,050.
Living in Winston Salem, NC
Winston Salem, located in the heart of North Carolina, is a vibrant city that combines rich history with modern-day convenience. Known for its beautiful landscapes and historical significance, the city offers a variety of cultural experiences and recreational activities. Home to many universities and colleges, Winston Salem is an excellent location for families and young professionals alike.
Buyer vs Seller Market in Winston Salem, NC
The Winston Salem real estate market is currently experiencing steady growth, with a balanced supply of homes for sale and buyer demand. Home prices have seen a moderate increase, reflecting a healthy market environment. The city's appeal, combined with its quality of life and amenities, ensures that demand remains strong for both single-family homes and apartments.
Investors are particularly interested in Winston Salem due to its diverse economic landscape, which includes healthcare, education, and manufacturing. The presence of many large employers contributes to housing stability, making it a viable market for long-term growth.
Home Value Estimator For Winston Salem, NC
There are currently 96,285 real estate properties
in Winston Salem, NC,
with a median automated valuation model (AVM) price
of $258,348.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Winston Salem, NC, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Winston Salem, NC,
is $364,819.00, with the most expensive house
in Winston Salem, NC, topping out
at $151,355,744.00 and the cheapest home
in Winston Salem, NC,
clocking in at $10,050.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Winston Salem, NC!
Rent Prices
In Winston Salem, NC
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Winston Salem, NC, is on
a rollercoaster ride. The
average rent price in Winston Salem, NC,
is $1,106.00. Indeed, when looking to rent in
Winston Salem, NC, you can expect to pay as little
as $470.00 or as much
as $2,760.00,
with the average rent median estimated to
be $1,010.00. The good news is that finding
an affordable and desirable property to rent in Winston Salem, NC
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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