Forsyth County, NC Home Values & Market Trends

The median home price in Forsyth County, NC is $251,983.05. There were 6,635 home sales in Forsyth County, NC over the past 12 months. The median residential Forsyth County, NC home value for transactions over the previous year is $237,496.33. The number of current listings in Forsyth County, NC is 471, and the percentage of properties for sale is 471.00%. The county has 97 foreclosures, 6 bank owned properties, 46 headed for auction, and 471 properties for sale.

Forsyth County, NC Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Winston Salem

$ 252,400

$ 152/sqft

Rural Hall

$ 258,500

$ 145/sqft

Kernersville

$ 337,000

$ 159/sqft

Walkertown

$ 280,750

$ 149/sqft

Clemmons

$ 413,647

$ 150/sqft

Tobaccoville

$ 272,039

$ 144/sqft

Pfafftown

$ 300,000

$ 130/sqft

Belews Creek

$ 676,049

$ 279/sqft

Lewisville

$ 363,250

$ 173/sqft

Housing Market Summary for Forsyth County, NC

Mar 2023February 2024Change
Median Listing Price$282.3K$242.5K-14.11%
Median Sold Price$246.1K$242.5K-1.46%
Homes For Sale4494674.01%
Homes Sold3,8263,429-10.38%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Forsyth County, NC

Forsyth County, NC home values range from $18,158 to $61,946,591. Belews Creek is the priciest city with a median listing home price of $685,000, and Tobaccoville is most affordable with average house prices of around $234,950.

Foreclosure
There are 9 cities within Forsyth County, NC; within these cities, the median estimated home value for homes in foreclosure ranges from $370,856 in Winston Salem to the lowest value of $44,957 in Winston Salem. Foreclosure homes account for 0.00% of properties in Forsyth County, NC with Winston Salem containing 73 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.03% of all residential properties in Forsyth County, NC with Winston Salem containing 32 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 9 cities within Forsyth County, NC; of those cities, the estimated home value for pre-foreclosure homes ranges from $741,577 in Belews Creek to the lowest home value of $71,365 in Winston Salem.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Forsyth County, NC ranges from the highest value of $257,750 in Tobaccoville to the lowest value of $79,900 in Winston Salem. Bank owned homes and properties account for 0.00% of properties in Forsyth County, NC. There are 9 cities within Forsyth County, NC; Winston Salem containing 3 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Winston Salem has 38 auction properties, the highest number of properties going to auction in a single city in the state of Forsyth County, NC. Auction homes and other auction properties account for 0.03% of all properties in Forsyth County, NC. There are 9 cities within Forsyth County, NC; of those cities, the median estimated home value for homes going to auction ranges from $741,371 in Belews Creek to the lowest value of $44,957 in Belews Creek.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.36% of residential properties in Forsyth County, NC with Winston Salem containing 338 homes for sale, the highest number of listed properties in a single city. There are 9 cities within Forsyth County, NC; homes for sale in those cities, have a range of median values from $1,100,000 in Belews Creek to the lowest value of $47,072 in Kernersville.
    Sold Homes
    The median value for recently sold homes ranges from $863,013 in Belews Creek to the lowest price of $18,104 in Belews Creek. There are 9 cities within Forsyth County, NC. Winston Salem has 2225 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.52% of properties in Forsyth County, NC.

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      Guide for Forsyth County, NC

      Foreclosure
      North Carolina Foreclosure Laws
      Buy to Rent
      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent
      Charlotte’s Real Estate Market Sees Incremental Rise Amidst Fluctuations in 2023
      Buy to Rent
      Raleigh Real Estate Grows in 2023: Overview and Comparison to Neighboring Markets
      See More Articles
      North Carolina Foreclosure Laws
      Foreclosure|posted 6 June 2019

      North Carolina Foreclosure Laws

      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent|posted 29 February 2024

      The Durham, NC real estate market is showing dynamic trends, with fluctuations in property value and sold prices across the year and in neighboring cities. Local demand, economic factors, and community growth have created a complex market with growth potential, minimal distressed sales, and distinct opportunities for various buyer segments.

      Charlotte’s Real Estate Market Sees Incremental Rise Amidst Fluctuations in 2023
      Buy to Rent|posted 12 February 2024

      This blog post explores the varying property values and real estate trends in Charlotte, North Carolina and its surrounding areas within a span of a year. The analysis provides insights into median property values, square foot prices, sold properties, foreclosures, market health, and local submarkets.

      Raleigh Real Estate Grows in 2023: Overview and Comparison to Neighboring Markets
      Buy to Rent|posted 6 February 2024

      Raleigh’s real estate market in 2023 displays robust growth with increased average property values and sold prices. However, contrasting trends in neighboring cities such as Zebulon, Youngsville, Wilson, and Yanceyville underline the need for thorough market understanding for real estate investments.