Winston Salem, NC Home Values & Market Trends

Real estate market trends reflect that there have been 4,593 transactions over the past year in Winston Salem. The median value for residential home transactions that occurred over the previous year is $240,119.87. The number of current listings in Winston Salem is 336, and the percentage of properties for sale in the city is 336.00%. Winston Salem, NC currently has 76 properties in foreclosure, 2 bank owned properties, 41 properties headed for auction, and 336 properties for sale.

Winston Salem, NC Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
27106

$ 310,698

$ 149/sqft

27110

$ --

$ --

27127

$ 270,021

$ 143/sqft

27103

$ 259,124

$ 155/sqft

27107

$ 201,807

$ 146/sqft

27104

$ 312,135

$ 147/sqft

27105

$ 161,084

$ 126/sqft

27101

$ 299,900

$ 158/sqft

27108

$ --

$ --

27157

$ --

$ --

27109

$ --

$ --

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Housing Market Summary for Winston Salem, NC

Oct 2022September 2023Change
Median Listing Price$261.1K$241.7K-7.43%
Median Sold Price$240.4K$241.7K0.56%
Homes For Sale345315-8.70%
Homes Sold3,6022,820-21.71%
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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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Recently Sold Homes

Explore recent offers and recently sold homes in Winston Salem, NC

Browse Homes in Winston Salem, NC

Winston Salem home values range from $19,142 to $43,963,224. The median estimated value of a home in Winston Salem is $240,119.87. The median list price of a home is 259,950, and the total count of properties in the city is 86,962.

Foreclosure
There are 11 zips within Winston Salem, NC; within these zips, the median estimated home value for homes in foreclosure ranges from $545,000 in 27105 to the lowest value of $27,534 in 27105. Foreclosure homes account for 0.00% of properties in Winston Salem, NC with 27107 containing 20 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.04% of all residential properties in Winston Salem, NC with 27127 containing 10 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 11 zips within Winston Salem, NC; of those zips, the estimated home value for pre-foreclosure homes ranges from $421,146 in 27103 to the lowest home value of $27,534 in 27105.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Winston Salem, NC ranges from the highest value of $61,676 in 27106 to the lowest value of $61,676 in 27105. Bank owned homes and properties account for 0.00% of properties in Winston Salem, NC. There are 11 zips within Winston Salem, NC; 27105 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    27107 has 14 auction properties, the highest number of properties going to auction in a single zip in the state of Winston Salem, NC. Auction homes and other auction properties account for 0.05% of all properties in Winston Salem, NC. There are 11 zips within Winston Salem, NC; of those zips, the median estimated home value for homes going to auction ranges from $319,229 in 27104 to the lowest value of $106,333 in 27104.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.39% of residential properties in Winston Salem, NC with 27106 containing 73 homes for sale, the highest number of listed properties in a single zip. There are 11 zips within Winston Salem, NC; homes for sale in those zips, have a range of median values from $2,590,537 in 27104 to the lowest value of $40,668 in 27107.
    Sold Homes
    The median value for recently sold homes ranges from $1,699,920 in 27104 to the lowest price of $19,724 in 27104. There are 11 zips within Winston Salem, NC. 27107 has 499 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.01% of properties in Winston Salem, NC.

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      Guide for Winston Salem, NC

      Home Buying Financing
      What is an REO Property and How to Buy It
      Home Buying Guides
      The Difference Between A Short Sale And A Foreclosure
      Home Buying Guides
      What Happens When A Property Goes Into Foreclosure?
      Home Buying Guides
      Avoiding Scams in Pre-Foreclosure Deals
      See More Articles
      What is an REO Property and How to Buy It
      Home Buying Financing|posted 27 September 2023

      Have you been interested in REO, or real estate owned, properties? RealtyTrac helps you understand what they are and how can you buy one.

      The Difference Between A Short Sale And A Foreclosure
      Home Buying Guides|posted 26 September 2023

      You know what a foreclosure is. You are familiar with short sales. But what are the true differences between them?

      What Happens When A Property Goes Into Foreclosure?
      Home Buying Guides|posted 24 September 2023

      Want to learn about the foreclosure process? Our article explains it all.

      Avoiding Scams in Pre-Foreclosure Deals
      Home Buying Guides|posted 30 August 2023

      How do you avoid scams when you are in pre-foreclosure? We’ve got the info here.

      Recently Listed Homes Winston Salem, NC