The Winston-Salem housing market is somewhat competitive. Homes in Winston-Salem receive 2 offers on average and sell in around 27 days. The median sale price of a home in Winston-Salem was $265K last month, up .0% since last year. The median sale price per square foot in Winston-Salem is $168, up 6.3% since last year.
What is the housing market like in Winston-Salem today?
In April 2024, Winston-Salem home prices were up .0% compared to last year, selling for a median price of $265K. On average, homes in Winston-Salem sell after 27 days on the market compared to 27 days last year. There were 283 homes sold in April this year, up from 263 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$265,000
0.0% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Winston-Salem, NC
$265,000
0.0%
United States
To compare other locations to the Winston-Salem and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Winston-Salem's median sale price is 37% lower than the national average. Overall cost of living in Winston-Salem is 6% lower than the national average. Learn which home features in Winston-Salem add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Winston-Salem housing market?
Winston-Salem is somewhat competitive. Homes sell in 29 days.
0
100
67
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 29 days.
Hot homes
can sell for about 2% above list price and go pending in around 19 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Winston-Salem
Explore recent offers and recently sold homes in Winston-Salem
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Winston-Salem housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Winston-Salem.
Risk Factor
Flood Factor - Moderate
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Winston-Salem has a moderate risk of flooding. 6,483 properties in Winston-Salem are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in Winston-Salem. Flood risk is increasing slower than the national average.
57% of properties are at risk of wildfire over the next 30 years
Fire Factor
Winston-Salem has a moderate risk of wildfire. There are 54,959 properties in Winston-Salem that have some risk of being affected by wildfire over the next 30 years. This represents 57% of all properties in Winston-Salem.
99% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Winston-Salem has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Winston-Salem is most at risk from hurricanes. 96,193 properties in Winston-Salem have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 68 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 78 mph.