Winston-Salem, North Carolina, is a dynamic city in Forsyth County with a population of about 250,000, blending rich history with modern innovation. Known as the "City of Arts and Innovation," it boasts a vibrant cultural scene, anchored by the historic Reynolda House Museum of American Art and the thriving arts district in Old Salem, a preserved 18th-century Moravian settlement. Winston-Salem is also a hub for education and industry, home to Wake Forest University and a legacy in tobacco manufacturing, now evolving into a center for biotechnology and healthcare. The city’s downtown buzzes with craft breweries, farm-to-table restaurants, and festivals like the National Black Theatre Festival, while nearby parks and the scenic Blue Ridge Mountains offer abundant outdoor recreation. With its blend of heritage, creativity, and forward-thinking spirit, Winston-Salem is a welcoming destination for residents and visitors alike.
Winston-Salem currently has 53 single family homes for sale with an average list price of $531,227.13, 1 townhouse for sale with a list price of $265,000, 5 condos for sale with an average list price of $171,260, and 2 lots for sale with an average list price of $1,675,000.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Winston-Salem, i.e. what's hot and what's not.
See What's Hot & What's Not in Winston-SalemWinston-Salem home sales for the month of November rose in volume by 50% when compared to last year, while the median sale price rose by 91% from $250,000 to $477,500. House sales rose by 16.7%, while the median sale price rose by 128% from $250,000 to $570,000. Condo sales decreased, while the median sale price decreased.
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48
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42
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65
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88
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| 2021 | 2022 | 2023 | 2024 |
| # of sales per year | |||
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$227,450
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$304,500
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$264,000
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$250,000
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| 2021 | 2022 | 2023 | 2024 |
| median sale price per year | |||
HomesByMarco agents are experts in the area. If you're looking to buy or sell a home, give us a call today at 888-326-2726.