Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$277,512+1.7% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 23% have cut their price
Income needed to buy, per year$60,159About 0.9× the local median income ($67,658): affordable for a typical household
Days on market61 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.4%Zillow expects prices to rise slightly
The typical home in Winston-Salem, NC is worth $277,512, up 1.7% from a year ago. That is well above what local incomes have historically supported: fair value is about $244,997, so the area is 13.3% overvalued. It is a buyer's market: homes take about 61 days to sell, listings are up 25% from a year ago, 23% of listings have had a price cut. Zillow expects prices to rise about 2.4% over the next year. A household needs about $60,159 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $67,658. Typical rent is $1,529 a month, or $1,809 for a house. In the latest IRS figures, 4,694 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$277,512
Change in 1 year
+1.7%
Overvalued %
+13.3%
Show 7 more
Fair home value
$244,997
Change in 5 years
+26.7%
Zillow forecast, next 12 months
+2.4%
Home value to income
4.1×
Monthly mortgage payment (20% down)
$1,504
Income needed to afford it
$60,159
Property tax rate
0.69%
Rent and investing
Typical rent
$1,529
Typical rent for houses
$1,809
Price-to-rent ratio
15.1×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,270
Gross rental yield
6.61%
Cap rate (estimate)
4.30%
Market activity
Listings vs a year ago
+24.6%
Days on market
61
Listings with a price cut
22.9%
Show 3 more
Homes for sale
2,361
Pending sales per 100 listings
37
Asking price per sq ft
$181
People and jobs
Median household income
$67,658
Population change (1 year)
+1.0%
Unemployment rate
4.7%
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Population
712,206
Income adjusted for cost of living
$73,541
Net moves in (IRS)
+4,694
Cost of living (US = 100)
92.0
Schools, risk and environment
School rating (1 to 10)
5.5
FEMA hazard risk score (0 to 100)
81.0
Unhealthy air days a year
0
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Flood risk score
87.0
Wildfire risk score
36.2
Walkability (1 to 20)
6.3
Road, rail and air noise
55 dB
Questions people ask
Is Winston-Salem, NC overvalued?
Home prices in Winston-Salem, NC are well above what local incomes have historically supported: fair value is about $244,997, so the area is 13.3% overvalued.
Is Winston-Salem, NC a buyer's or seller's market?
Winston-Salem, NC is a buyer's market: homes take about 61 days to sell, listings are up 25% from a year ago, 23% of listings have had a price cut.
Are home prices going down in Winston-Salem, NC?
Home values in Winston-Salem, NC are up 1.7% over the last year. Zillow's forecast for the next 12 months is +2.4%.
How much do you need to earn to buy a home in Winston-Salem, NC?
A household needs about $60,159 a year to afford the typical home in Winston-Salem, NC at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $67,658.