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Winston Salem Market Report

$329,304

AVERAGE PRICE OF 964 HOMES

$169,633

AVERAGE PRICE OF 6 DISTRESSED HOMES

$1,352,328

AVERAGE PRICE OF 26 MULTI-MILLION DOLLAR HOMES

$444,294

AVERAGE PRICE OF 252 NEWLY BUILT HOMES

$498,607

AVERAGE PRICE OF 133 HOMES WITH A POOL

$322,018

AVERAGE PRICE OF 22 REDUCED PRICE HOMES

Average Home

Average Price $329,304
Avg Bedrooms 2.55 beds
Avg Bathrooms 2.11 baths

Average Price by Bedrooms

1 bedroom $164,300
2 bedrooms $206,671
3 bedrooms $321,992
4 bedrooms $500,015
5 bedrooms $562,373
Winston Salem Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 880 825 883 981 1,034
Average Price $320,912 $310,376 $310,437 $316,720 $327,215
Avg Price Change +3.39% -0.02% -2.02% -3.31% -0.66%
Median Price $274,571 $265,669 $263,696 $263,599 $269,885
Med Price Change +3.35% +0.75% +0.04% -2.38% +0.38%
Avg Bedrooms 2.59 beds 2.54 beds 2.5 beds 2.55 beds 2.59 beds
Avg Bathrooms 2.11 baths 2.05 baths 2.03 baths 2.05 baths 2.1 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Oak Grove 28 $298,171 131 days
Parkland 44 $267,213 70 days
Reagan 65 $530,929 90 days
Reynolds 37 $495,331 98 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 964 $329,304 118 days
Distressed Homes 6 $169,633 67 days
Multi-Million Dollar Homes 26 $1,352,328 172 days
Newly Built Homes 252 $444,294 109 days
Homes with a Pool 133 $498,607 74 days
Reduced Price Homes 22 $322,018 32 days

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