Home / Select Cities  /  2024 Comparing Richmond, VA vs. Winston-Salem, NC

2024 Compare Cities Housing:
Richmond, VA vs Winston-Salem, NC

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Highlights
- The median age of a home in Richmond is 31.7% older than the median age of a home in Winston-Salem.

Housing
 Richmond, VAWinston-Salem, NCUnited States
 Median Home Age634342
 Median Home Cost$327,100$229,400$338,100
 Home Appr. Last 12 months15.2%19.8%16.6%
 Home Appr. Last 5 yrs.57.5%68.1%57.0%
 Home Appr. Last 10 yrs.93.9%86.1%101.1%
 Property Tax Rate$9.5$10.8$11.0
 Homes Owned38.9%47.7%57.4%
 Housing Vacant10.3%12.1%11.2%
 Homes Rented50.8%40.3%31.4%
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 Avg Rent For Home Or Apartment
 Richmond, VAWinston-Salem, NCUnited States
 Average Rent$1,680$1,310$1,840
 Studio Apartment$1,140$810$1,080
 1 Bedroom Home or Apartment$1,170$840$1,180
 2 Bedroom Home or Apartment$1,320$1,010$1,430
 3 Bedroom Home or Apartment$1,710$1,330$1,860
 4 Bedroom Home or Apartment$2,080$1,550$2,160
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 Vacant Housing
 Richmond, VAWinston-Salem, NCUnited States
 Vacant For Rent2.9%4.2%1.9%
 Vacant Rented1.3%0.1%0.4%
 Vacant For Sale0.6%1.0%0.7%
 Vacant Sold0.6%0.4%0.4%
 Vacant Vacation0.3%1.1%3.6%
 Vacant Other4.6%5.3%4.1%
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 Owner-Occupied Housing Value
 Richmond, VAWinston-Salem, NCUnited States
 Less Than $20,0001.1%2.2%2.6%
 $20,000 to $39,9990.4%2.2%2.4%
 $40,000 to $59,9990.9%3.9%2.8%
 $60,000 to $79,9992.9%6.9%3.9%
 $80,000 to $99,9994.2%7.2%4.5%
 $100,000 to $149,99911.4%23.0%11.3%
 $150,000 to $199,99915.1%21.2%13.0%
 $200,000 to $299,99921.0%16.7%20.1%
 $300,000 to $399,99916.5%7.0%13.6%
 $400,000 to $499,9998.6%3.5%8.3%
 $500,000 to $749,99910.3%4.1%9.7%
 $750,000 to $999,9993.9%1.5%3.9%
 $1,000,000 to $1,499,9992.3%0.4%2.2%
 $1,500,000 to $1,999,9990.7%0.1%0.8%
 $2,000,000 and over0.8%0.2%1.1%
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 Housing Units By Year Built
 Richmond, VAWinston-Salem, NCUnited States
 2015 and Newer0.1%0.1%0.2%
 2010 to 20145.3%13.2%13.6%
 2000 to 20095.3%13.2%13.6%
 1990 to 19995.8%13.0%13.6%
 1980 to 19897.1%14.3%13.2%
 1970 to 19799.9%16.4%14.8%
 1960 to 19695.8%13.0%13.6%
 1950 to 195914.7%12.2%10.0%
 1940 to 19499.1%4.9%4.7%
 1939 or Earlier29.6%7.7%12.2%

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Reviews for Richmond    109 Reviews

Over 2 years ago

Lived here for a year and it’s not perfect but it’s constantly improving now (areas redevloped, more businesses, job growth). Cost of living is great compared to  More

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Over 3 years ago

We love Richmond so much that when we talk about where we'd like to live if we could live anywhere in the US, we always come back to RVA. We live in the city proper  More

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Over 3 years ago

I'm an out-of-towner but am coming up on 1 year in Richmond. I would summarize it this way: the best thing and the worst thing about Richmond is its location. I'll  More

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Reviews for Winston-Salem    26 Reviews

Over 4 years ago

Winston Salem is a corrupt and sad city. Many residents aren't open to new comers and crime is rampant. The abysmal crime rate is due in part to the corrupt and  More

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Over 4 years ago

I’ve lived here since 2008 and the community is beautiful and quiet. Convenient to everything and if you’re not a lazy person you can walk to Walmart, the bank,  More

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I didn't fully appreciate WS until I left. I still have family and friends there, and when I visit (I've lived in various places, now in the midwest for about 20 years)  More

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ZIPS IN RICHMOND, VIRGINIA
23223, 23225, 23224, 23220, 23227, 23222, 23226, 23221, 23230, 23219, 11 total
ZIPS IN WINSTON-SALEM, NORTH CAROLINA
27106, 27107, 27105, 27127, 27103, 27104, 27101, 27040, 27109, 27110, 10 total

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