Housing in 27107 Winston-Salem, NC is relatively affordable compared to the US as a whole, with a median value of $214,000. This is significantly lower than the US median value of $338,100. Despite this, prices have appreciated at a slightly faster rate in 27107 Winston-Salem than the national average over the past year, increasing by 16.56%, higher than the US average 1 year appreciation rate of 8.27%. Therefore, it is a good time to invest in housing in 27107 Winston-Salem if you are looking for an affordable area with potential for value appreciation.
The median home cost in Winston-Salem (zip 27107) is $214,000. Home appreciation the last 10 years has been 86.4%. Home Appreciation in Winston-Salem (zip 27107) is up 19.7%.
Average Age of Homes
- The median age of Winston-Salem (zip 27107) real estate is 38 years old
The Rental Market in Winston-Salem (zip 27107)
- Renters make up 26.4% of the Winston-Salem (zip 27107) population
- 2.1% of houses and apartments in Winston-Salem (zip 27107), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.