The housing market in 27127 Winston-Salem, NC is doing very well. The median value of a house in the area is an affordable $227,200, much lower than the US median of $338,100. In the past year, house appreciation has been incredibly strong at 16.56%, much higher than the US average of 8.27%. This indicates that houses in this area are becoming significantly more valuable over time and should be a great purchase for those looking for a long term investment.
The median home cost in Winston-Salem (zip 27127) is $227,200. Home appreciation the last 10 years has been 86.4%. Home Appreciation in Winston-Salem (zip 27127) is up 19.7%.
Average Age of Homes
- The median age of Winston-Salem (zip 27127) real estate is 30 years old
The Rental Market in Winston-Salem (zip 27127)
- Renters make up 25.7% of the Winston-Salem (zip 27127) population
- 2.4% of houses and apartments in Winston-Salem (zip 27127), 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.