The housing market in 27040 Winston-Salem, NC is currently thriving. The median value of houses in this area is $292,300, which is significantly lower than the US House Median Value of $338,100. Additionally, the one year house appreciation rate in this area is 20.58%, which is well above the national average of 8.27%. This makes 27040 Winston-Salem a desirable area for potential homebuyers and investors alike.
The median home cost in Winston-Salem (zip 27040) is $292,300. Home appreciation the last 10 years has been 75.3%. Home Appreciation in Winston-Salem (zip 27040) is up 19.6%.
Average Age of Homes
- The median age of Winston-Salem (zip 27040) real estate is 35 years old
The Rental Market in Winston-Salem (zip 27040)
- Renters make up 8.7% of the Winston-Salem (zip 27040) population
- 1.3% of houses and apartments in Winston-Salem (zip 27040), 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.