Zip 27040 (Winston-Salem, NC) Housing


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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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingWinston-Salem, North CarolinaUnited States
  5,294.0139,647,020.0
  3542
  $292,300$338,100
  19.6%16.6%
  61.7%57.0%
  75.3%101.1%
  $9.44$10.98
  $1,876$2,690
  81.4%57.4%
  12.1%11.2%
  6.5%31.4%
  Vacant Housing
  1.3%1.9%
  0.0%0.4%
  1.3%0.7%
  0.0%0.4%
  2.1%3.6%
  7.4%4.1%
  Value of Owner-Occupied Housing
  2.3%2.6%
  0.4%2.4%
  0.4%2.8%
  2.9%3.9%
  2.4%4.5%
  19.0%11.3%
  23.1%13.0%
  30.1%20.1%
  7.6%13.6%
  5.2%8.3%
  4.7%9.7%
  1.4%3.9%
  0.0%2.2%
  0.5%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  16.5%13.6%
  16.5%13.6%
  13.5%13.6%
  18.2%13.2%
  13.2%14.8%
  13.5%13.6%
  9.2%10.0%
  0.2%4.7%
  3.4%12.2%
Commute