The housing market in Winston-Salem, NC (27103) is quite prosperous. The median value of homes in this area is $235,100 which is significantly lower than the US median house value of $338,100. However, the appreciation rate of houses in 27103 Winston-Salem is 16.56%, which is higher than the US 1 year house appreciation rate of 8.27%. This indicates that the housing market in this area is growing rapidly and can be an excellent investment opportunity for those looking to buy a home.
The median home cost in Winston-Salem (zip 27103) is $235,100. Home appreciation the last 10 years has been 86.4%. Home Appreciation in Winston-Salem (zip 27103) is up 19.7%.
Average Age of Homes
- The median age of Winston-Salem (zip 27103) real estate is 40 years old
The Rental Market in Winston-Salem (zip 27103)
- Renters make up 43.3% of the Winston-Salem (zip 27103) population
- 3.3% of houses and apartments in Winston-Salem (zip 27103), 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.