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Winston Salem, NC 27103 Real Estate Market Report

ZIP Code: 27103
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only


Executive Overview

As of April 2026, the real estate market in Winston-Salem, NC is characterized by a median sold price of $299,900, reflecting a stable market environment. The neighborhood has increased 0% since 2023, indicating a steady price point without significant fluctuations. The median listing price stands at $308,700, suggesting a pricing gap that may create some friction in negotiations as sellers adjust expectations to align with actual sales prices.

Transaction activity appears moderate, with median days on market at 174, indicating a slower sales velocity. This extended time frame may suggest that buyers are taking a more cautious approach, potentially due to moderate interest rate pressure affecting overall market liquidity. Despite these conditions, the market temperature remains neutral, with elevated inventory levels providing buyers with a wider selection of properties, although well-priced homes continue to attract interest and sell relatively quickly.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
156
Active Listings
81
Sold Properties
75

Market Metrics

Median Listing Price
$308,700
Median Sold Price
$299,900
Median Price per Sqft
$191/sqft

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$1,390
Rent Range
$870 - $1,610

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
1.11%

Liquidity & Velocity

Median Days on Market
174
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
up
Market Temperature
neutral
Interest Rate Pressure
moderate

Key Findings

  1. The median sold price of $299,900 indicates stable market conditions with no significant price fluctuations since 2023.

  2. With a median listing price of $308,700, there is a notable pricing gap that may lead to friction in negotiations.

  3. The median days on market of 174 suggests a slower sales velocity, as buyers are taking their time to make decisions.

  4. The market temperature is currently neutral, indicating balanced conditions between buyers and sellers.

  5. Elevated inventory levels relative to sales activity may provide buyers with more options, but could also indicate softening demand.


Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

1933 Gaston St, Winston Salem, NC 27103
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds
2 baths
2,405 sqft
$575,000
Jan 1, 2026
$239/sqft/sqft
70 days on market
3090 Copeland Rd, Winston Salem, NC 27103
Quick Flip

Sold below market average

4 beds
4 baths
3,848 sqft
$564,200
Feb 1, 2026
$147/sqft/sqft
2341 Cherokee Ln, Winston Salem, NC 27103
Premium

Sold above market average

4 beds
3 baths
1,832 sqft
$515,000
Mar 1, 2026
$281/sqft/sqft
80 days on market
1025 Still Point Dr, Winston Salem, NC 27103
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
2 baths
1,747 sqft
$309,000
Jan 1, 2026
$177/sqft/sqft
156 days on market
295 Hialeah Ct, Winston Salem, NC 27103
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
2 baths
1,760 sqft
$305,000
Feb 1, 2026
$173/sqft/sqft
92 days on market
1192 Heritage Path Ln, Winston Salem, NC 27103
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
2 baths
1,774 sqft
$305,000
Feb 1, 2026
$172/sqft/sqft
80 days on market
304 Ricks Dr, Winston Salem, NC 27103
Quick Flip

Sold below market average

2 beds
1 baths
1,173 sqft
$125,000
Feb 1, 2026
$107/sqft/sqft
82 days on market
374 Summergate Dr, Winston Salem, NC 27103
Quick Flip

Sold below market average

2 beds
2 baths
1,232 sqft
$1,795
Mar 1, 2026
$1/sqft/sqft
100 days on market

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 4/2/2026

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