Winston Salem, NC 27103 Real Estate Market Report

ZIP Code: 27103
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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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.

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Market Metrics

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.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the 27103 area average 6.50%, reflecting the broader market volatility experienced throughout 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. median sold price — $305,000 is the primary indicator of market value and recent transaction activity; this level, paired with a median days on market — 185, suggests slower sales velocity and pricing friction despite stable demand signals.

2. The gap between median sold price — $305,000 and median listing price — $299,900 points to seller pricing that is generally aligned with realized transactions, though the modest spread may indicate selective negotiation rather than broad bidding pressure; market listings appear to be trading near representative recent sale levels.

3. With median price per square foot — $196 and median market rent — $1,595, owners and investors should note rising rent trends alongside price appreciation (up for rent year-over-year and price year-over-year), which may support holding strategies in the near term rather than aggressive discounting.

4. Financial conditions show current 30-year fixed mortgage rates averaging 6.50% in the area and moderate interest rate pressure, which may temper rapid buying activity; overall the market reads as balanced to slightly warm with relatively constrained active supply and moderate transaction volume.

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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.

Winston Salem, NC 27103 Real Estate Market Report

ZIP Code: 27103
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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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.

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Market Metrics

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.

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Rental Market

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the 27103 area average 6.50%, reflecting the broader market volatility experienced throughout 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. median sold price $139,950 is the clearest indicator of realized market value in 27103 and should guide valuation decisions; the gap between the median listing price $179,500 and the median sold price suggests seller expectations are meaningfully above recent transaction levels and may indicate pricing friction.

2. The market shows median days on market 321, which signals slower sales velocity and, combined with the sampled data characterization, points to relatively constrained active supply rather than rapid turnover; pricing and marketing cadence should be adjusted for longer time-to-contract.

3. Pricing efficiency is reflected by median price per square foot 143 alongside a median market rent 1,350; with both the price year-over-year trend reported as up and the rent year-over-year trend also up, investors and owners should monitor near-term rent growth while recognizing current transaction prices.

4. Macro-financial context shows moderate interest rate pressure with average local 30-year fixed rates around 6.50%; combined with the neutral market temperature, this suggests continued balanced conditions where competitive, market-aligned pricing is the primary tactical lever for faster sales.

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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.