Winston Salem, NC 27103 Real Estate Market Report

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.

Market Metrics

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

Property Taxes

Liquidity & Velocity

Market Trends & Context

Key Findings

1. The neighborhood's primary indicator, median sold price, is 318,650, signaling realized market value and recent transaction activity; with price year-over-year trend up, expect modest appreciation and prioritize recent closed sales when setting comps given the relatively constrained active supply in the analyzed sample.
2. The median listing price is 290,000 versus the recorded median sold price of 318,650, which suggests listing expectations in some cases sit below recent closed values; price offers should therefore be anchored to representative recent sales rather than asking prices to avoid leaving value on the table.
3. Median days on market is 199, indicating slower sales velocity compared with rapid-turn markets; because the market temperature is neutral, this longer timeline may reflect buyer selection and pricing friction rather than broad market weakness—focus on condition and targeted pricing to improve time-to-contract.
4. Median price per square foot is 190 and median market rent is 1,595, with rent year-over-year trend up; however, interest rate pressure is elevated, so investors should model rent growth carefully and stress-test cash flow against higher financing costs.

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.