Search Results in Winston Salem, NC

Buyer vs Seller Market in Winston Salem, NC

The real estate market in Winston-Salem has shown a steady increase in demand over the past year, with home prices rising as more buyers seek affordable options compared to surrounding larger cities. Inventory levels have remained low, which has resulted in competitive bidding situations in some neighborhoods, particularly for family homes and renovated properties.

Winston-Salem's revitalization efforts, particularly in the downtown area, have contributed to a positive outlook for property values, further attracting new residents and investors, particularly those interested in rental properties due to the city's university presence.

Rent Prices In Winston Salem, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Winston Salem, NC, is on a rollercoaster ride. The average rent price in Winston Salem, NC, is $1,106.00. Indeed, when looking to rent in Winston Salem, NC, you can expect to pay as little as $470.00 or as much as $2,760.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Winston Salem, NC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.