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Cheap Homes in Winston Salem, NC

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Winston Salem, NC Foreclosures

How much do homes sell for in Winston Salem, NC?
The average home price is currently $362,815.
In Winston Salem, NC, how many homes are available?
There are currently 3 active home listings available in Winston Salem.
What’s the average rental cost in Winston Salem, NC?
The average rental price in Winston Salem is $1,106.
What is the most expensive home in Winston Salem?
The most expensive home sold in Winston Salem had a price of $151,048,464.
What is currently the cheapest priced home in Winston Salem, NC?
The cheapest home for sale in Winston Salem is priced at $10,029.

Living in Winston Salem, NC

Winston-Salem, NC, is a historic city blending culture, outdoor activities, and community spirit. With numerous parks, dining options, and educational institutions, it offers an ideal environment for families and individuals alike. The city is continuously growing, creating new opportunities for residents.

Current Market Conditions in Winston Salem, NC

Winston-Salem's real estate market is currently favorable for buyers, with a variety of property types available. The city has experienced steady price growth, but there's a healthy level of inventory, ensuring that options remain diverse and plentiful.

The market has shown a notable demand for single-family homes, particularly in family-friendly neighborhoods near schools and parks. More buyers are looking for affordable options, especially as people relocate from larger metropolitan areas during the ongoing trends of remote work.

Home Value Estimator For Winston Salem, NC

There are currently 93,574 real estate properties in Winston Salem, NC, with a median automated valuation model (AVM) price of $257,946.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Winston Salem, NC, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Winston Salem, NC, is $362,815.00, with the most expensive house in Winston Salem, NC, topping out at $151,048,464.00 and the cheapest home in Winston Salem, NC, clocking in at $10,029.00. In other words, there’s something for every potential homebuyer or savvy investor in Winston Salem, NC!

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.

Cheap Homes in Winston Salem, NC

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