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Preforeclosure Homes in Winston Salem, NC

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Living in Winston Salem, NC

Winston-Salem, NC, combines rich history with modern living. It offers a great mix of urban amenities and natural beauty, with numerous parks and recreational activities available. The local community thrives on culture, education, and a sense of belonging.

Current Market Conditions in Winston Salem, NC

The Winston-Salem real estate market has seen a steady rise in property values over the past year, driven by increasing demand and low inventory. As more people move to the area for its affordable living and quality of life, homes are selling quickly, often above the asking price. The city is becoming an attractive option for both buyers and investors looking for growth opportunities in North Carolina.

Currently, the market is experiencing a competitive landscape with a significant interest from first-time homebuyers and investors alike. Homes in desirable neighborhoods are in high demand, resulting in a tighter market. This trend is expected to continue as the city offers various lifestyle amenities that appeal to young professionals and families.

Home Value Estimator For Winston Salem, NC

There are currently 92,493 real estate properties in Winston Salem, NC, with a median automated valuation model (AVM) price of $255,126.00. 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 $359,240.00, with the most expensive house in Winston Salem, NC, topping out at $152,433,216.00 and the cheapest home in Winston Salem, NC, clocking in at $10,105.00. 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 $1,104.00. 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.

Winston Salem, NC Preforeclosure Homes


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