The Downtown Winston-Salem housing market is somewhat competitive. The median sale price of a home in Downtown Winston-Salem was $450K last month, up 41.4% since last year. The median sale price per square foot in Downtown Winston-Salem is $143, up 55.4% since last year.
What is the housing market like in Downtown Winston-Salem today?
In March 2024, Downtown Winston-Salem home prices were up 41.4% compared to last year, selling for a median price of $450K. On average, homes in Downtown Winston-Salem sell after 22 days on the market compared to 133 days last year. There were 3 homes sold in March this year, up from 2 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$450,000
+41.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downtown Winston-Salem, NC
$450,000
+41.4%
United States
To compare other locations to the Downtown Winston-Salem and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Winston-Salem add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Downtown Winston-Salem housing market?
Downtown Winston-Salem is somewhat competitive. Homes sell in 33 days.
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100
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Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 33 days.
Hot homes
can sell for about 1% above list price and go pending in around 16 days.
Learn about schools in the Downtown Winston-Salem area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Winston-Salem housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Winston-Salem.
Risk Factor
Flood Factor - Moderate
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Winston-Salem has a moderate risk of flooding. 69 properties in Downtown Winston-Salem are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Downtown Winston-Salem. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Winston-Salem has a minor risk of wildfire. There are 15 properties in Downtown Winston-Salem that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Downtown Winston-Salem.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Winston-Salem has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Winston-Salem is most at risk from hurricanes. 1,171 properties in Downtown Winston-Salem have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 61 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 69 mph.
100% of properties are at major
risk of heat over the next 30 years
Heat Factor
Downtown Winston-Salem has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Downtown Winston-Salem have a Major Heat Factor®.
Downtown Winston-Salem is expected to see a 171% increase in the number of days over 101ºF over the next 30 years. Downtown Winston-Salem is expected to experience 8