The Cedar Forest housing market is somewhat competitive. The median sale price of a home in Cedar Forest was $260K last month, down 18.5% since last year. The median sale price per square foot in Cedar Forest is $198, up 18.6% since last year.
What is the housing market like in Cedar Forest today?
In April 2024, Cedar Forest home prices were down 18.5% compared to last year, selling for a median price of $260K.
$360K
Sale Price
+7.5% since last year
$198
Sale $/Sq. Ft.
+18.6% since last year
Under List Price
1.4%
Days on Market
37
Down Payment
5.0%
Total Homes Sold
1
To compare other locations to the Cedar Forest 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 Cedar Forest housing market?
Cedar Forest is somewhat competitive. Homes sell in 37 days.
0
100
67
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 37 days.
Hot homes
can sell for about 1% above list price and go pending in around 29 days.
Home offer insights for Cedar Forest
Explore recent offers and recently sold homes in Cedar Forest
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 Cedar Forest housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cedar Forest.
Risk Factor
Flood Factor - Moderate
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cedar Forest has a moderate risk of flooding. 31 properties in Cedar Forest are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in Cedar Forest. Flood risk is increasing slower than the national average.
80% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cedar Forest has a moderate risk of wildfire. There are 374 properties in Cedar Forest that have some risk of being affected by wildfire over the next 30 years. This represents 80% of all properties in Cedar Forest.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Cedar Forest has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cedar Forest is most at risk from hurricanes. 462 properties in Cedar Forest 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 68 mph.