The Northwest Winston-Salem housing market is very competitive. The median sale price of a home in Northwest Winston-Salem was $505K last month, up 17.8% since last year. The median sale price per square foot in Northwest Winston-Salem is $191, up 1.1% since last year.
What is the housing market like in Northwest Winston-Salem today?
In March 2024, Northwest Winston-Salem home prices were up 17.8% compared to last year, selling for a median price of $505K. On average, homes in Northwest Winston-Salem sell after 28 days on the market compared to 25 days last year. There were 28 homes sold in March this year, down from 46 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$505,000
+17.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Northwest Winston-Salem, NC
$505,000
+17.8%
United States
To compare other locations to the Northwest 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 Northwest Winston-Salem housing market?
Northwest Winston-Salem is very competitive. Homes sell in 22 days.
0
100
77
Very 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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 22 days.
Hot homes
can sell for about 3% above list price and go pending in around 12 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
7/10
Sherwood Forest Elementary
Public • PreK-5
677
Students
6 reviews
7/10
Whitaker Elementary
Public • PreK-5
605
Students
9 reviews
5/10
Cook Literacy Model School
Public • PreK-5
241
Students
N/A
4/10
Moore Elementary
Public • PreK-5
580
Students
7 reviews
4/10
Brunson Elementary
Public • PreK-5
533
Students
6 reviews
Only showing 5 of
8 elementary schools.
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 Northwest Winston-Salem housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Northwest Winston-Salem.
Risk Factor
Flood Factor - Major
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Northwest Winston-Salem has a major risk of flooding. 608 properties in Northwest Winston-Salem are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in Northwest Winston-Salem. Flood risk is increasing slower than the national average.
29% of properties are at risk of wildfire over the next 30 years
Fire Factor
Northwest Winston-Salem has a moderate risk of wildfire. There are 1,620 properties in Northwest Winston-Salem that have some risk of being affected by wildfire over the next 30 years. This represents 29% of all properties in Northwest Winston-Salem.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Northwest Winston-Salem has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Northwest Winston-Salem is most at risk from hurricanes. 5,444 properties in Northwest 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 63 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 72 mph.
100% of properties are at major
risk of heat over the next 30 years
Heat Factor
Northwest Winston-Salem has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Northwest Winston-Salem have a Major Heat Factor®.
Northwest Winston-Salem is expected to see a 142% increase in the number of days over 102ºF over the next 30 years. Northwest Winston-Salem is expected to experience 7