The Southwest Winston-Salem housing market is somewhat competitive. The median sale price of a home in Southwest Winston-Salem was $287K last month, up 19.0% since last year. The median sale price per square foot in Southwest Winston-Salem is $207, up 8.6% since last year.
What is the housing market like in Southwest Winston-Salem today?
In March 2024, Southwest Winston-Salem home prices were up 19.0% compared to last year, selling for a median price of $287K. On average, homes in Southwest Winston-Salem sell after 41 days on the market compared to 33 days last year. There were 32 homes sold in March this year, up from 24 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$286,500
+19.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Southwest Winston-Salem, NC
$286,500
+19.0%
United States
To compare other locations to the Southwest 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 Southwest Winston-Salem housing market?
Southwest Winston-Salem is somewhat competitive. Homes sell in 30 days.
0
100
58
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 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 30 days.
Hot homes
can sell for about 2% above list price and go pending in around 17 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
5/10
Bolton Elementary
Public • PreK-5
431
Students
5 reviews
4/10
Moore Elementary
Public • PreK-5
580
Students
7 reviews
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 Southwest Winston-Salem housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Southwest Winston-Salem.
Risk Factor
Flood Factor - Moderate
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Southwest Winston-Salem has a moderate risk of flooding. 560 properties in Southwest Winston-Salem are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in Southwest Winston-Salem. Flood risk is increasing slower than the national average.
65% of properties are at risk of wildfire over the next 30 years
Fire Factor
Southwest Winston-Salem has a moderate risk of wildfire. There are 6,603 properties in Southwest Winston-Salem that have some risk of being affected by wildfire over the next 30 years. This represents 65% of all properties in Southwest Winston-Salem.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Southwest Winston-Salem has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Southwest Winston-Salem is most at risk from hurricanes. 10,067 properties in Southwest 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 70 mph.
99% of properties are at major
risk of heat over the next 30 years
Heat Factor
Southwest Winston-Salem has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Southwest Winston-Salem have a Major Heat Factor®.
Southwest Winston-Salem is expected to see a 157% increase in the number of days over 103ºF over the next 30 years. Southwest Winston-Salem is expected to experience 7