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Winston-Salem housing market: home prices and forecast

For Winston-Salem home prices, the typical Winston-Salem, North Carolina home was valued at $260,047 in September 2026. The Zillow Home Value Index, 0% from a year earlier, placed it −1.1% below its March 2026 peak of $262,817.

Value of a typical home
$260,047
September 2026, Zillow ZHVI
Change over 12 months
0%. Since September 2025.
Change over 10 years
The period begins September 2016: +99.6%.
Since 2000, multiple
×2.3, starting from $111,504.
Time listed on the market
60
Source: Realtor.com. Area: Winston, NC metro.

Winston-Salem home prices since 2000

Winston-Salem appears on the steel line, while the United States appears on the grey line. From January 2000 to now, the typical Winston-Salem home rose from $111,504 to $260,047, a ×2.33 increase. Over the same months, the US recorded ×2.99. The boom reached its high of $141,964 in April 2008, followed by a low of $119,874 in June 2013, a −15.6% change.

$100k$150k$200k$250k$300k$350k$400k200020052010201520202025Jan 2000 · $111,504$366,157$260,047Sep 2026Winston-SalemUnited States$100k$150k$200k$250k$300k$350k$400k200020102020Jan 2000 · $112k$366k$260kSep 2026
Typical homes on the Zillow Home Value Index, smoothed and seasonally adjusted. Zillow Research data
January 2000 · $111,504

Yearly median home price in Winston-Salem

The annual figure averages the twelve monthly values. For 2026, it shows the latest month.

YearWinston-SalemChange on the yearUnited States
2000$113,796$125,745
2001$118,524+4.2%$134,899
2002$121,985+2.9%$144,276
2003$124,181+1.8%$155,308
2004$127,834+2.9%$169,891
2005$131,480+2.9%$189,732
2006$136,143+3.5%$206,531
2007$139,654+2.6%$208,449
2009$137,695$177,542
2010$134,011−2.7%$171,462
2011$128,368−4.2%$162,508
2012$123,200−4.0%$161,137
2013$120,687−2.0%$171,420
2014$122,732+1.7%$182,996
2015$124,965+1.8%$192,738
2016$129,693+3.8%$204,509
2017$135,782+4.7%$216,767
2018$145,350+7.0%$230,541
2019$158,139+8.8%$242,088
2020$171,505+8.5%$257,151
2021$200,243+16.8%$295,959
2022$231,683+15.7%$340,014
2023$244,301+5.4%$348,160
2024$259,166+6.1%$359,751
2025$260,342+0.5%$362,959
September 2026$260,0470%$366,157

Current value of Winston-Salem homes bought in any year

This is an index-based estimate for a typical home, rather than an appraisal.

Its yearly figure comes from the average of twelve monthly index values; September 2026 provides the current value. Other choices include the home appreciation calculator.

Are you thinking of selling? Use Realtor.com to compare agents in your area. Advertising disclosure: the site may receive payment for links like this one, but that never changes a number. Disclosure.

Forecast for the Winston-Salem housing market

For the Winston, NC metro, Zillow's forecast puts the 12-month change from September 2026 at +2.4% and the change over the next three months at +0.9%. With Winston-Salem's typical value at $260,047, that points to about $266,300 a year on.

This is Zillow's central forecast for the metro, repeated here; the site does not publish a forecast of its own. Such forecasts for 12 months have usually been off by several percentage points, either above or below the realised change. This is not investment advice.

See forecasts for every metro in one table: housing market forecast.

Crash risk score for the Winston-Salem housing market

46 out of 100, high

Using five conditions that were high before previous price declines, the score ranks Winston-Salem among 292 cities. Every input is scored from 0 to 100 compared with the other cities, then the five scores are given equal weight and averaged. It shows current conditions; it does not forecast a crash.

InputValueSub-scoreWeight
Active listings vs 2019+17.3%6720%
Time listed on the market vs 2019−1.6%3420%
Price-to-rent ratio14.72420%
Price-to-income ratio4.54220%
12-month price change0%6520%

This is not investment advice. See how each input is scored in the scoring methodology. See the full ranking of 292 cities in crash risk rankings.

Winston-Salem inventory and time on the market

For September 2026 the Winston, NC metro listed 2,224 homes for sale, up +21.1% from a year earlier and +17.3% from the same month of 2019. The median time to sell a listing was 60 days (−1.6% against 2019), while 23.8% of listings received a price cut.

Winston, NC metro, September 2026ValueOn a year
Active listings2,224+21.1%
New listings856
Median days on market60+16.7%
Median list price$334,900−4.6%
Share with a price cut23.8%

Metro inventory from Realtor.com® Economic Research. Realtor.com data. All metros: days on market by city.

Winston-Salem cost of living

The Zillow Observed Rent Index places the typical asking rent in Winston-Salem at $1,478 each month, up +4.8% over a year. That rent would take 14.7 years to cover the cost of the typical home. With median household income at $57,758 (Census ACS 2024), the typical home costs 4.5 years of income. BEA lists the metro's prices at 92.0, compared with a US average of 100, and its housing costs at 71.4.

The salary needed to move there, plus rent and prices: cost of living in Winston-Salem.

Other housing markets across North Carolina

For the whole state: North Carolina housing market.

How to read this chart

Every point represents the Zillow Home Value Index for Winston-Salem. It gives the smoothed, seasonally adjusted value, in that month's dollars, for a typical home in the market's middle third. The hollow dot indicates the selected month on the slider, while the terracotta dot shows the most recent month. These figures are not adjusted for inflation. The index tracks a typical home, not one specific property. For a particular home, use the card above or the home appreciation calculator with its own sale price.