Winston-Salem, NC Housing Market Report
Market Overview
Market Health Score
A balanced market with relatively stable conditions.
Home Price Trends
Rental Market Trends
Inventory & Supply
Market Analysis
The Winston-Salem housing market as of December 2025 is characterized by a transition toward a more balanced environment, though it remains slightly tilted in favor of sellers due to constrained inventory. With a median home value of $255,760 and a sale-to-list ratio of 0.98, sellers are still achieving near-asking prices, but the pace of the market has slowed significantly. Active inventory has tightened by 2.39% over the past year, reaching 1,920 units, which prevents a significant drop in valuations despite broader economic shifts.
Price trends over the last six months show a consistent, albeit modest, upward trajectory. Since July 2025, values have climbed steadily from $253,365 to the current December peak. This incremental growth of 0.41% year-over-year suggests that the hyper-appreciation seen in previous years has cooled into a sustainable rhythm. The rental market is seeing slightly more aggressive growth, with median rents rising 2.27% to $1,468, indicating that housing demand in the Twin City remains robust even as high-interest rates or economic caution temper the for-sale sector.
The most notable shift for market participants is the increase in Days on Market, which has jumped by 22 days over the last year to a total of 72 days. For buyers, this provides a much-needed window for due diligence and negotiation that was absent in recent years. Sellers, conversely, must adjust their expectations for a longer listing period and ensure their properties are priced accurately to the current 0.98 sale-to-list reality. Looking ahead, Winston-Salem remains an affordable alternative to the nearby Research Triangle, likely sustaining demand from relocators seeking value in the North Carolina Piedmont region.
Frequently Asked Questions
Data Source & Methodology
Data sourced from Zillow Research. Home values are based on the Zillow Home Value Index (ZHVI), a smoothed, seasonally adjusted measure of the typical home value. Rental data is based on the Zillow Observed Rent Index (ZORI). Inventory, days on market, and sale-to-list ratio are metro-level estimates. This report is for informational purposes only and does not constitute financial or real estate advice.