The story of this market
The typical home in ZIP 27023 sells for about $415,000, or $185 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 50 days to sell. HUD's fair market rent for a two-bedroom is $1,064 a month.
ZIP 27023 — Lewisville
The 27023 housing market remains stable with steady demand for single-family homes, driven by its suburban appeal and proximity to Winston-Salem. While inventory remains tight, price growth has moderated compared to the rapid appreciation seen in previous years. Buyers are active, though the market is sensitive to interest rate fluctuations.
This ZIP is ideal for families and professionals seeking a quiet suburban lifestyle with convenient access to Winston-Salem's major employers and amenities.
Median prices moved up 4.2% year over year.
Homes spend a median of 50 days on market with 2.8 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.1% · poverty 8.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 27023, Forsyth County NC
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in Lewisville are generally lower than the national average, with the area maintaining a suburban safety profile consistent with Forsyth County trends.
Schools serving the 27023 area are part of the Winston-Salem/Forsyth County Schools system, which generally receives moderate to high performance ratings for its suburban campuses.
The area faces standard regional risks for severe thunderstorms and occasional high winds, with minimal flood risk outside of designated low-lying creek zones.
Economic momentum is driven by proximity to the Winston-Salem employment core and ongoing residential development in the Lewisville and Clemmons corridor.
Property taxes are levied by Forsyth County and the Town of Lewisville, with rates determined by annual assessments; no special MUD/PID districts are widely reported for this established area.
Residents primarily commute via US-421 and I-40, providing a direct 15-20 minute drive to downtown Winston-Salem.
The area features access to Jack Warren Park and various greenways, with proximity to the Yadkin River and local golf courses in the surrounding Forsyth County area.
The rental market is characterized by low vacancy rates and high demand for single-family home rentals, with limited multi-family inventory.
The economy is anchored by the broader Winston-Salem market, with major sectors including healthcare, education, and professional services.
The area is served by a network of state highways and is heavily reliant on private vehicle transit for commuting to the Winston-Salem urban core.
Development is focused on maintaining the suburban character of Lewisville while accommodating moderate residential growth.
Forsyth County Tax Administration conducts periodic revaluations to ensure property assessments align with current market values.
Parcels are served by the Winston-Salem/Forsyth County Schools district and local municipal utility providers.
Property insurance premiums are stable, reflecting the area's low risk for major natural disasters compared to coastal regions.
North Carolina continues to see positive net domestic migration, with the Piedmont Triad region attracting residents from higher-cost urban areas.
North Carolina is a non-judicial foreclosure state, allowing for a streamlined process that typically takes several months to complete.
Sellers are required to provide a Residential Property and Owners' Association Disclosure Statement to buyers at or before the time an offer is made.
Data retrieved from data.census.gov ZCTA 27023 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Dave & Buster's Winston-Salem4.28.2 mi
- Urban Air Trampoline and Adventure Park4.111.7 mi
- Winston Waterworks Water Park3.813.3 mi
- Adventure Landing Winston-Salem4.17.9 mi
- Airbound Adventure Park4.410.4 mi
- Bowman Gray Stadium4.712.4 mi
- Benton Convention Center4.511 mi
- Lawrence Joel Veterans Memorial Coliseum4.410.8 mi
- Winston Salem Fairgrounds4.311 mi
- Golden Corral Buffet & Grill4.37.9 mi
- Tanglewood Park4.75.3 mi
- The Grand Winston-Salem by Santikos4.511.2 mi
- Kaleideum4.611.1 mi
- AMC Hanes 124.36.3 mi
- Reynolda Village Shops & Restaurants4.79.2 mi
- Kaleideum4.611.1 mi
- Old Salem Museums & Gardens4.611.2 mi
- Reynolda House Museum of American Art4.69.4 mi
- Richard Childress Racing4.816.3 mi
- Old Salem Museums & Gardens Administrative Offices4.711.3 mi
- Tanglewood Park4.75.3 mi
- Reynolda Gardens-Wake Forest4.89.3 mi
- Shore-Styers Mill Park4.58.7 mi
- Bailey Park4.711.4 mi
- Washington Park4.510.9 mi
- Bermuda Run Country Club4.65.9 mi
- Oak Valley Golf Club4.57.2 mi
- Old Town Club4.89.9 mi
- Pudding Ridge Golf Course4.19.4 mi
- Golf Galaxy Performance Center3.98.8 mi
- Hanes Mall4.28.1 mi
- Publix Super Market at Miller Street4.69.4 mi
- T.J. Maxx4.37.5 mi
- Cooks Flea Market4.111.6 mi
- Marshalls4.28.4 mi
- Piedmont Triad International Airport4.428.5 mi
- GSO Airport4.628.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A central community park featuring sports fields and walking trails.
Provides recreational opportunities for fishing and boating on the western edge of the area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.