The story of this market
The typical home in ZIP 27151 sells for about $297,000, or $167 per square foot.
Prices are up +3.4% from a year ago, so sellers still have some momentum. Homes take about 36 days to sell. HUD's fair market rent for a two-bedroom is $1,500 a month.
ZIP 27151 — Winston-Salem
The Winston-Salem housing market remains balanced, with moderate price appreciation and steady demand. While inventory levels have increased, the market continues to favor sellers in specific price brackets, supported by the region's ongoing economic growth and affordability.
This area is well-suited for families and commuters seeking a balance between affordability and access to the amenities of the Winston-Salem metro area.
Median prices moved up 3.4% year over year.
Homes spend a median of 36 days on market with 6.5 months of supply — a balanced-paced market.
22% 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 4.2% · poverty 11.0% — 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 6.7%/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 4.8%/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 27151, Forsyth County NC
Crime trends in the Winston-Salem area remain a focus for local law enforcement, with rates generally tracking consistent with regional mid-sized city averages.
Schools serving the area are part of the Winston-Salem/Forsyth County Schools system, which offers a mix of magnet and traditional neighborhood programs with varying performance ratings.
The area faces standard regional risks including occasional severe thunderstorms and wind events, with flood risk concentrated in specific low-lying zones near local creeks.
Economic momentum is driven by the healthcare, education, and manufacturing sectors, with ongoing revitalization efforts in the downtown core and surrounding corridors.
Property taxes are levied by Forsyth County and the City of Winston-Salem, with rates determined by annual assessments; no specific special district surcharges are broadly applied to this ZIP.
Residents typically rely on personal vehicles for commuting, with major access provided by I-40 and US-52 connecting to the primary employment hubs in downtown Winston-Salem.
The area features access to local community parks, greenway trails, and proximity to regional shopping centers and dining districts within a short drive.
The rental market shows balanced demand with moderate vacancy pressure, though rent growth has stabilized compared to previous high-inflation periods.
The economy is anchored by major employers in healthcare (Atrium Health Wake Forest Baptist) and higher education (Wake Forest University), alongside a growing manufacturing base.
The area is served by a network of highways including I-40 and US-52, with limited public transit options primarily provided by the Winston-Salem Transit Authority.
Development pipeline includes several approved mixed-use projects aimed at increasing housing density near major employment corridors.
Forsyth County Tax Administration conducts periodic revaluations to ensure property assessments align with current market values.
Parcels are subject to standard county and municipal tax districts, with no significant MUD or PID structures reported.
Property insurance premiums are influenced by regional weather patterns, with standard coverage available for wind and fire risks.
North Carolina continues to see positive net domestic migration, driven by job growth and relative affordability compared to coastal states.
North Carolina is a non-judicial foreclosure state, allowing for a streamlined process under the power of sale clause in deeds of trust.
Sellers are required to provide a Residential Property and Owners' Association Disclosure Statement to buyers, covering the condition of the property.
Data retrieved from data.census.gov ZCTA-level tables.
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.
- Taylor Park Trading Post4.42.2 mi
- Gunnison National Forest4.811.4 mi
- Denny Creek Trailhead4.810.9 mi
- Silver Plume Rentals512.7 mi
- St. Elmo, CO4.712 mi
- Taylor Park Trading Post4.42.2 mi
- Gunnison National Forest4.811.4 mi
- Denny Creek Trailhead4.810.9 mi
- Cottonwood Pass57.1 mi
- Taylor Park Marina4.83.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large recreational lake offering fishing, boating, and hiking trails.
Major regional shopping destination serving the Winston-Salem area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.