59 census tracts

Winston-Salem.North Carolina housing market

This Winston-Salem housing market report covers about 104,400 homes across 59 census tracts. Rent growth in Winston-Salem is running at 5.3% a year at the median, faster than in 120 of the 139 markets PriceDNA tracks, against the North Carolina median of 4.0%. For August 2026, the average listing price is $371,311 across 843 active listings (Realtor.com Economic Research, Monthly Housing Inventory).

Winston-Salem, North Carolina skyline aerial view
The downtown skyline at dusk, above brick warehouses and the rail corridor. Kevin Ruck/Adobe Stock
Average listing price
$371,311
843 active listings · Realtor.com Economic Research, Monthly Housing Inventory · August 2026
Population growth
+0.6%
a year, 2020 to 2025 · Census population estimates
Approximate homes
104,400
across 59 assigned tracts
Vacant homes
10.4%
of all homes
Renter-occupied
46%
of occupied homes

Winston-Salem housing market context

These are city-level figures. To see how one property measures up against your goal, run a specific address.

01.

Location score distribution

How location scores vary across 59 census tracts in Winston-Salem.

median 76.2 64 83

Half of Winston-Salem's tracts score between 73 and 80. The full range spans 64 to 83, with a median of 76.2.

Distribution of tract scores
Median (76.2)
Mean (75.7)

What the location score shows

PriceDNA Location Score™ is a 0 to 100 signal designed to summarize local strength and risk context for rental-property analysis. Higher scores generally point to stronger location fundamentals.

The middle half of Winston-Salem's tracts is 6.5 points wide on the score, wider than in 79 of the 139 markets PriceDNA tracks.

To see the location score for your specific property, analyze a property

02.

Housing composition

Key housing statistics for approximately 104,400 homes in Winston-Salem, including occupancy, tenure, and structure type.

Tenure of occupied homes: owner 54%, renter 46%.
Tenure of occupied homes Owner 54% · Renter 46%
Housing occupancy: occupied 89.6%, vacant 10.4%.
Occupancy Occupied 89.6% · Vacant 10.4%

Of about 104,400 homes, 10.4% are vacant. Among occupied homes, 46% are renter-occupied, providing context on the size of the local rental base.

By structure type, about 65% of Winston-Salem’s housing units are in single-family structures, 7% in small multifamily buildings (2 to 4 units), and 27% in larger multifamily buildings (5+ units). Percentages are rounded; small residual structure categories are not shown.

03.

How Winston-Salem compares

Winston-Salem's median is above the North Carolina median on 6 of these 8 measures and above the U.S. median on 5. The city range shows the lower quarter, median and upper quarter of its census tracts.

How Winston-Salem compares with North Carolina and United States medians
Metric Winston-Salem lower · median · upper Winston-Salem North Carolina NC United States US
Census ACS B19013 · 2020 to 2024
$44,376 $59,783 $71,385 $68,675 $77,171
Census ACS B15003 · 2020 to 2024
32% 45% 55% 41% 41%
Census ACS B01001 · 2020 to 2024
30% 32% 37% 30% 32%
FHFA HPI · 2025
6.6% every tract 6.2% 5.2%
HUD SAFMR · 2018 to 2027 + Census ACS B25064 · 2014 to 2024
4.9% 5.3% 6.2% 4.0% 3.8%
Census ACS B25103 · 2020 to 2024 + Lincoln Institute
0.87% every tract 0.73% 1.65%
Census ACS B25141 · 2020 to 2024 + U.S. Treasury FIO
0.49% 0.50% 0.58% 0.51% 0.56%
Census ACS B25064 + B19013 · 2020 to 2024
28.6% 31.1% 34.1% 29.9% 30.8%
04.

About this data

PriceDNA uses the most local reliable data available for each metric. Some signals are available at the census-tract level. Others are published or more reliable at broader geographies such as county, metro, state, or national level.

Housing-unit totals are approximate. PriceDNA sums Census ACS counts for the tracts assigned to the city by centroid, so the market total can differ from a municipal boundary count when a tract crosses the city line.

The property-tax assumption combines local residential tax data with a state-level apartment benchmark to provide more conservative context for rental-property underwriting. Insurance assumptions use available residential property insurance data and should be verified for the specific property and coverage.

These pages are designed for market screening and investor education. They do not replace property-level underwriting, inspections, appraisals, insurance quotes, lender review, or professional advice.

05.

Nearby markets

Market pages for other cities within 300 miles.

You've seen Winston-Salem. Now analyze a specific address.

PriceDNA's goal-convergent valuation shows the purchase price that supports your investing goal, not just the market average.