The Downtown Winston-Salem housing market is somewhat competitive. The median sale price of a home in Downtown Winston-Salem was $423K last month, down 18.3% since last year. The median sale price per square foot in Downtown Winston-Salem is $419, up 193.0% since last year.
What is the housing market like in Downtown Winston-Salem today?
In February 2025, Downtown Winston-Salem home prices were down 18.3% compared to last year, selling for a median price of $423K. On average, homes in Downtown Winston-Salem sell after 40 days on the market compared to 18 days last year. There were 2 homes sold in February this year, up from 2 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$423,250
-18.3% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Downtown Winston-Salem, NC
$423,250
-18.3%
United States
To compare other locations to the Downtown Winston-Salem and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Winston-Salem add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Downtown Winston-Salem
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How hot is the Downtown Winston-Salem housing market?
Downtown Winston-Salem is somewhat competitive. Homes sell in 33 days.
0
100
50
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 33 days.
Hot homes
can sell for about 1% above list price and go pending in around 16 days.
Learn about schools in the Downtown Winston-Salem area
Elementary
Middle
High
GreatSchools Rating
8/10
The Downtown School
Public • PreK-8
409
Students
6 reviews
3/10
Virtual Academy
Public • PreK-12
411
Students
1 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Winston-Salem housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Winston-Salem.
Flood Factor - Minor
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Winston-Salem has a minor risk of flooding. 61 properties in Downtown Winston-Salem are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in Downtown Winston-Salem. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Winston-Salem has a minor risk of wildfire. There are 4 properties in Downtown Winston-Salem that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Downtown Winston-Salem.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Winston-Salem has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Winston-Salem is most at risk from hurricanes. 1,111 properties in Downtown Winston-Salem have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 61 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 69 mph.
100% of properties are at major
risk of heat over the next 30 years
Heat Factor
Downtown Winston-Salem has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Downtown Winston-Salem have a Major Heat Factor®.
Downtown Winston-Salem is expected to see a 171% increase in the number of days over 101ºF over the next 30 years. Downtown Winston-Salem is expected to experience 8