Winston Salem, NC Single Family Homes for Sale | realtor.com® (2024)

FAQs

Is Winston-Salem a good place to live? ›

Winston-Salem is a city in North Carolina with a population of 249,571. Winston-Salem is in Forsyth County and is one of the best places to live in North Carolina. Living in Winston-Salem offers residents a dense suburban feel and most residents own their homes. In Winston-Salem there are a lot of parks.

In 2022, there were 1.39 times more White (Non-Hispanic) residents (112k people) in Winston-Salem, NC than any other race or ethnicity. There were 80.9k Black or African American (Non-Hispanic) and 15.2k White (Hispanic) residents, the second and third most common ethnic groups.

According to C2ER (the Council for Community and Economic Research), the cost of living in Winston Salem is estimated to be 86.3% of the national average making it one of the least expensive cities in the US.

Closing day

The cost varies based on the amount of the loan. Sellers typically cover the cost of transferring ownership in North Carolina. The state's real estate transfer tax is $1 for every $500 of value. So, the transfer taxes on a $500,000 property would be $1,000.

Closing costs can vary depending on many factors which makes each transaction unique. In North Carolina, the average closing costs are between 2% - 5% out of pocket for the buyer, while sellers closing costs average between 0.08% - 2% from of the sale price.

Selling a house in North Carolina

Home values have increased by 3.3% since last year, and the number of days it takes to sell a home has remain unchanged from 33 days in May 2023 to the same in May 2024. The best time to sell your home in North Carolina is in June, when homes sell fastest and for the most money.

Things That Have Contributed To Winston Salem's Growth

Renovation has been a big contributor to the city's growth — primarily in turning old and sometimes abandoned buildings into new and viable places for business. Many of the local microbreweries are in fact in what used to be old warehouses.

Winston-Salem is called the "Twin City" for its dual heritage, and the "Camel City" as a reference to the city's historic involvement in the tobacco industry related to locally based R. J. Reynolds' Camel cigarettes. Many natives of the city and North Carolina refer to the city as "Winston" in informal speech.

What is Winston-Salem NC ranked? ›

For the 2024 ranking, U.S. News adjusted its scoring weights for stronger considerations of a city's value and job market. Winston-Salem was ranked 6.4 (out of 10) for its overall score, along with 7.4 “in value of living there” and 6.4 in quality of life.

In addition to being named the top place to live in North Carolina, Raleigh was also among the top 25 best cities in America, best cities to raise a family and with the best public schools in the country, according to Niche. Here's a look at which other metros made the list of best places to live.

Winston-Salem is called the "Twin City" for its dual heritage, and the "Camel City" as a reference to the city's historic involvement in the tobacco industry related to locally based R. J. Reynolds' Camel cigarettes. Many natives of the city and North Carolina refer to the city as "Winston" in informal speech.

Your chances of becoming a victim of a violent crime in Salem is 1 in 212, which is a little higher than the state average.

According to Walk Score, an online tool that rates walkability and bikeability at addresses across the country, Winston-Salem's average walk score is an abysmal 22 out of 100, with the website stating that “almost all errands require a car” and “Winston-Salem is a car-dependent city.” Bikeability is not much better.