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Winston-Salem, North Carolina

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Data-driven estimates for Winston-Salem — with the methodology behind every number.

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Winston-Salem market snapshot

Median Sale Price
$278K
Median Days on Market
29 days
Active Listings
132

RentCast market data · Forsyth County County, North Carolina

About Winston-Salem, North Carolina

Winston-Salem is a city in Forsyth County, North Carolina, United States, and its county seat. It is the fifth-most populous city in North Carolina and 91st-most populous city in the United States, with a population of 249,545 at the 2020 census. The Winston-Salem metropolitan area has an estimated 705,000 residents, making it the fourth-largest metropolitan area based in North Carolina. It is the second-most-populous city in North Carolina's Piedmont Triad region, home to about 1.7 million residents.

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 North Carolinians refer to the city as "Winston" in informal speech. Winston-Salem is also home to six colleges and institutions, most notably Wake Forest University, Winston-Salem State University, and the University of North Carolina School of the Arts.

Winston-Salem by the numbers

Population 250,887 · Median age 35.6 yrs · Census ACS 2023

Median household income

Winston-Salem's median household income of $57,673 compares to $69,904 statewide and $78,538 nationally, per Census ACS 2023 5-year estimates.

Median age (years)

The median age in Winston-Salem is 35.6 yrs, compared to 39.1 yrs for North Carolina and 38.7 yrs nationally.

Gender split

Winston-Salem is 46.6% male and 53.4% female, per Census ACS estimates.

Population trend — Winston-Salem

Winston-Salem's population grew 2.8% from 2019 to 2023, per Census ACS 5-year estimates.

Source: U.S. Census Bureau, American Community Survey 2023 5-year estimates.

North Carolina government

Governor

Josh Stein

Democrat

U.S. Senators

House Representatives (14)

Source: Congress.gov, Wikidata. Federal legislators represent North Carolina statewide or by congressional district.

Winston-Salem economy

Winston-Salem is the location of the corporate headquarters of HanesBrands, Inc., Lowes Foods Stores, Quality Oil Company, Reynolds American (parent of R. J. Reynolds Tobacco Company), Reynolda Manufacturing Solutions, K&W Cafeterias (until 2022), and TW Garner Food Company (makers of Texas Pete). Blue Rhino, the nation's largest propane exchange company and a division of Ferrellgas, is also headquartered in Winston-Salem. Wachovia Corporation was based in Winston-Salem until it merged with First Union Corporation in September 2001; the corporate headquarters of the combined company was located in Charlotte, until the company was purchased by Wells Fargo in December 2008. PepsiCo has its customer service center located in Winston-Salem. BB&T was also based in Winston-Salem until it was merged with SunTrust Banks in December 2019; the corporate headquarters of the combined company were relocated to Charlotte. Although traditionally associated with the textile and tobacco industries, Winston-Salem is transforming itself to be a leader in the nanotech, high-tech and biotech fields. Medical research is a fast-growing local industry, and Atrium Health Wake Forest Baptist is the largest employer in Winston-Salem. In December 2004, the city entered into a deal with Dell, providing millions of dollars in incentives to build a computer assembly plant nearby in southeastern Forsyth County. Dell closed its Winston-Salem facility in January 2010 due to the poor economy. In January 2015,…

Source: Wikipedia article on Winston-Salem under CC BY-SA 4.0.

Climate in Winston-Salem

Monthly climate — Winston-Salem

Source: NOAA Climate Data Online, 1991–2020 climate normals, station GHCND:USC00310286.

Average annual rainfall: 0.5 inches across 0 days per year.

Winston-Salem real estate news

Recent news about the Winston-Salem housing market. Source: Google News.

Winston-Salem real estate — frequently asked questions

What is the median home price in Winston-Salem?
The median home sale price in Winston-Salem, NC is $277,888, based on the most recent available sales data.
How long do homes stay on the market in Winston-Salem?
Homes in Winston-Salem sell in a median of 29 days.
What is the cost of living like in Winston-Salem?
Winston-Salem has a median household income of $57,673, per U.S. Census Bureau ACS estimates.
Who lives in Winston-Salem?
Winston-Salem has a population of 250,887 with a median age of 35.6 years, per U.S. Census Bureau ACS estimates.
How do I sell my home in Winston-Salem?
Start with a free, no-obligation home value estimate. Enter your address above and we'll connect you with a licensed local real-estate professional familiar with the Winston-Salem market within 24 hours.

How it works

  1. 1

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  2. 2

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    Three data-driven estimates — low, mid, and high — with the market context behind them.

  3. 3

    Connect with an expert

    A licensed North Carolina real-estate professional reaches out within 24 hours.

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ForSaleAmerica.com is an online marketplace and is not a real estate brokerage in North Carolina. Property valuations shown are automated estimates based on public data and are not appraisals, comparative market analyses, or guarantees of sale price. We connect homeowners with top local agents and partners — we do not represent buyers or sellers.