Cities with the most expensive homes in the Winston-Salem metro area
Cities with the most expensive homes in the Winston-Salem metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.
The typical home value in the United States was $349,216 in February, 4.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of March 28, the 30-year fixed mortgage rate sits at 6.79%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
Stacker compiled a list of cities with the most expensive homes in the Winston-Salem metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 28 cities and towns with data available were included in the list.
#28. Cooleemee, NC
- Typical home value: $124,867
- 1-year price change: +6.4%
- 5-year price change: +64.5%
#27. Jonesville, NC
- Typical home value: $140,258
- 1-year price change: +3.5%
- 5-year price change: data not available
#26. Sandy Ridge, NC
- Typical home value: $183,771
- 1-year price change: +8.3%
- 5-year price change: +46.0%
#25. Danbury, NC
- Typical home value: $192,348
- 1-year price change: +8.4%
- 5-year price change: +45.3%
#24. Walnut Cove, NC
- Typical home value: $200,428
- 1-year price change: +7.8%
- 5-year price change: +48.7%
#23. Lawsonville, NC
- Typical home value: $205,453
- 1-year price change: +6.6%
- 5-year price change: +47.0%
#22. Thomasville, NC
- Typical home value: $212,746
- 1-year price change: +6.7%
- 5-year price change: +62.2%
#21. Boonville, NC
- Typical home value: $216,155
- 1-year price change: +7.7%
- 5-year price change: +52.4%
#20. Hamptonville, NC
- Typical home value: $221,040
- 1-year price change: +5.9%
- 5-year price change: +44.6%
#19. Yadkinville, NC
- Typical home value: $225,530
- 1-year price change: +5.1%
- 5-year price change: +51.2%
#18. Linwood, NC
- Typical home value: $225,724
- 1-year price change: +11.9%
- 5-year price change: +68.6%
#17. Denton, NC
- Typical home value: $230,430
- 1-year price change: +10.7%
- 5-year price change: +58.6%
#16. Pinnacle, NC
- Typical home value: $232,663
- 1-year price change: +5.4%
- 5-year price change: +46.9%
#15. East Bend, NC
- Typical home value: $235,282
- 1-year price change: +3.5%
- 5-year price change: +47.8%
#14. Germanton, NC
- Typical home value: $239,206
- 1-year price change: +6.6%
- 5-year price change: +51.0%
#13. Lexington, NC
- Typical home value: $240,244
- 1-year price change: +7.1%
- 5-year price change: +63.4%
#12. Tobaccoville, NC
- Typical home value: $241,769
- 1-year price change: +5.9%
- 5-year price change: +53.1%
#11. Winston-Salem, NC
- Typical home value: $245,200
- 1-year price change: +6.4%
- 5-year price change: +64.9%
#10. Walkertown, NC
- Typical home value: $246,466
- 1-year price change: +6.2%
- 5-year price change: +59.2%
#9. Mocksville, NC
- Typical home value: $249,687
- 1-year price change: +3.6%
- 5-year price change: +53.1%
#8. King, NC
- Typical home value: $251,299
- 1-year price change: +5.5%
- 5-year price change: +55.9%
#7. Rural Hall, NC
- Typical home value: $255,876
- 1-year price change: +3.4%
- 5-year price change: +60.4%
#6. Bethania, NC
- Typical home value: $263,656
- 1-year price change: +5.3%
- 5-year price change: +56.7%
#5. Belews Creek, NC
- Typical home value: $302,367
- 1-year price change: +4.1%
- 5-year price change: +53.1%
#4. Kernersville, NC
- Typical home value: $304,110
- 1-year price change: +3.0%
- 5-year price change: +55.4%
#3. Clemmons, NC
- Typical home value: $362,043
- 1-year price change: +3.8%
- 5-year price change: +51.5%
#2. Lewisville, NC
- Typical home value: $366,645
- 1-year price change: +5.4%
- 5-year price change: +52.1%
#1. Advance, NC
- Typical home value: $374,883
- 1-year price change: +4.2%
- 5-year price change: +48.1%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.