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 $355,696 in March, 4.6% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of May 2, the 30-year fixed mortgage rate sits at 7.22%.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: $129,583
- 1-year price change: +9.0%
- 5-year price change: +67.1%
#27. Jonesville, NC
- Typical home value: $150,526
- 1-year price change: +5.3%
- 5-year price change: data not available
#26. Sandy Ridge, NC
- Typical home value: $185,814
- 1-year price change: +9.1%
- 5-year price change: +47.1%
#25. Danbury, NC
- Typical home value: $198,904
- 1-year price change: +9.3%
- 5-year price change: +44.9%
#24. Walnut Cove, NC
- Typical home value: $206,574
- 1-year price change: +8.4%
- 5-year price change: +48.6%
#23. Lawsonville, NC
- Typical home value: $210,502
- 1-year price change: +7.4%
- 5-year price change: +47.3%
#22. Thomasville, NC
- Typical home value: $219,421
- 1-year price change: +7.1%
- 5-year price change: +61.8%
#21. Boonville, NC
- Typical home value: $221,202
- 1-year price change: +8.0%
- 5-year price change: +51.3%
#20. Hamptonville, NC
- Typical home value: $228,195
- 1-year price change: +6.3%
- 5-year price change: +43.2%
#19. Yadkinville, NC
- Typical home value: $231,037
- 1-year price change: +5.3%
- 5-year price change: +50.0%
#18. Linwood, NC
- Typical home value: $233,793
- 1-year price change: +11.6%
- 5-year price change: +68.6%
#17. Denton, NC
- Typical home value: $236,664
- 1-year price change: +10.0%
- 5-year price change: +58.3%
#16. East Bend, NC
- Typical home value: $241,878
- 1-year price change: +3.6%
- 5-year price change: +46.7%
#15. Pinnacle, NC
- Typical home value: $242,580
- 1-year price change: +5.3%
- 5-year price change: +45.8%
#14. Germanton, NC
- Typical home value: $246,584
- 1-year price change: +7.1%
- 5-year price change: +51.1%
#13. Lexington, NC
- Typical home value: $246,768
- 1-year price change: +7.1%
- 5-year price change: +62.6%
#12. Tobaccoville, NC
- Typical home value: $250,135
- 1-year price change: +6.5%
- 5-year price change: +52.9%
#11. Winston-Salem, NC
- Typical home value: $252,763
- 1-year price change: +7.2%
- 5-year price change: +64.2%
#10. Walkertown, NC
- Typical home value: $253,029
- 1-year price change: +6.6%
- 5-year price change: +58.4%
#9. Mocksville, NC
- Typical home value: $255,841
- 1-year price change: +4.4%
- 5-year price change: +52.5%
#8. King, NC
- Typical home value: $256,161
- 1-year price change: +5.8%
- 5-year price change: +55.2%
#7. Rural Hall, NC
- Typical home value: $261,977
- 1-year price change: +3.9%
- 5-year price change: +59.4%
#6. Bethania, NC
- Typical home value: $273,616
- 1-year price change: +5.6%
- 5-year price change: +55.5%
#5. Belews Creek, NC
- Typical home value: $311,171
- 1-year price change: +4.1%
- 5-year price change: +52.7%
#4. Kernersville, NC
- Typical home value: $311,659
- 1-year price change: +3.7%
- 5-year price change: +54.6%
#3. Clemmons, NC
- Typical home value: $370,959
- 1-year price change: +4.2%
- 5-year price change: +50.8%
#2. Lewisville, NC
- Typical home value: $375,771
- 1-year price change: +6.0%
- 5-year price change: +51.6%
#1. Advance, NC
- Typical home value: $384,301
- 1-year price change: +4.9%
- 5-year price change: +48.6%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.
