According to statistics, the population in Winston-Salem, NC amounts to 240,193, which shows decline 1% compared to the previous year. The median age of the city’s residents is 35. The average household income is $42,219, shifting growth 3% from the past year, and the average property value in Winston-Salem, NC decline 0% to $142,200 throughout the year.
|Number Of Employees||105,926|
|Median Property Value||$142,200|
The average household income in Winston-Salem, NC grew from $40,898 to $42,219 in the past year. This data is an estimate based upon 94,105 households in Winston-Salem, NC . The chart below presents how household income is distributed in Winston-Salem, NC in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Winston-Salem, NC shifted from $142,400 to $142,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Winston-Salem, NC in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Winston-Salem, NC properties falls in the '$150,000 to $174,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Winston-Salem, NC compared to median property taxes around the country. The prevalent amount of property taxes in Winston-Salem, NC equals $1150, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Winston-Salem, NC decreased by 2.1% to $290,928.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 86% to $171,940. Asking price for 2-bed apartment also increased by 27.8% and a place of this size will now cost you $217,437. A 3-bed apartment goes for $276,793, it decreased by 2.8% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 15.4% and made it down to $374,819.
The average cost of an apartment in Winston-Salem, NC rised by 105.5% to $339,000. Price reports demonstrate that house price decreased by 8.2% this month making it up to $305,469. Condos are really in demand in this season. The median price for a condo increased by 11.3%, it’s now available for $222,216. You can now purchase a duplex for just $321,542, duplex price decreased by 15.5% this month. The price dynamics of lofts changed, it decreased by 10%, the price tag now starts at $337,314. Value of the townhouses didn’t change, the price still starts at $320,000.