NC · Metro #89

Winston - NC housing market

The Winston metro has a typical home value of $283,871, up 2.8% from a year ago. Homes are moving fast at 14 days on market - a strong seller's market. 27% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$283,871
+2.8% vs. year ago
Median sale price
$277,375
+6.0% YoY
Median list price
$321,600
Sale-to-list ratio
97.7%
Selling below ask
Days on market
14d
Listings w/ price cut
26.7%
New listings / mo
886
+1.6% YoY
Homes for sale
2,379
+4.7% YoY
Typical rent
$1,546/mo
+3.2% YoY
Context

How to read this data

The typical home value ($283,871) is the Zillow Home Value Index for the Winston - NC metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 2.8% over the past year. In Winston - NC, that means a home worth $276,139 last year is now worth roughly $283,871.

The median sale price , what homes actually close for , is $277,375. Homes are selling at 97.7% of list price, meaning buyers have room to negotiate.

Homes listed in Winston - NC sit on the market for roughly 14 days before going pending. Shorter = seller's market; longer = buyer's market.

About 26.7% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 886 new listings hit the market each month in Winston - NC. There are currently 2,379 homes for sale, up 4.7% from a year ago.

The typical monthly rent in Winston - NC is $1,546, up 3.2% year over year. For investors, the price-to-rent ratio here is roughly 15x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Covered Home Repairs
Related

Other metros in NC

MetroHome value1-yr changeDays on market
Charlotte - NC$390,321 -0.4% 20.0d
Raleigh - NC$438,364 -2.2% 16.0d
Greensboro - NC$266,370 +1.5% 16.0d
Durham - NC$414,340 -1.9% 14.0d
Fayetteville - NC$259,183 +0.6% 20.0d
Asheville - NC$428,742 -3.6% 37.0d
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