Home

Winston-Salem, NC Real Estate


According to census data in the year 2000 there were 82,640 housing units in Winston-Salem. This represents a 25.9% growth from 65,631 in 1990.

Of those housing units, 82,557 were located in either urbanized areas or urban clusters, and 83 were located in what is classified as a rural area.

Homeownership rate in Winston-Salem is about 55.8%. Winston-Salem's vacancy rate, including seasonal lodging, is about 7.7%. Average household size is 2.31 people.

The majority of houses, apartments or condos in Winston-Salem were built after 1969.

Statistics

Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom14.30%
Two Bedrooms34.30%
Three Bedrooms36.80%
Four Bedrooms10.90%
Five Bedrooms or more2.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.37
Median year structure was built1967
Median Value of occupied units$102,200
Median Price asked for vacant units$90,600

Rented Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1972
Median Monthly Rent asked for vacant units$456

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage8%
Home Equity Loan12.20%
Simple Mortgage48.20%
Debt Free31.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.6%