Cities with the fastest growing home prices in Winston-Salem metro area

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November 23, 2022
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Cities with the fastest growing home prices in Winston-Salem metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Winston-Salem, NC metro area using data from Zillow. Cities are ranked by 1-year price change as of September 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 30 cities and towns with data available were included in the list.

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Stacker

#30. Jonesville, Jonesville

- 1-year price change: +$22,893 (+20.9%)
- 5-year price change: +$53,012 (+66.8%)
- Typical home value: $132,328 (#29 most expensive city in metro)
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#29. Cooleemee, Cooleemee

- 1-year price change: +$23,319 (+31.9%)
- 5-year price change: +$32,841 (+51.7%)
- Typical home value: $96,378 (#30 most expensive city in metro)
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Stacker

#28. Germanton, Germanton

- 1-year price change: +$32,368 (+18.3%)
- 5-year price change: +$74,010 (+54.7%)
- Typical home value: $209,414 (#21 most expensive city in metro)
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#27. Pine Hall, Pine Hall

- 1-year price change: +$32,422 (+28.4%)
- 5-year price change: +$45,840 (+45.6%)
- Typical home value: $146,399 (#28 most expensive city in metro)
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Stacker

#26. Pinnacle, Pinnacle

- 1-year price change: +$33,103 (+19.7%)
- 5-year price change: +$61,843 (+44.3%)
- Typical home value: $201,398 (#23 most expensive city in metro)

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#25. Walnut Cove, Walnut Cove

- 1-year price change: +$33,503 (+22.8%)
- 5-year price change: +$57,745 (+47.1%)
- Typical home value: $180,314 (#25 most expensive city in metro)
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#24. Denton, Denton

- 1-year price change: +$34,971 (+18.5%)
- 5-year price change: +$89,939 (+67.3%)
- Typical home value: $223,501 (#18 most expensive city in metro)
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Stacker

#23. Thomasville, Thomasville

- 1-year price change: +$35,016 (+20.4%)
- 5-year price change: +$89,611 (+76.5%)
- Typical home value: $206,754 (#22 most expensive city in metro)
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Stacker

#22. Boonville, Boonville

- 1-year price change: +$35,804 (+20.0%)
- 5-year price change: +$83,325 (+63.3%)
- Typical home value: $215,018 (#20 most expensive city in metro)
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#21. King, King

- 1-year price change: +$36,076 (+18.5%)
- 5-year price change: +$80,692 (+53.6%)
- Typical home value: $231,262 (#15 most expensive city in metro)

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#20. Sandy Ridge, Sandy Ridge

- 1-year price change: +$36,152 (+28.1%)
- 5-year price change: +$57,999 (+54.3%)
- Typical home value: $164,880 (#27 most expensive city in metro)
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#19. Linwood, Linwood

- 1-year price change: +$36,247 (+20.1%)
- 5-year price change: +$94,746 (+78.0%)
- Typical home value: $216,255 (#19 most expensive city in metro)
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#18. Danbury, Danbury

- 1-year price change: +$37,026 (+28.0%)
- 5-year price change: +$52,242 (+44.6%)
- Typical home value: $169,408 (#26 most expensive city in metro)
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#17. Yadkinville, Yadkinville

- 1-year price change: +$37,962 (+19.7%)
- 5-year price change: +$85,155 (+58.6%)
- Typical home value: $230,466 (#16 most expensive city in metro)
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Stacker

#16. East Bend, East Bend

- 1-year price change: +$38,409 (+18.2%)
- 5-year price change: +$94,988 (+61.5%)
- Typical home value: $249,325 (#8 most expensive city in metro)

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Stacker

#15. Walkertown, Walkertown

- 1-year price change: +$38,910 (+19.5%)
- 5-year price change: +$102,984 (+76.0%)
- Typical home value: $238,483 (#11 most expensive city in metro)
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Stacker

#14. Lawsonville, Lawsonville

- 1-year price change: +$38,915 (+26.7%)
- 5-year price change: +$62,385 (+51.0%)
- Typical home value: $184,715 (#24 most expensive city in metro)
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#13. Tobaccoville, Tobaccoville

- 1-year price change: +$39,695 (+20.0%)
- 5-year price change: +$101,921 (+74.9%)
- Typical home value: $238,004 (#13 most expensive city in metro)
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#12. Hamptonville, Hamptonville

- 1-year price change: +$39,699 (+21.0%)
- 5-year price change: +$90,896 (+65.9%)
- Typical home value: $228,724 (#17 most expensive city in metro)
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#11. Lexington, Lexington

- 1-year price change: +$40,146 (+20.9%)
- 5-year price change: +$102,196 (+78.4%)
- Typical home value: $232,574 (#14 most expensive city in metro)

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#10. Winston-Salem, Winston-Salem

- 1-year price change: +$43,895 (+22.5%)
- 5-year price change: +$109,148 (+84.1%)
- Typical home value: $238,938 (#10 most expensive city in metro)
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#9. Rural Hall, Rural Hall

- 1-year price change: +$44,270 (+21.6%)
- 5-year price change: +$110,257 (+79.6%)
- Typical home value: $248,764 (#9 most expensive city in metro)
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#8. Mocksville, Mocksville

- 1-year price change: +$46,230 (+24.1%)
- 5-year price change: +$88,165 (+58.8%)
- Typical home value: $238,172 (#12 most expensive city in metro)
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#7. Bethania, Bethania

- 1-year price change: +$46,716 (+20.6%)
- 5-year price change: +$114,823 (+72.4%)
- Typical home value: $273,444 (#7 most expensive city in metro)
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#6. Wallburg, Wallburg

- 1-year price change: +$46,995 (+19.0%)
- 5-year price change: +$121,501 (+70.3%)
- Typical home value: $294,277 (#6 most expensive city in metro)

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#5. Belews Creek, Belews Creek

- 1-year price change: +$47,029 (+18.6%)
- 5-year price change: +$124,297 (+71.1%)
- Typical home value: $299,197 (#5 most expensive city in metro)
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#4. Kernersville, Kernersville

- 1-year price change: +$52,141 (+21.0%)
- 5-year price change: +$128,484 (+74.8%)
- Typical home value: $300,294 (#4 most expensive city in metro)
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#3. Clemmons, Clemmons

- 1-year price change: +$57,060 (+19.3%)
- 5-year price change: +$144,165 (+69.3%)
- Typical home value: $352,226 (#3 most expensive city in metro)
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#2. Lewisville, Lewisville

- 1-year price change: +$60,981 (+20.4%)
- 5-year price change: +$146,069 (+68.5%)
- Typical home value: $359,334 (#2 most expensive city in metro)
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#1. Advance, Advance

- 1-year price change: +$65,750 (+21.9%)
- 5-year price change: +$124,277 (+51.4%)
- Typical home value: $365,989 (#1 most expensive city in metro)

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