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 $360,385 in October, 2.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of November 14, the 30-year fixed mortgage rate sits at 6.78%.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: $130,456
- 1-year price change: +5.7%
- 5-year price change: +64.7%
#27. Jonesville, NC
- Typical home value: $161,069
- 1-year price change: +12.8%
- 5-year price change: data not available
#26. Sandy Ridge, NC
- Typical home value: $193,176
- 1-year price change: +5.3%
- 5-year price change: +52.5%
#25. Danbury, NC
- Typical home value: $210,779
- 1-year price change: +8.4%
- 5-year price change: +56.7%
#24. Walnut Cove, NC
- Typical home value: $213,190
- 1-year price change: +5.3%
- 5-year price change: +55.8%
#23. Lawsonville, NC
- Typical home value: $218,612
- 1-year price change: +8.4%
- 5-year price change: +60.6%
#22. Thomasville, NC
- Typical home value: $225,257
- 1-year price change: +4.9%
- 5-year price change: +61.3%
#21. Boonville, NC
- Typical home value: $230,818
- 1-year price change: +7.7%
- 5-year price change: +54.8%
#20. Linwood, NC
- Typical home value: $238,985
- 1-year price change: +5.0%
- 5-year price change: +68.8%
#19. Denton, NC
- Typical home value: $243,410
- 1-year price change: +3.2%
- 5-year price change: +60.3%
#18. Hamptonville, NC
- Typical home value: $244,437
- 1-year price change: +8.5%
- 5-year price change: +49.6%
#17. Yadkinville, NC
- Typical home value: $244,493
- 1-year price change: +7.1%
- 5-year price change: +53.6%
#16. Lexington, NC
- Typical home value: $252,226
- 1-year price change: +3.6%
- 5-year price change: +62.2%
#15. Winston-Salem, NC
- Typical home value: $253,112
- 1-year price change: +4.2%
- 5-year price change: +62.4%
#14. Germanton, NC
- Typical home value: $253,334
- 1-year price change: +5.3%
- 5-year price change: +57.3%
#13. Tobaccoville, NC
- Typical home value: $253,741
- 1-year price change: +4.1%
- 5-year price change: +55.0%
#12. Walkertown, NC
- Typical home value: $256,549
- 1-year price change: +4.2%
- 5-year price change: +58.6%
#11. East Bend, NC
- Typical home value: $256,947
- 1-year price change: +5.9%
- 5-year price change: +51.6%
#10. Pinnacle, NC
- Typical home value: $258,090
- 1-year price change: +5.6%
- 5-year price change: +55.1%
#9. King, NC
- Typical home value: $259,962
- 1-year price change: +3.5%
- 5-year price change: +53.7%
#8. Mocksville, NC
- Typical home value: $259,996
- 1-year price change: +2.7%
- 5-year price change: +51.4%
#7. Rural Hall, NC
- Typical home value: $262,540
- 1-year price change: +3.0%
- 5-year price change: +59.6%
#6. Bethania, NC
- Typical home value: $274,760
- 1-year price change: +3.3%
- 5-year price change: +56.3%
#5. Kernersville, NC
- Typical home value: $311,300
- 1-year price change: +3.0%
- 5-year price change: +53.0%
#4. Belews Creek, NC
- Typical home value: $324,535
- 1-year price change: +3.2%
- 5-year price change: +56.1%
#3. Clemmons, NC
- Typical home value: $372,415
- 1-year price change: +2.9%
- 5-year price change: +50.3%
#2. Lewisville, NC
- Typical home value: $378,978
- 1-year price change: +4.1%
- 5-year price change: +52.2%
#1. Advance, NC
- Typical home value: $387,691
- 1-year price change: +3.8%
- 5-year price change: +48.2%