NC · Metro #89

Winston - NC housing market

The Winston metro has a typical home value of $284,988, up 2.6% from a year ago. Homes are moving fast at 16 days on market, a strong seller's market. 28% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$284,988
+2.6% vs. year ago
Median sale price
$277,981
+6.8% YoY
Median list price
$321,600
Sale-to-list ratio
98.3%
Selling below ask
Days on market
16d
Listings w/ price cut
28.4%
New listings / mo
872
+2.7% YoY
Homes for sale
2,493
+7.4% YoY
Typical rent
$1,564/mo
+2.2% YoY
Context

How to read this data

The typical home value ($284,988) 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 2.6% over the past year. In Winston - NC, that means a home worth $277,766 last year is now worth roughly $284,988.

The median sale price , what homes actually close for , is $277,981. Homes are selling at 98.3% of list price, meaning buyers have room to negotiate.

Homes listed in Winston - NC sit on the market for roughly 16 days before going pending. Shorter = seller's market; longer = buyer's market.

About 28.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 872 new listings hit the market each month in Winston - NC. There are currently 2,493 homes for sale, up 7.4% from a year ago.

The typical monthly rent in Winston - NC is $1,564, up 2.2% 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$390,942 -0.4% 23.0d
Raleigh - NC$438,138 -2.1% 19.0d
Greensboro - NC$266,965 +1.5% 17.0d
Durham - NC$415,643 -2.1% 18.0d
Fayetteville - NC$259,738 +0.4% 20.0d
Asheville - NC$430,056 -3.5% 42.0d
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