Area Insights of 27103, Winston Salem, NC

Stay ahead with market trends and local insights that matter.

Demand Insights

The market shows moderate activity with a price ratio of 2%, reflecting steady buyer interest. A total of 548 homes were sold with 152 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

27103, Winston Salem, NC

Date

05-19-2022

Price Ratio

102%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

Our Lady of Mercy Catholic School

PK to 8

St Johns Lutheran School

PK to 5

Middle School

No schools available

High School

Middle College of Forsyth Cnty

11 to 12

Ratings

A-

Early College of Forsyth County

9 to 12

Ratings

A+

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Population dynamics, income levels, and employment patterns are key indicators of real estate demand and future growth. Use these insights to make well-informed decisions.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 8% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (35,811)
15,692 Male
20,119 Female
Education
18% High School
11% Associate
23% Bachelor
18% Graduate
Age

Average Age is 39 Years

Household Details

The area's household landscape is diverse, with 55% owner-occupied homes and 45% renter-occupied properties. Family households represent 55% of the population, indicating a strong community focus on family living. The average home value stands at $277,538, which suggests ample demand for multi-bedroom properties.

Total Households
16,242
Average home value
$277,538
Owned
55%
Rented
45%
Vacant
9%
Families
55%
Married
35%
With children
25%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 4% Asian, 21% Black, and 1% Native residents, alongside 57% White and 14% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 23% of households earning over $100,000 annually, while 33% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
1%
Healthcare
23%
Professional
6%
Education
8%
Services
26%
Labor
16%
Retail
14%
Other
6%
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