Forsyth County, NC Home Values & Market Trends
The median home price in Forsyth County, NC is $261,690.33. There were 6,601 home sales in Forsyth County, NC over the past 12 months. The median residential Forsyth County, NC home value for transactions over the previous year is $236,551.183. The number of current listings in Forsyth County, NC is 578, and the percentage of properties for sale is 578.00%. The county has 132 foreclosures, 8 bank owned properties, 48 headed for auction, and 578 properties for sale.
Forsyth County, NC Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Winston Salem | $ 269,949 $ 159/sqft | Rural Hall | $ 295,000 $ 153/sqft |
| Kernersville | $ 314,025 $ 166/sqft | Walkertown | $ 266,450 $ 139/sqft |
| Clemmons | $ 394,132 $ 154/sqft | Tobaccoville | $ 276,950 $ 152/sqft |
| Pfafftown | $ 320,000 $ 145/sqft | Belews Creek | $ 269,568 $ 199/sqft |
| Lewisville | $ 486,005 $ 176/sqft |
Housing Market Summary for Forsyth County, NC
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $289.6K | $236.4K | -18.36% |
| Median Sold Price | $244.4K | $236.4K | -3.26% |
| Homes For Sale | 486 | 529 | 8.85% |
| Homes Sold | 3,474 | 3,071 | -11.60% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Forsyth County, NC
Browse Homes in Forsyth County, NC
Forsyth County, NC home values range from $19,104 to $65,535,601. Belews Creek is the priciest city with a median listing home price of $810,000, and Tobaccoville is most affordable with average house prices of around $254,900.
- Pre-ForeclosurePre-foreclosure homes account for 0.06% of all residential properties in Forsyth County, NC with Winston Salem containing 56 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 9 cities within Forsyth County, NC; of those cities, the estimated home value for pre-foreclosure homes ranges from $867,427 in Pfafftown to the lowest home value of $27,591 in Winston Salem.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Forsyth County, NC ranges from the highest value of $285,921 in Kernersville to the lowest value of $64,900 in Winston Salem. Bank owned homes and properties account for 0.01% of properties in Forsyth County, NC. There are 9 cities within Forsyth County, NC; Pfafftown containing 2 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsWinston Salem has 37 auction properties, the highest number of properties going to auction in a single city in the state of Forsyth County, NC. Auction homes and other auction properties account for 0.04% of all properties in Forsyth County, NC. There are 9 cities within Forsyth County, NC; of those cities, the median estimated home value for homes going to auction ranges from $808,412 in Lewisville to the lowest value of $49,692 in Lewisville.
Compare Nearby Cities
More Real Estate Resources for Forsyth County, NC
Guide for Forsyth County, NC
North Carolina Foreclosure Laws
In Greensboro, NC, real estate trends indicate a decreasing average property value and sale price as of February 2024 while maintaining consistent market activity. Property values in the city indicate an affordable entry point for homebuying in comparison to neighboring areas.
The Durham, NC real estate market is showing dynamic trends, with fluctuations in property value and sold prices across the year and in neighboring cities. Local demand, economic factors, and community growth have created a complex market with growth potential, minimal distressed sales, and distinct opportunities for various buyer segments.
This blog post explores the varying property values and real estate trends in Charlotte, North Carolina and its surrounding areas within a span of a year. The analysis provides insights into median property values, square foot prices, sold properties, foreclosures, market health, and local submarkets.
