Real Estate Investing in Winston-Salem, North Carolina (27101)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 27101 (Winston-Salem, NC)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 16.7% of homes vacant — above national norms.
What’s happening in Winston-Salem, NC (27101)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 27101 Winston-Salem
Investors eyeing 27101 need to respect the fundamentals at play. Home values of $228K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 27101 stands at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader NC picture, 27101 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A healthy renter share of 66% in 27101 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 27101 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Winston-Salem:
Property Strategy for 27101
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $211,970 | $1,080 | 3.7% | +4.7% | $211,970 |
| 2BR | $172,428 | $1,230 | 5.1% | +8.8% | $86,214 |
| 3BR | $222,545 | $1,600 | 5.2% | +7.7% | $74,182 |
| 4BR | $305,989 | $1,900 | 4.5% | +7.8% | $76,497 |
| 5BR | $420,034 | — | — | +7.9% | $84,007 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 27101 Compare?
| Metric | 27101 | Winston-Salem | Winston-Salem, NC | North Carolina |
|---|---|---|---|---|
| Home Value | $227,912 | $67,908 | N/A | $330,565 |
| 5-Year CAGR | 4.8% | 5.2% | N/A | 7.8% |
| Avg Rent | $1,596 | $1,520 | N/A | - |
| Cap Rate | 5.5% | 4.6% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 27101 (Winston-Salem, NC). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 27101 (Winston-Salem, NC)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $227,912 |
| Monthly Rent | $1,596 |
| Price-to-Rent | 11.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.4% |
| Cap Rate | 5.5% |
| 5-Year IRR | 10.3% |
📈 Home Appreciation
| 1-Year | +3.2% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | +4.8% ▲ |
| 10-Year CAGR | +8.1% ▲ |
🏠 Rent Trends
| 1-Year | +1.4% ▲ |
| 3-Year CAGR | +2.6% ▲ |
| 5-Year CAGR | +3.9% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.5%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 27101
Population: 21,881
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 27101
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 2,591 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much rent can I charge in Winston-Salem, NC?
The typical rental in Winston-Salem, NC commands about $1,596/mo monthly. That rent profile consistent cash flow against the $228K purchase basis.
How much should I expect to pay for a home in Winston-Salem, NC?
Median home price in Winston-Salem, NC is near $228K, with a 5-year CAGR of 0.0%. Prices have been stable and supportive of buy-and-hold strategies.
How strong is Winston-Salem, NC for real estate investors?
Yes - Winston-Salem, NC a 3.0/5 investability score. With $228K home prices against $1,596/mo monthly rent, the market delivers a reasonable entry point for new investors.
How quickly do rentals get leased in Winston-Salem, NC?
Occupancy in Winston-Salem, NC runs even-keeled with elevated vacancy. Well-priced units at $1,596/mo lease on reasonable timelines.
What is the best play in Winston-Salem, NC?
Investors usually favor careful cash-flow rentals with hands-on management in Winston-Salem, NC. With home values at $228K and rents near $1,596/mo, other strategies can work but produce measured rather than outsized returns.
You know 27101 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 27101 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 27101 ranks in Winston-Salem, NC
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 27101 (Winston-Salem)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 27101 (Winston-Salem, NC).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.