Real Estate Investing in Winston-Salem, North Carolina (27107)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Forsyth County • Population: 51,305 • Data updated: September 2026

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Should you buy in 27107 (Winston-Salem, NC)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (65/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 9.0% vacancy may signal weakening demand.

What’s happening in Winston-Salem, NC (27107)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $244,936
Avg Monthly Rent $1,686
1% Rule ✗ Does Not Meet
Median Income $54,176
% Renters 30.2%

Market Analysis: 27107 Winston-Salem

The 27107 ZIP in Winston-Salem, NC is a local-operator market. Outside capital chasing a $245K entry has to pair deep knowledge with the discount.

The investment case in 27107 is durable only for operators who understand what they are buying. A $245K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Statewide comparisons place 27107 among NC's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

Stepping back, 51,305 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

The right play in 27107 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Winston-Salem:

B Good
Buy Confidence Score: 76/100
Affordability
15/25
Appreciation
22/25
Stability
14/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.5× the median income
Value Trend
Rising (+4.4%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,686/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Winston-Salem, NC Metro Area
More inventory, negotiating room for buyers
47 days
Average time to sell
Average
11.4%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Winston-Salem, NC metro data
🏠

Property Strategy for 27107

Which property type performs best in this market?

Best for Cash Flow
1BR
6.9% cap rate
Best for Appreciation
2BR
+10.0% 5yr CAGR
Best Overall Value
2BR
$61,249/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $99,828 $960 6.9% +8.8% $99,828
2BR $122,499 $1,090 6.4% +10.0% $61,249
3BR $249,174 $1,440 4.2% +8.2% $83,058
4BR $314,391 $1,710 3.9% +7.9% $78,598
5BR $376,952 +7.4% $75,390

Market Trends

Home Value History (with trend line)

$261K$227K$193K$159K$124K$90KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,755$1,555$1,355$1,155$955$756Nov 2017Mar 2022Jul 2026

📊 How Does 27107 Compare?

Metric 27107 Winston-Salem Winston-Salem, NC North Carolina
Home Value $244,936 $67,908 N/A $330,565
5-Year CAGR 6.1% 5.2% N/A 7.8%
Avg Rent $1,686 $1,520 N/A -
Cap Rate 5.4% 4.6% - -
💡 Why Invest in 27107? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 27107 (Winston-Salem, NC). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
5.4%
Fair
5yr Growth
+6.1%
Strong

📊 Market Snapshot

Home Value $244,936
Monthly Rent $1,686
Price-to-Rent 12.1:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 8.3%
Cap Rate 5.4%
5-Year IRR 11.4%

📈 Home Appreciation

1-Year +4.4% ▲
3-Year CAGR +3.9% ▲
5-Year CAGR +6.1% ▲
10-Year CAGR +7.8% ▲

🏠 Rent Trends

1-Year +10.4% ▲
3-Year CAGR +7.8% ▲
5-Year CAGR +8.5% ▲
Negative Leverage — IRR / Tax Play Cap Rate: 5.4%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.4%). 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.

Vacancy
9.0%
Moderate risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+6.1%
Growing
Eviction process: Moderate Rent control: Favorable

Demographics in 27107

Population: 51,305

💰 Median Household Income
$54,176
This area
$54,176
State
$63,256
USA
$74,580
🏠 Renter Occupied
30.2%
This area
30.2%
State
27.8%
USA
34.0%
💼 Unemployment Rate
3.9%
This area
3.9%
State
-19.3%
USA
3.7%
🎓 College Educated
23.6%
This area
23.6%
State
0.5%
USA
33.7%
👤 Median Age
38.0 years
This area
38.0 years
State
6.5 years
USA
38.9 years
🏚️ Vacancy Rate
9.0%
This area
9.0%
State
19.4%
USA
10.5%
👥 Population by Ethnicity
White 51.8%
Black/African American 29.4%
Other/Mixed 17.5%
Hispanic/Latino 12.0%
Asian 1.3%
👶 Under 18
26.4%
This area
26.4%
USA
22.0%
👴 65 and Over
15.1%
This area
15.1%
USA
17.3%
📊 Poverty Rate
17.0%
This area
17.0%
USA
11.5%

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 27107

B+ Avg School Grade
10 Schools
13.6:1 Avg Class Size
$13,126 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Smith Farm Elementary

📚 Pre-K – 05 Elementary
👥
441 Students
👨‍🏫
11.5:1 Class Size
💰
$14,195 Per Student
A Very Good

Easton Elementary School

📚 Pre-K – 05 Elementary
👥
531 Students
👨‍🏫
13.0:1 Class Size
💰
$14,195 Per Student
A Very Good

Forest Park Elementary

📚 Pre-K – 05 Elementary
👥
529 Students
👨‍🏫
12.8:1 Class Size
💰
$14,195 Per Student
A Very Good

Hall-Woodward Elementary

📚 Pre-K – 05 Elementary
👥
586 Students
👨‍🏫
12.9:1 Class Size
💰
$14,195 Per Student
B+ Above Average

Friendship Elementary

📚 Pre-K – 05 Elementary
👥
461 Students
👨‍🏫
14.9:1 Class Size
💰
$11,522 Per Student
B+ Above Average

Hanes Magnet School

📚 06 – 08 Middle
👥
900 Students
👨‍🏫
15.9:1 Class Size
💰
$14,195 Per Student
B Good

Oak Grove Middle

📚 06 – 08 Middle
👥
722 Students
👨‍🏫
17.4:1 Class Size
💰
$11,522 Per Student
B Good

Wallburg Elementary

📚 Pre-K – 05 Elementary
👥
694 Students
👨‍🏫
16.6:1 Class Size
💰
$11,522 Per Student
B Good

Main Street Academy

📚 06 – 12 High School
👥
37 Students
👨‍🏫
2.4:1 Class Size
💰
$14,195 Per Student
C+ Average

Oak Grove High

📚 09 – 12 High School
👥
986 Students
👨‍🏫
19.2:1 Class Size
💰
$11,522 Per Student
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

8 Nearby 2,591 Off-Campus Students
B+
University of North Carolina School of the Arts
1,074 students · 5.3 mi
C+
Winston-Salem State University
4,776 students · 5.8 mi
C
Winston Salem Barber School
36 students · 5.8 mi
C
Salem College
519 students · 6.1 mi
C+
Forsyth Technical Community College
8,716 students · 6.4 mi
C
Carolina University
893 students · 6.5 mi
B+
Wake Forest University
9,121 students · 9.9 mi
D
Carolina Christian College
74 students · 10.1 mi

Investor Insight: With 2,591 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Are there empty rentals in Winston-Salem, NC?

Expect elevated vacancy in Winston-Salem, NC. Rents at $1,686/mo are absorbed by the tenant base without meaningful lag.

Are homes affordable in Winston-Salem, NC?

In Winston-Salem, NC the median home value sits at $245K. Against the broader NC market, that reads as reasonable for most investors.

Are rents high in Winston-Salem, NC?

The typical rental in Winston-Salem, NC commands about $1,686/mo monthly. That rent profile consistent cash flow against the $245K purchase basis.

Are eviction rules reasonable in Winston-Salem, NC?

Landlord-friendliness in Winston-Salem, NC is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

Does Winston-Salem, NC make sense for an investment property?

Our data puts Winston-Salem, NC at 3.0/5 for investability. Home prices of $245K and rents around $1,686/mo create a solid backdrop for investor activity.

You know 27107 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 27107 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.

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How 27107 ranks in Winston-Salem, NC

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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