Winston-Salem, NC Real Estate
According to census data in the year 2000 there were 82,640 housing units in Winston-Salem.
This represents a 25.9% growth from 65,631 in 1990.
Of those housing units, 82,557 were located in either urbanized areas or urban clusters, and 83 were located in what is classified as a rural area.
Homeownership rate in Winston-Salem is about 55.8%.
Winston-Salem's vacancy rate, including seasonal lodging, is about 7.7%.
Average household size is 2.31 people.
The majority of houses, apartments or condos in Winston-Salem were built after 1969.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 14.30% |
| Two Bedrooms | 34.30% |
| Three Bedrooms | 36.80% |
| Four Bedrooms | 10.90% |
| Five Bedrooms or more | 2.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.37 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $102,200 |
| Median Price asked for vacant units | $90,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.24 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $456 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 8% |
| Home Equity Loan | 12.20% |
| Simple Mortgage | 48.20% |
| Debt Free | 31.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.6% |
