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Winston-Salem city, NC

ZIP 27040 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 27040

Median Home Value
$259,100
Median Rent
$1,170
Affordability Snapshot
$71,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,664/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

18.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 27040 in Winston-Salem city, NC, a household would need roughly $71,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,664. That sits below the local median household income ($92,365), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 11% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
91.5%+40% vs US avg
x
Vacancy Rate
11.3%+10% vs US avg
x
Broadband Access
94.7%+9% vs US avg
x
4+ Bedrooms
5.4%-63% vs US avg
x
Built Pre-1939
0.0%
x
Built Post-2014
1.6%-77% vs US avg
x
Rent Burden >30%
11.6%-77% vs US avg
x
Mortgage-Free
29.2%-24% vs US avg
x
$259,100
Home Value
$1,170
Rent
1987
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached93.4%
  • 1-unit attached1.8%
  • 2-9 units0.0%
  • 10+ units0.4%
  • Mobile home & other4.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$259,100
Median rent$1,170
Owner-occupied91.5%
Vacant11.3%
Price-to-income2.8x
Est. income to buy$71,000