Homes for Sale in Winston Salem, NC with Newest Listings | realtor.com® (2024)

FAQs

Is this a good time to buy a house in NC? ›

Is it a buyer's or seller's market in North Carolina? It is considered a seller's market right now. Housing inventory is up since last year, which means supply is less constrained. Mortgage rates are 7.2%, making the average house payment $2,609, which is $329 higher than a year before.

Winston-Salem is a city in North Carolina with a population of 249,571. Winston-Salem is in Forsyth County and is one of the best places to live in North Carolina. Living in Winston-Salem offers residents a dense suburban feel and most residents own their homes. In Winston-Salem there are a lot of parks.

Winter is usually the cheapest time of year to purchase a home. Sellers are often motivated, which automatically translates into an advantage to you. Most people suspend their listings from around Thanksgiving to the New Year because they assume buyers are scarce.

North-Carolina Housing Demand

How competitive is the market? In May 2024, 27.2% of homes in North-Carolina sold above list price, down 6.7 points year. There were only 29.9% of homes that had price drops, up from 20.0% of homes in May last year. There was a 99.0% sale-to-list price, down 0.5 points year over year. …

Bottom Line: Is 2024 a Good Time to Buy a House in California? Yes. This is the best time to buy a house in California. With the current trend in the CA housing market, you'll find better deals on your dream home during Q2 2024.

If your credit score is strong, your employment is stable and you have enough savings to cover a down payment and closing costs, buying now might still be smart. If your personal finances are not ideal at the moment, or if home values in your area are on the decline, it might be better to wait.

Winter is traditionally the slowest season for home sales and, as a result, it's the cheapest time to buy a home. There's usually less competition between buyers and sellers may be more willing to negotiate to make a sale since buyer interest is lower than it is in the spring.