Why Live in Downtown Winston-Salem
Downtown Winston-Salem is a vibrant neighborhood known for its mix of historic and modern living spaces. Condos range from lofts in renovated buildings like the historic YMCA on Spruce Street to upscale units in Twin City Lofts and One Park Vista. Single-family homes, primarily located in the Holly Avenue Historic District, feature Queen Anne, Italianate, Craftsman, and Prairie styles. Forsyth County Central Library, within a mile of most homes, offers various programs and a makerspace. The Downtown Arts District on Trade Street hosts monthly gallery hops and events like Art Crush. Kaleideum provides interactive exhibits for children, while live music can be enjoyed at The Ramkat and Winston Square Park. Truist Stadium is popular for Minor League baseball games, and Old Salem Museums & Gardens offers historical insights. Local shopping includes Design Archives Vintage & Handmade Emporium and Bookmarks bookstore, which hosts the annual Bookmarks Festival of Books & Authors. Dining options range from Founders Restaurant to Finnegan’s Wake and Señor Bravo Mexican Restaurant. Annual events include Juneteenth, Pride festival, RiverRun International Film Festival, and Gears & Guitars. The neighborhood is walkable with bike lanes and the Strollway trail. The Innovation Quarter, a hub for local employers, is nearby. Public transportation is accessible via the Clark Campbell Transportation Center. Major roads like U.S. Route 421 and U.S. Route 52 provide connectivity. Schools include highly rated Brunson Elementary and Reynolds High.
Frequently Asked Questions
Is Downtown Winston-Salem a good place to live?
Downtown Winston-Salem is a good place to live. Downtown Winston-Salem is considered fairly walkable and very bikeable. Downtown Winston-Salem is a suburban neighborhood. Downtown Winston-Salem has 6 parks for recreational activities. It is fairly sparse in population with 5.8 people per acre and a median age of 36. The average household income is $94,364 which is below the national average. College graduates make up 63.2% of residents. A majority of residents in Downtown Winston-Salem are renters, with 87.4% of residents renting and 12.6% of residents owning their home. A
local real estate agent serving Downtown Winston-Salem can help you decide if this neighborhood is the right one for you. Learn more on our
Downtown Winston-Salem neighborhood guide.
How much do you need to make to afford a house in Downtown Winston-Salem?
The median home price in Downtown Winston-Salem is $575,000. If you put a 20% down payment of $115,000 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $2,930 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $126K a year to afford the median home price in Downtown Winston-Salem. The average household income in Downtown Winston-Salem is $94K.
What are the best public schools in Downtown Winston-Salem?
The best public schools that serve Downtown Winston-Salem are:
What are the best private schools in Downtown Winston-Salem?
The best private schools that serve Downtown Winston-Salem are:
- Salem Academy has an A+ Niche grade, a student teacher ratio of 3:1 and an average review score of 4.4.
- St. Leo Catholic School has an A Niche grade, a student teacher ratio of 11:1 and an average review score of 4.3.
- Salem Baptist Christian School has a B Niche grade, a student teacher ratio of 12:1 and an average review score of 4.2.
What are the most popular zip codes in Downtown Winston-Salem, Winston-Salem, NC?
What are the most popular neighborhoods near Downtown Winston-Salem, Winston-Salem, NC?
Home Trends in Downtown Winston-Salem, NC
On average, homes in Downtown Winston-Salem, Winston-Salem sell after 49 days on the market compared to the national average of 52 days. The median sale price for homes in Downtown Winston-Salem, Winston-Salem over the last 12 months is $608,500, up 40% from the median home sale price over the previous 12 months.
Median Sale Price
$608,500
Median Single Family Sale Price
$650,000
Average Price Per Sq Ft
$321
Number of Homes for Sale
6
Last 12 months Home Sales
10
Median List Price
$575,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
40%
