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Why Live in Flat Rock

Flat Rock is a historic neighborhood in Southeast Winston-Salem that has transitioned from an industrial center to a residential area with a significant Hispanic population. Common home styles include bungalows and Capes Cods. Local businesses, such as El Jarocho market and Taqueria El Paisano, cater to the community's Mexican heritage, while Kermit’s Hot Dog House offers classic American fare. Students can attend highly-rated schools within the Winston-Salem/Forsyth district, including Hanes Magnet School and East Forsyth High School. The city's skyline is visible from the Quarry at Grant Park, which residents can reach via the Waughtown Connector greenway. And Salem Lake is popular for biking, walking and boating. Interstate 40 and Interstate 74 keep Flat Rock connected.

Flat Rock, Winston-Salem, NC Home Prices vs. Nearby Neighborhoods

Flat Rock Morningside Manor Waughtown Brookwood
Median Home Price
$205,000
$196,500
$146,900
$164,500
Median Sale Price
$190,000
+36% YoY
$171,500
-17% YoY
$93,000
-23% YoY
$135,000
-4% YoY
Median Single Family Price
$190,000
$196,450
$129,900
$141,250
Total Active Listings
0 listings
4 listings
4 listings
11 listings
Market Conditions
0 Months of Supply
Seller's Market
5 Months of Supply
Balanced Market
3 Months of Supply
Seller's Market
7 Months of Supply
Buyer's Market

Frequently Asked Questions

Is Flat Rock a good place to live?
Flat Rock is a good place to live. Flat Rock is considered car-dependent and bikeable. Flat Rock is a suburban neighborhood. Flat Rock has 5 parks for recreational activities.It is fairly sparse in population with 3.0 people per acre and a median age of 37. The average household income is $51,756 which is below the national average. College graduates make up 16.2% of residents. A majority of residents in Flat Rock are home owners, with 44% of residents renting and 56% of residents owning their home. A local real estate agent serving Flat Rock can help you decide if this neighborhood is the right one for you. Learn more on our Flat Rock neighborhood guide.
How much do you need to make to afford a house in Flat Rock?
The median home price in Flat Rock is $205,000. If you put a 20% down payment of $41,000 and had a 30-year fixed mortgage with an interest rate of 6.66%, your estimated principal and interest payment would be $1,050 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $45K a year to afford the median home price in Flat Rock. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Flat Rock is $52K.
What are the best public schools in Flat Rock?
The best public schools that serve Flat Rock are:
  • Hanes Middle has an A- Niche grade, a student teacher ratio of 16:1 and an average review score of 1.7.
  • East Forsyth High School has a B Niche grade, a student teacher ratio of 16:1 and an average review score of 3.7.
  • R.B. Glenn High School has a C+ Niche grade, a student teacher ratio of 16:1 and an average review score of 3.6.
What are the best private schools in Flat Rock?
The best private schools that serve Flat Rock are:
What are the most popular zip codes in Flat Rock, Winston-Salem, NC?
The most popular zip codes in Flat Rock, Winston-Salem, NC include 27107, 27127, 27101, 27284 and 27105.
What are the most popular neighborhoods near Flat Rock, Winston-Salem, NC?
The most popular neighborhoods near Flat Rock, Winston-Salem, NC are Reynolds Park-Salem Lake, Waughtown, Morningside Manor, Forest Park and Belview.
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