Why Live in Forest Hills
Forest Hills in Winston-Salem, North Carolina, is a neighborhood with historical ties to the tobacco industry, located less than 5 miles north of downtown and the R.J. Reynolds Tobacco Company’s headquarters. The area remains largely industrial, with commercial enterprises such as pest control and metal fabrication. The residential section features a mix of classic brick ranch-style homes, Craftsman bungalows, and Minimal Traditional cottages, primarily built in the mid to late-20th century. The neighborhood is a mix of homeowners and renters, with 55% of residents renting their homes. Forest Hills is conveniently located near groceries, shopping, employers, Wake Forest University, and US Route 52.
For education, younger students attend North Hills Elementary and Mineral Springs Middle, while older students go to the highly-rated Mount Tabor High School. Wake Forest University, less than 2 miles away, offers a variety of majors and NCAA Division I athletics. Local parks such as Greenway Park, Bon Air Park, and Piney Grove Park provide recreational amenities including playgrounds, walking trails, and sports facilities. The Brown & Douglas Neighborhood Center offers exercise classes and educational seminars.
Shopping and dining options are concentrated along North Point Boulevard and University Parkway, with University Plaza Shopping Center featuring a Food Lion and Burlington. Fast-food chains and local eateries like Campus Gas are also nearby. Public transportation is accessible with Winston-Salem Transit Authority bus stops along Indiana Avenue, and US Route 52 provides easy car travel. The neighborhood is about a 10-minute drive from downtown and less than 3 miles from Smith Reynolds Airport.
Home Trends in Forest Hills, NC
On average, homes in Forest Hills, Winston-Salem sell after 100 days on the market compared to the national average of 70 days. The median sale price for homes in Forest Hills, Winston-Salem over the last 12 months is $310,990, down 34% from the median home sale price over the previous 12 months.
Median Sale Price
$310,990
Median Single Family Sale Price
$310,990
Median Townhouse Sale Price
$370,990
Median 1 Bedroom Sale Price
$369,900
Average Price Per Sq Ft
$187
Number of Homes for Sale
2
Last 12 months Home Sales
20
Median List Price
$369,900
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
-34%