Why Live in Salem Woods
Salem Woods in Winston-Salem, NC, is a tree-filled neighborhood located about 8 miles southwest of downtown. This area offers a blend of midcentury ranch-style and split-level homes, alongside Traditional and Modern Transitional-style homes built from the ‘90s to late 2010s. The neighborhood features broad front lawns, spacious backyards with privacy fences, and a mix of one- and two-car garages. Proximity to Interstate 40 and US Route 421 provides easy access to High Point and Greensboro, both less than 35 miles away. Local amenities include shopping and dining around Hanes Mall and Novant Health Forsyth Medical Center. For recreation, Hobby Park, less than 4 miles south, offers facilities for soapbox derby races, radio-controlled aircraft, and multiuse trails, while Little Creek Park features sports courts, a splash pad, and a playground. The public Heather Hills Golf Course is just under 3 miles east. Schools in the area include Clemmons Middle, Atkins Academic & Technology High School, and Reynolds High, all of which are highly rated. The neighborhood is safer than the national average, contributing to its appeal. Shopping options include Costco, Sam’s Club, Target, Walmart Supercenter, Home Depot, and Lowe’s, with dining options like Village Tavern and eateries around Hanes Mall. The 7.3-mile drive to downtown Winston-Salem takes less than 15 minutes via Route 421, with Winston-Salem Transit Authority bus stops conveniently located nearby.
Frequently Asked Questions
Is Salem Woods a good place to live?
Salem Woods is a good place to live. Salem Woods is considered somewhat walkable and somewhat bikeable. Salem Woods is a suburban neighborhood. Salem Woods has 7 parks for recreational activities. It is fairly sparse in population with 3.7 people per acre and a median age of 39. The average household income is $75,405 which is below the national average. College graduates make up 34.5% of residents. A majority of residents in Salem Woods are renters, with 54.3% of residents renting and 45.7% of residents owning their home. A
local real estate agent serving Salem Woods can help you decide if this neighborhood is the right one for you. Learn more on our
Salem Woods neighborhood guide.
How much do you need to make to afford a house in Salem Woods?
The median home price in Salem Woods is $775,000. If you put a 20% down payment of $155,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $4,010 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $172K a year to afford the median home price in Salem Woods. The average household income in Salem Woods is $75K.
What are the best public schools in Salem Woods?
The best public schools that serve Salem Woods are:
- West Forsyth High has an A Niche grade, a student teacher ratio of 20:1 and an average review score of 4.1.
- Clemmons Middle School has an A- Niche grade and a student teacher ratio of 19:1.
- Reynolds High School has a B+ Niche grade, a student teacher ratio of 19:1 and an average review score of 3.7.
What are the best private schools in Salem Woods?
The best private schools that serve Salem Woods are:
What are the most popular zip codes in Salem Woods, Winston-Salem, NC?
What are the most popular neighborhoods near Salem Woods, Winston-Salem, NC?
Are home prices dropping in Salem Woods?
Yes, home prices in Salem Woods are down 29% in the last 12 months.
Home Trends in Salem Woods, NC
On average, homes in Salem Woods, Winston-Salem sell after 146 days on the market compared to the national average of 70 days. The median sale price for homes in Salem Woods, Winston-Salem over the last 12 months is $317,560, down 43% from the median home sale price over the previous 12 months.
Median Sale Price
$317,560
Median Single Family Sale Price
$371,430
Median Townhouse Sale Price
$830,000
Median 2 Bedroom Sale Price
$630,000
Median 1 Bedroom Sale Price
$150,000
Average Price Per Sq Ft
$252
Number of Homes for Sale
11
Last 12 months Home Sales
56
Median List Price
$775,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-43%
