The story of this market
The typical home in ZIP 27157 sells for about $297,000, or $167 per square foot.
Prices are up +3.4% from a year ago, so sellers still have some momentum. Homes take about 36 days to sell. HUD's fair market rent for a two-bedroom is $1,525 a month.
ZIP 27157 — Winston-Salem
ZIP 27157 is a unique institutional ZIP code serving the Atrium Health Wake Forest Baptist medical campus and has no residential housing market. Market figures provided reflect the broader Winston-Salem metropolitan area, which is currently experiencing stable conditions with moderate price growth. The local market is driven by steady demand and a balanced inventory level.
This ZIP is a unique institutional code serving a medical campus; it is not a residential neighborhood for traditional home buyers or renters.
Median prices moved up 3.4% year over year.
Homes spend a median of 36 days on market with 3.2 months of supply — a fast-moving market.
22% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
unemployment 0.0% · poverty 0.0% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
Not determinable for this unique institutional ZIP code.
Not determinable for this unique institutional ZIP code.
The area is subject to standard regional climate risks for the Piedmont Triad, including occasional severe thunderstorms and wind events.
The ZIP is anchored by the Atrium Health Wake Forest Baptist Medical Center and the Wake Forest University School of Medicine, serving as a major hub for regional healthcare and medical education.
Property is subject to Forsyth County and Winston-Salem city tax levies; as a unique institutional ZIP code, most parcels are tax-exempt or specialized.
Located in the heart of Winston-Salem, this area offers immediate access to major medical corridors and central city employment hubs.
Proximity to downtown Winston-Salem provides access to urban parks, cultural venues, and the historic West End neighborhood.
The rental market in the surrounding Winston-Salem area is balanced with modest vacancy pressure.
The economy is heavily driven by the healthcare and life sciences sectors, anchored by the Wake Forest Baptist medical campus.
The area is well-served by major local thoroughfares and is central to the Winston-Salem transit network.
Ongoing expansion of the medical district and associated research facilities continues to be a primary development focus.
Forsyth County utilizes a cyclical reappraisal process to determine property values for tax purposes.
Parcels are subject to standard Forsyth County and Winston-Salem municipal service districts.
Standard property insurance market for the North Carolina Piedmont region.
North Carolina is a non-judicial foreclosure state.
North Carolina requires sellers to provide a residential property disclosure statement to buyers.
ZIP 27157 is a unique institutional ZIP code with no residential population.
- Dave & Buster's Winston-Salem4.22 mi
- Urban Air Trampoline and Adventure Park4.16.5 mi
- Get Air Trampoline Park416.8 mi
- Velocity 360 Fun Zone3.618.9 mi
- Armstrong Artisan Farm4.915.1 mi
- Bowman Gray Stadium4.72.8 mi
- Benton Convention Center4.51.5 mi
- Lawrence Joel Veterans Memorial Coliseum4.42.7 mi
- Winston Salem Fairgrounds4.32.8 mi
- Golden Corral Buffet & Grill4.32.3 mi
- Tanglewood Park4.79.4 mi
- The Grand Winston-Salem by Santikos4.55.8 mi
- Kaleideum4.61.5 mi
- AMC Hanes 124.33.8 mi
- Reynolda Village Shops & Restaurants4.72.6 mi
- Kaleideum4.61.5 mi
- Nido & Mariana Qubein Children’s Museum4.916.9 mi
- Old Salem Museums & Gardens4.61.7 mi
- Reynolda House Museum of American Art4.62.5 mi
- Richard Childress Racing4.812.7 mi
- Tanglewood Park4.79.4 mi
- The Quarry at Grant Park4.74 mi
- Salem Lake Trail4.84.4 mi
- Reynolda Gardens-Wake Forest4.82.5 mi
- Bailey Park4.71.8 mi
- Salem Lake Marina Center & Fishing Station4.64.4 mi
- Oak Hollow Marina4.715.9 mi
- Meadowlands Golf Club4.48.8 mi
- Bermuda Run Country Club4.610.3 mi
- Oak Valley Golf Club4.511.8 mi
- Old Town Club4.82.4 mi
- Golf Galaxy Performance Center3.90.8 mi
- Hanes Mall4.22.2 mi
- Publix Super Market at Miller Street4.60.4 mi
- T.J. Maxx4.32.8 mi
- Cooks Flea Market4.15.5 mi
- Marshalls4.21.9 mi
- Piedmont Triad International Airport4.418.9 mi
- GSO Airport4.618.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major regional academic medical center and anchor institution.
Primary medical education facility for the region.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.