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Winston-Salem, NC Real Estate

Winston-Salem real estate is high on southern tradition.  It is the county seat for Forsyth County and is the county's largest city. The Piedmont's second largest city, Winston-Salem falls just behind Greensboro in its population.  Some people call Winston-Salem the Twin City because of its heritage, while others may call it The Camel City because it was the birthplace for Camel Cigarettes.

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Winston-Salem real estate is high on southern tradition.  It is the county seat for Forsyth County and is the county's largest city. The Piedmont's second largest city, Winston-Salem falls just behind Greensboro in its population.  Some people call Winston-Salem the Twin City because of its heritage, while others may call it The Camel City because it was the birthplace for Camel Cigarettes.

Winston-Salem Real Estate and History

The Reynolds' family patriarch was R. J. Reynolds, whose company dominated commerce in the town for many years.  In the 1940's and 1950's over 60% of the workers in Winston-Salem worked in tobacco or in textiles for the Hanes textile factories.  R. J. Reynolds died in 1918.

Wachovia Bank and Trust was founded in Winston-Salem in 1911 and helped make Winston-Salem real estate home to  a banking capital in the south for a number of years.  In 2001 Wachovia was purchased by Charlotte-based First Union, which then changed its name to Wachovia and moved much of its operation to Charlotte.  In 2009, Wells Fargo bank purchased Wachovia.

Population of the Winston-Salem real estate metropolitan area was estimated at about 468,000 in 2008.  The entire Piedmont-Triad area is estimated to have a population of 1,600,000.

Winston-Salem real estate has a spectacular skyline with tall, glass, modern office buildings combined with older brick historical buildings.  The Old Salem area is quaint and charming, as are the areas around historic Bethabara and Bethania.  The Reynolda Village, Reynolda Gardens and Reynolda House offer a spectacular view of historic living among the R.J. Reynolds family.  The site also include a fine museum of American art.

Winston-Salem Real Estate and Education

Wake Forest University is based in Winston-Salem, as are Winston-Salem State University, a historically black university; The University of North Carolina School of the Arts and Salem College, a liberal arts college for women. The nationally renowned Bowman-Grey School of Medicine is in Winston-Salem and is part of the Wake Forest University system.

Winston-Salem Real Estate and Area Businesses

Winston-Salem real estate is home of the world headquarters for Blue Rhino, R. J. Reynolds Tobacco Company, Krispy Kreme Doughnuts, Hanes Brands, Branch Banking and Trust and TW Garner Food Company.  With the global economy taking thousands of textile and tobacco jobs away from the South, Winston-Salem real estate; like many other areas are affected by changing economic times, has worked hard to recruit high-technology and bio-technology companies to the area. Wake Forest's University Baptist Medical Center is a major draw for bio-tech company seeking an area with strong personnel resources trained in medial research.

Winston-Salem Area Transportation

Winston-Salem real estate is served by the Piedmont Triad International Airport, which is located between Winston-Salem and Greensboro.  Charlotte International Airport (1.5 hours from Winston-Salem) also offers direct flights to other locations around the world, as does Raleigh-Durham International airport (1.5 hours from Winston-Salem real estate).


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Winston-Salem, NC Townhomes for Sale


Properties Listed:  217
Median Price:  $122K

Property Price Distribution

Country Millions of US dollars per million people
Under $100K 66
$100K-$199K 109
$200K-$299K 25
$300K-$399K 7
$400K-$699K 10
Luxury 0
Data based on BestHomePro active MLS listings

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