HousingHandbookReference data

U.S. ZIP Code · NC27045

Forsyth County · Winston-Salem, NC

Typical home value

$273,358[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.3%
5-year / yr
+6.2%
10-year / yr
+6.9%

Relative price

vs U.S.
-3.8%
vs metro
+2.9%
vs state
-4.0%
ZIP 27045 location in NC
Location of ZIP 27045 in NC

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 27045 is worth $273,358 — 2.9% above the Winston-Salem, NC median. Over the past year, values have risen 2.3%. Homes here rent for a typical $1,903 a month — a 8.4% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,903[2]
Gross yield
8.4%[2]
Cap rate
5.0%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.7%[3]
Typical annual tax
$1,963[3]

#Climate risk

FEMA National Risk Index ratings for Forsyth County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively High
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively Moderate
Hurricane
Relatively Moderate
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
Relatively High

#Who lives here

Population
10,863[3]
Median household income
$71,086[3]

#Migration

Household moves in and out of Forsyth County over a year, from IRS tax-return data.

Net migration
+504[5]
Moved in
10,963
Moved out
10,459

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
1
Elementary
1
Middle
0
High
0
  • Rural Hall Elementary

    Elementary · Grades PK–5 · Winston Salem / Forsyth County Schools

    465 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield8.4%
Net yield (after ~40% expenses)5.0%
Annual rent$22,839

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,382
Loan principal$218,686
Down payment$54,672
Total interest paid$278,922

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio0.93
Monthly cost to own$1,774
Monthly rent$1,903

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
57th percentile[1]
Rental yield
93rd percentile[2]
Property tax
77th percentile[3]

Frequently asked

How much is a home worth in ZIP code 27045?
The typical home in 27045 is worth $273,358, based on the Zillow Home Value Index.
Are home values rising in 27045?
Home values in 27045 are up 2.3% over the past year, and up 6.2% a year over five years.
What is the typical rent in 27045?
A typical home in 27045 rents for about $1,903 a month, a gross rental yield of 8.4%.
What is the property tax rate in 27045?
The effective property tax rate in 27045 is 0.7% — roughly $1,963 a year on a typical home.
Who lives in 27045?
ZIP code 27045 has a population of 10,863 and a median household income of $71,086.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Tobaccoville, NC

    Typical home
    $273,228
    Gross yield
  • Germanton CDP, NC

    Typical home
    $274,199
    Gross yield
  • Walkertown, NC

    Typical home
    $267,672
    Gross yield
  • Smithtown CDP, NC

    Typical home
    $267,337
    Gross yield
  • King, NC

    Typical home
    $279,898
    Gross yield
  • Mocksville, NC

    Typical home
    $280,775
    Gross yield

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