HousingHandbookReference data

U.S. ZIP Code · NC27051

Forsyth County · Winston-Salem, NC

Typical home value

$267,672[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.1%
5-year / yr
+6.7%
10-year / yr
+7.4%

Relative price

vs U.S.
-5.8%
vs metro
≈ metro median
vs state
-6.0%
ZIP 27051 location in NC
Location of ZIP 27051 in NC

Price history

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

The typical home in 27051 is worth $267,672. Over the past year, values have risen 3.1%. 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
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
0.7%[3]
Typical annual tax
$1,913[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
7,873[3]
Median household income
$74,804[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
4
Elementary
2
Middle
1
High
1
  • Walkertown High

    High · Grades 9–12 · Winston Salem / Forsyth County Schools

    664 students

  • Walkertown Elementary

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

    662 students

  • Walkertown Middle

    Middle · Grades 6–8 · Winston Salem / Forsyth County Schools

    623 students

  • Appalachian Academy at Middle Fork

    Elementary · Grades K–5 · Appalachian State U Academy Middle Fork

    284 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 yield
Net yield (after ~40% expenses)
Annual rent

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$1,353
Loan principal$214,137
Down payment$53,534
Total interest paid$273,120

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 ratio
Monthly cost to own$1,735
Monthly rent

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
80th percentile[1]
Rental yield
[2]
Property tax
74th percentile[3]

Frequently asked

How much is a home worth in ZIP code 27051?
The typical home in 27051 is worth $267,672, based on the Zillow Home Value Index.
Are home values rising in 27051?
Home values in 27051 are up 3.1% over the past year, and up 6.7% a year over five years.
What is the property tax rate in 27051?
The effective property tax rate in 27051 is 0.7% — roughly $1,913 a year on a typical home.
Who lives in 27051?
ZIP code 27051 has a population of 7,873 and a median household income of $74,804.

#Comparable ZIPs

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

  • Smithtown CDP, NC

    Typical home
    $267,337
    Gross yield
  • Tyro CDP, NC

    Typical home
    $264,121
    Gross yield
  • Tobaccoville, NC

    Typical home
    $273,228
    Gross yield
  • Rural Hall, NC

    Typical home
    $273,358
    Gross yield
    8.4%
  • Germanton CDP, NC

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

    Typical home
    $260,886
    Gross yield

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