Winston-Salem, NC is home to a number of Fortune 500 companies including Reynolds American, Inc. and Hanesbrands, Inc. Known as the "Camel City" and the "Twin City," it is also home to a number of research institutions including Wake Forest University, the Atrium Health Wake Forest Baptist Medical Center, and Forsyth Technical Community College. The diversity found here helps create a stable economy that is less susceptible to downturns.
This northwest North Carolina city enjoys a very affordable housing market, with the median home price in Winston-Salem sitting at nearly 40% less than the national average. This makes it a great place to buy a home, for both homebuyers and investors.
Each neighborhood in this city shines with its own unique charm and character. Some of the most popular neighborhoods include Ardmore, Reynoldstown, and Williamsburg Square. Ongoing initiatives, like Innovation Quarter, aim to transform former tobacco warehouses into a hub for technology, research, and innovation. Such projects not only contribute to the economic growth of the region, they also create ample opportunity for both commercial and residential real estate developments.