Neighborhood Profile

Forestdale

Winston-Salem, NC | Forsyth County
Scored premium profile
Best Neighborhoods USA Index
65.9
National rank: #2,264 of 14,967
Stability and Strength
71.3
Score
Value Opportunity
82.2
Score
Momentum
34.4
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationWinston-Salem, NC
CountyForsyth County
National rank#2,264 of 14,967
State rank#88 of 535
City rank#33 of 185
County rank#33 of 189
National percentile84.9
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$383,706
Year-over-year home value change-1.3%
Month-over-month home value change-0.02%
Home value to income ratio2.80
Median household income$137,174
Bachelor's degree or higher76.7%
Civilian unemployment rate6.1%
Homeownership rate95.7%
Housing vacancy rate0.8%
Rent burden 30% or higher99.7%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Forestdale

What is the Best Neighborhoods USA ranking for Forestdale?

Forestdale is ranked #33 of 185 eligible neighborhoods in Winston-Salem; #88 of 535 eligible neighborhoods in NC; and #2,264 of 14,967 eligible neighborhoods in the United States.

Is Forestdale one of the best neighborhoods in Winston-Salem?

Forestdale has a Best Neighborhoods USA Index of 65.9 and a city ranking of #33 of 185 eligible neighborhoods in Winston-Salem.

How much are homes worth in Forestdale?

The current Zillow Home Value Index for Forestdale is approximately $383,706.

Are home values rising or falling in Forestdale?

Zillow neighborhood values changed -1.3% year over year and -0.02% month over month.

What is the Neighborhood Momentum Score for Forestdale?

Forestdale has a Neighborhood Momentum Score of 34.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Forestdale?

The NDS-derived neighborhood median household income is approximately $137,174.

How affordable is Forestdale relative to household income?

The current Zillow home-value-to-household-income ratio is 2.80. Price-to-income affordability is a major Value Opportunity input.

Is Forestdale primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 95.7%.

What is the unemployment rate in Forestdale?

The NDS-derived civilian unemployment rate is approximately 6.1%.

How educated are residents of Forestdale?

Approximately 76.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Forestdale face high rent burden?

Approximately 99.7% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Forestdale?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications7
Estimated originations5
Home-purchase applications3
Origination rate70.1%
Home-purchase share37.9%
Average application loan$241,773
Total application loan amount$1,642,020
National application rank#13,273 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 11.8% YoY; originations 23.2% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.