Neighborhood Profile

Northwoods Estate

Winston-Salem, NC | Forsyth County
Scored premium profile
Best Neighborhoods USA Index
33.1
National rank: #12,834 of 14,967
Stability and Strength
22.1
Score
Value Opportunity
38.6
Score
Momentum
43.0
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationWinston-Salem, NC
CountyForsyth County
National rank#12,834 of 14,967
State rank#461 of 535
City rank#153 of 185
County rank#157 of 189
National percentile14.3
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$186,158
Year-over-year home value change0.2%
Month-over-month home value change-0.10%
Home value to income ratio3.58
Median household income$51,997
Bachelor's degree or higher9.6%
Civilian unemployment rate11.7%
Homeownership rate85.5%
Housing vacancy rate32.5%
Rent burden 30% or higher100.0%

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 Northwoods Estate

What is the Best Neighborhoods USA ranking for Northwoods Estate?

Northwoods Estate is ranked #153 of 185 eligible neighborhoods in Winston-Salem; #461 of 535 eligible neighborhoods in NC; and #12,834 of 14,967 eligible neighborhoods in the United States.

Is Northwoods Estate one of the best neighborhoods in Winston-Salem?

Northwoods Estate has a Best Neighborhoods USA Index of 33.1 and a city ranking of #153 of 185 eligible neighborhoods in Winston-Salem.

How much are homes worth in Northwoods Estate?

The current Zillow Home Value Index for Northwoods Estate is approximately $186,158.

Are home values rising or falling in Northwoods Estate?

Zillow neighborhood values changed 0.2% year over year and -0.10% month over month.

What is the Neighborhood Momentum Score for Northwoods Estate?

Northwoods Estate has a Neighborhood Momentum Score of 43.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Northwoods Estate?

The NDS-derived neighborhood median household income is approximately $51,997.

How affordable is Northwoods Estate relative to household income?

The current Zillow home-value-to-household-income ratio is 3.58. Price-to-income affordability is a major Value Opportunity input.

Is Northwoods Estate primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 85.5%.

What is the unemployment rate in Northwoods Estate?

The NDS-derived civilian unemployment rate is approximately 11.7%.

How educated are residents of Northwoods Estate?

Approximately 9.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Northwoods Estate face high rent burden?

Approximately 100.0% 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 Northwoods Estate?

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 applications25
Estimated originations11
Home-purchase applications10
Origination rate43.0%
Home-purchase share40.3%
Average application loan$138,348
Total application loan amount$3,520,236
National application rank#9,866 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 44.4% YoY; originations 43.9% 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.