Neighborhood Profile

Old Sherwood Forest

Winston-Salem, NC | Forsyth County
Scored premium profile
Best Neighborhoods USA Index
73.2
National rank: #845 of 14,967
Stability and Strength
86.8
Score
Value Opportunity
75.5
Score
Momentum
48.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationWinston-Salem, NC
CountyForsyth County
National rank#845 of 14,967
State rank#39 of 535
City rank#17 of 185
County rank#17 of 189
National percentile94.4
National bandTOP_10_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$539,105
Year-over-year home value change1.7%
Month-over-month home value change-0.32%
Home value to income ratio4.24
Median household income$127,225
Bachelor's degree or higher78.0%
Civilian unemployment rate1.0%
Homeownership rate98.4%
Housing vacancy rate7.2%
Rent burden 30% or higher13.1%

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 Old Sherwood Forest

What is the Best Neighborhoods USA ranking for Old Sherwood Forest?

Old Sherwood Forest is ranked #17 of 185 eligible neighborhoods in Winston-Salem; #39 of 535 eligible neighborhoods in NC; and #845 of 14,967 eligible neighborhoods in the United States.

Is Old Sherwood Forest one of the best neighborhoods in Winston-Salem?

Old Sherwood Forest has a Best Neighborhoods USA Index of 73.2 and a city ranking of #17 of 185 eligible neighborhoods in Winston-Salem.

How much are homes worth in Old Sherwood Forest?

The current Zillow Home Value Index for Old Sherwood Forest is approximately $539,105.

Are home values rising or falling in Old Sherwood Forest?

Zillow neighborhood values changed 1.7% year over year and -0.32% month over month.

What is the Neighborhood Momentum Score for Old Sherwood Forest?

Old Sherwood Forest has a Neighborhood Momentum Score of 48.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Old Sherwood Forest?

The NDS-derived neighborhood median household income is approximately $127,225.

How affordable is Old Sherwood Forest relative to household income?

The current Zillow home-value-to-household-income ratio is 4.24. Price-to-income affordability is a major Value Opportunity input.

Is Old Sherwood Forest primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 98.4%.

What is the unemployment rate in Old Sherwood Forest?

The NDS-derived civilian unemployment rate is approximately 1.0%.

How educated are residents of Old Sherwood Forest?

Approximately 78.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Old Sherwood Forest face high rent burden?

Approximately 13.1% 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 Old Sherwood Forest?

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 applications60
Estimated originations43
Home-purchase applications22
Origination rate71.1%
Home-purchase share37.0%
Average application loan$232,358
Total application loan amount$14,010,329
National application rank#6,476 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 6.3% YoY; originations 21.6% 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.