May 2025 Real Estate Market Update: Piedmont Triad, NC

Written By Deborah Lavoie-Overbey

The Piedmont Triad—comprising Greensboro, Winston-Salem, and High Point—is experiencing a dynamic real estate landscape this May. A blend of increased inventory, robust buyer interest, and regional growth is shaping a balanced market, offering opportunities for both buyers and sellers.

Market Snapshot

  • Inventory Growth: There's a noticeable uptick in housing inventory, particularly in neighborhoods like Ardmore in Winston-Salem, Lindley Park in Greensboro, and emerging developments around High Point. This expansion provides buyers with a broader selection and reduces the urgency to make hasty decisions.

  • Regional Demand: The Triad has emerged as North Carolina's most active housing market in Q1 2025, with 21 of the state's top 50 ZIP codes located here. This surge is fueled by consistent population growth and the region's relative affordability compared to larger metros.

  • Price Trends: Home prices continue to rise steadily. In Greensboro, the median sale price reached $277,000 in February 2025, marking a 4.5% year-over-year increase. Winston-Salem saw a 9.2% annual price increase, with median list prices around $279,000.

Neighborhood Highlights

  • Oak Ridge: Experiencing a housing boom, Oak Ridge has seen home sales jump nearly 12% over the past year, driven by job growth at PTI Airport.

  • Greensboro: The market remains competitive, with homes selling after an average of 59 days on the market, indicating strong buyer interest.

  • Winston-Salem: Homes are moving quickly, especially in sought-after areas, with some properties going pending in approximately 15 days.

Buyer & Seller Insights

  • For Buyers: The increase in inventory offers more choices, but competition remains in desirable neighborhoods. Securing financing and being prepared to act swiftly can be advantageous.

  • For Sellers: While the market is balanced, well-maintained and accurately priced homes are attracting enthusiastic offers. Staging and marketing remain crucial to stand out.

Looking Ahead

The Piedmont Triad's real estate market is poised for continued growth, supported by steady population influx and economic development. However, with mortgage rates hovering around 6.7%, affordability remains a concern for some buyers. Both buyers and sellers should stay informed and adaptable to navigate the evolving market dynamics.

For personalized advice or more detailed information on specific neighborhoods, feel free to reach out. Let's navigate the Triad's real estate landscape together!

Deborah Lavoie-Overbey