Home Insurance in Winston-Salem, North Carolina
With a median home value of $233,800, Winston-Salem is 7% lower than the Forsyth County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Winston-Salem was built around 1981. About 24% of homes were built before 1960, about 5 points above Forsyth County's 20%.
The housing stock in Winston-Salem is 66% single-family homes, 26% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
63% of owner-occupied homes in Winston-Salem carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Winston-Salem has an owner-occupancy rate of 56% and a vacancy rate of 11%; unoccupied homes typically need a different coverage form.
In Winston-Salem, 61% of homes are primarily heated with electricity.
Forsyth County's top FEMA-rated hazard is inland flooding (Relatively High), per FEMA's National Risk Index. Forsyth County had 581 active NFIP flood policies as of September 2026. See the full Forsyth County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners policy.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in North Carolina carries a statewide average premium of $1,852 per year.
Key figures
| Median home value | $233,800 |
|---|---|
| Median year built | 1981 |
| Owner-occupied share | 56% |
| Share of owner-occupied homes with a mortgage | 63% |
| Top county hazard | Inland Flooding (Relatively High) |
| Active NFIP policies in Forsyth County | 581 |
| Home insurance premium | $1,852 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)