Median Home Price
$416,474.97
Median Rent
$1,737.3/mo
Price-to-Rent Ratio
20.0
Property Tax RateTIE
0.84%
Price Change (1Y)
-0.9%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
−$242,394
Median Home PriceBETTER
$277,642.65
Median RentBETTER
$1,544.89/mo
Price-to-Rent RatioBETTER
15.0
Property Tax RateTIE
0.84%
Price Change (1Y)BETTER
+0.8%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
−$127,059
Key Differences
Home Prices
Charlotte's median home price of $416,474.97 is higher than Winston-Salem's $277,642.65 by 50%.
Monthly Rent
Renting in Charlotte costs $1,737.3/mo compared to $1,544.89/mo in Winston-Salem—a difference of $192.41/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.