Median Home PriceBETTER
$270,246.68
Median RentBETTER
$1,423.75/mo
Price-to-Rent Ratio
15.8
Property Tax RateTIE
0.84%
Price Change (1Y)
+0.2%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
−$152,475
Median Home Price
$277,642.65
Median Rent
$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
Greensboro's median home price of $270,246.68 is lower than Winston-Salem's $277,642.65 by 3%.
Monthly Rent
Renting in Greensboro costs $1,423.75/mo compared to $1,544.89/mo in Winston-Salem—a difference of $121.14/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.