3-digit ZIP regional index
Home appreciation in ZIP codes 271xxWinston-Salem, NC area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 271 changed +2.9% over the year to Q2 2026, compared with +2.4% for North Carolina and +3.0% for the United States.
The region covers ZIP codes 27101–27127. Most of its 2010 population lived in Forsyth County (93%), Davidson County (7%). Communities in the region include Midway, Clemmons, Wallburg, Walkertown, Bethania. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +2.9%
- 5-year change
- +55.7%
- Since Q1 1995
- +233%
- National rank (1 year)
- 561st
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 271 vs North Carolina and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 271: 332.8
- North Carolina: 376.3
- Winston-Salem, NC metro: 320.7
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 271 | NC | U.S. | Gap vs NC | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +2.9% | +2.4% | +3.0% | +0.5 pts | −0.1 pts |
| 3 years | +13.7% | +12.3% | +12.9% | +1.3 pts | +0.8 pts |
| 5 years | +55.7% | +51.4% | +41.3% | +4.3 pts | +14.4 pts |
| 10 years | +112% | +113% | +93.3% | −0.8 pts | +19.1 pts |
| Since Q1 1995 | +233% | +276% | +292% | −43.5 pts | −58.7 pts |
If you bought in ZIP3 271 in…
Applying the regional index change from the same quarter of each year to Q2 2026 to an example $300,000 purchase price. Individual homes can differ widely from the regional average.
| Bought in | Index change | $300,000 then, at the regional rate |
|---|---|---|
| Q2 1995 | +226% | $978,366 |
| Q2 2000 | +169% | $806,950 |
| Q2 2005 | +125% | $673,856 |
| Q2 2010 | +123% | $667,728 |
| Q2 2015 | +119% | $658,090 |
| Q2 2020 | +75.3% | $525,980 |
| Q2 2021 | +55.7% | $467,188 |
| Q2 2023 | +13.7% | $341,001 |
| Q2 2025 | +2.9% | $308,805 |
How ZIP3 271 ranks
Over the past year ZIP3 271 ranks 561st of 882 3-digit ZIP regions nationally and 7th of 20 in North Carolina. Its one-year change is −0.1 pts versus the nation and +0.5 pts versus North Carolina. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in North Carolina |
|---|---|---|
| 1 year | 561st of 882 | 7th of 20 |
| 3 years | 550th of 882 | 12th of 20 |
| 5 years | 108th of 882 | 6th of 20 |
| 10 years | 156th of 882 | 10th of 20 |
| Since Q1 1995 | 617th of 879 | 15th of 20 |
Boom, bust, and recovery in ZIP3 271
ZIP3 271's index peaked in Q1 2008, fell 10.4% to its low in Q4 2014, and regained its peak in Q2 2017, about 9.2 years after the top. Today it sits +109% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| ZIP3 271 | Q1 2008 | Q4 2014 | -10.4% | Q2 2017 (9.2 yrs) | +109% |
| NC | Q1 2008 | Q2 2012 | -13.1% | Q4 2016 (8.8 yrs) | +109% |
| Metro | Q1 2008 | Q1 2014 | -10.6% | Q2 2017 (9.2 yrs) | +102% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 271's index has changed +50.3% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 271 after inflation | NC after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | -0.9% | -1.4% | -0.6% | -0.8% |
| 3 years | +9.8% | +3.5% | +2.3% | +3.6% | +2.8% |
| 5 years | +24.0% | +25.6% | +22.1% | +24.9% | +13.9% |
| 10 years | +39.1% | +52.8% | +53.4% | +51.0% | +39.0% |
| Since Q1 1995 | +121% | +50.3% | +70.0% | +44.8% | +76.8% |
Estimate appreciation for a home in ZIP3 271
Regional estimate
$637,421
- Estimated gain
- $337,421
- Index change
- +112%
- Start index
- 156.65
- End index
- 332.84
ZIP3 271 (Winston-Salem, NC area), Q2 2016 to Q2 2026. Index type: Native 3-Digit ZIP index.
Nearby 3-digit ZIP regions
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 |
|---|---|---|---|---|
| 270 · Clemmons, NC area | NC | +4.4% | +54.6% | +218% |
| 274 · Greensboro, NC area | NC | +1.6% | +51.0% | +209% |
| 272 · High Point, NC area | NC | +4.8% | +56.5% | +215% |
| 273 · Sanford, NC area | NC | +6.4% | +58.5% | +241% |
| 286 · Hickory, NC area | NC | +2.5% | +55.7% | +263% |
| 281 · Salisbury, NC area | NC | +0.8% | +52.8% | +286% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 332.84 |
| Q1 2026 | 323.05 |
| Q4 2025 | 328.69 |
| Q3 2025 | 319.21 |
| Q2 2025 | 323.35 |
| Q1 2025 | 314.91 |
| Q4 2024 | 313.34 |
| Q3 2024 | 310.72 |
| Q2 2024 | 304.96 |
| Q1 2024 | 299.65 |
| Q4 2023 | 291.91 |
| Q3 2023 | 293.21 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 271?
- Based on FHFA HPI® data for 3-digit ZIP region 271, the regional index changed +2.9% over the year to Q2 2026, +55.7% over five years, +112% over ten years, and +233% since Q1 1995.
- Is ZIP3 271 appreciating faster than North Carolina and the U.S.?
- Over the past year the region's index +2.9% compares with +2.4% for North Carolina and +3.0% for the U.S., a gap of −0.1 pts versus the nation. Over five years the gap versus the nation is +14.4 pts.
- Which ZIP codes are in 3-digit ZIP region 271?
- All ZIP codes that begin with 271. Census 2010 ZIP Code Tabulation Areas in this region run from 27101 to 27127 (9 areas). FHFA publishes one index for the whole 3-digit region, not for each 5-digit ZIP code.
- Can I use this to value my home?
- No. The FHFA HPI® is a broad regional index of average price movement. It is not an appraisal, tax assessment, or automated valuation of any individual property. Use it as general context alongside local sales and a professional opinion.