Looking for affordable housing options in North Carolina? According to the Zillow Home Value Index, which serves as the source of our data, North Carolina offers several neighborhoods with home values significantly below the state average. You’ll be fascinated to discover that Winston-Salem and Fayetteville dominate the list of most affordable neighborhoods, accounting for 22 of the top 25 spots.
Did you know that the average home value in these 25 most affordable neighborhoods is just $122,791.92 as of February 2025? What’s particularly striking is the growth rate – these neighborhoods have seen an average appreciation of 110.63% since 2010, with Windsor Terrace in Fayetteville leading the pack with an astonishing 253.23% increase over the 15-year period.
You might be surprised to learn that despite being the most affordable, these neighborhoods have experienced remarkable growth since the pandemic, with average home values doubling (100.90% increase) between February 2020 and February 2025. This presents an interesting opportunity for investors and first-time homebuyers looking to enter the market at a lower price point while still having potential for appreciation.
25. Scottsdale (Fayetteville)
- 2025 Home Value: $146,921.01
- 2020 Home Value: $78,674.44
- 2015 Home Value: $70,633.94
- 2010 Home Value: $75,298.50
- % Change 2010-2025: 95.12%
- % Change 2015-2025: 108.00%
- % Change 2020-2025: 86.75%
Topping our list, Scottsdale in Fayetteville provides you with homes averaging $146,921 in 2025. The neighborhood shows a somewhat different pattern than many others in our top 25 – values declined only slightly from $75,299 in 2010 to $70,634 in 2015, before beginning a steady climb that accelerated after 2020, with an 86.75% increase in just five years. The overall growth of 95.12% since 2010 is solid and indicates consistent demand in this affordable Fayetteville neighborhood. As the most “expensive” of our affordable neighborhoods, Scottsdale represents the upper threshold of entry-level home values in North Carolina’s current market.
24. South Park (Winston-Salem)
- 2025 Home Value: $145,775.65
- 2020 Home Value: $72,671.44
- 2015 Home Value: $45,944.97
- 2010 Home Value: $64,133.17
- % Change 2010-2025: 127.30%
- % Change 2015-2025: 217.28%
- % Change 2020-2025: 100.60%
South Park neighborhood in Winston-Salem offers you homes with an average value of $145,776 in 2025. You’ll find this area has experienced substantial growth of 127.30% since 2010, despite following the typical Winston-Salem pattern of declining values between 2010 and 2015. What’s particularly impressive is the recovery – home values have more than tripled since their 2015 low point, with a 217.28% increase over the decade. The post-pandemic period has been especially strong, with values doubling (100.60% increase) in just five years.
23. Glenwood (Greensboro)
- 2025 Home Value: $145,722.90
- 2020 Home Value: $82,897.43
- 2015 Home Value: $52,471.17
- 2010 Home Value: $61,465.83
- % Change 2010-2025: 137.08%
- % Change 2015-2025: 177.72%
- % Change 2020-2025: 75.79%
The historic Glenwood neighborhood in Greensboro stands as the only Guilford County community to make our top 25 list. With homes averaging $145,723 in 2025, you’ll benefit from strong appreciation of 137.08% since 2010. The area followed the familiar Triad pattern – values dropped from $61,466 in 2010 to $52,471 in 2015, before beginning a robust recovery that resulted in a 177.72% increase over the next decade. With post-pandemic growth of 75.79%, Glenwood offers you the opportunity to purchase in the Greensboro market at a relatively affordable price point while still experiencing solid appreciation potential.
22. Mineral Springs (Winston-Salem)
- 2025 Home Value: $145,188.05
- 2020 Home Value: $82,094.72
- 2015 Home Value: $55,984.45
- 2010 Home Value: $71,212.08
- % Change 2010-2025: 103.88%
- % Change 2015-2025: 159.34%
- % Change 2020-2025: 76.85%
Mineral Springs in Winston-Salem provides you with homes at an average value of $145,188 in 2025. The neighborhood demonstrates a now-familiar Winston-Salem pattern – values declined from $71,212 in 2010 to $55,984 in 2015, before beginning a strong recovery that has doubled prices over the full 15-year period, with a 103.88% increase. While its post-pandemic growth of 76.85% is more modest than some other neighborhoods on this list, the long-term trajectory remains impressive, particularly the 159.34% growth since the 2015 low point.
21. Hollywood Heights (Fayetteville)
- 2025 Home Value: $143,267.22
- 2020 Home Value: $68,826.78
- 2015 Home Value: $59,569.89
- 2010 Home Value: $53,300.46
- % Change 2010-2025: 168.79%
- % Change 2015-2025: 140.50%
- % Change 2020-2025: 108.16%
Hollywood Heights in Cumberland County’s Fayetteville area offers you homes with an average value of $143,267 in 2025. This neighborhood distinguishes itself with strong and consistent growth across all time periods – values have increased steadily from $53,300 in 2010, showing a remarkable 168.79% gain over the 15-year span. Unlike many neighborhoods on our list, Hollywood Heights did not experience a significant dip after 2010, instead showing modest growth between 2010 and 2015 before accelerating. The robust post-pandemic increase of 108.16% suggests this affordable area continues to attract strong buyer interest.
20. Holly Springs (Fayetteville)
- 2025 Home Value: $140,922.86
- 2020 Home Value: $66,862.76
- 2015 Home Value: $57,002.47
- 2010 Home Value: $62,395.41
- % Change 2010-2025: 125.85%
- % Change 2015-2025: 147.22%
- % Change 2020-2025: 110.76%
The Holly Springs neighborhood in Fayetteville (not to be confused with the Wake County town of the same name) provides you with homes averaging $140,923 in 2025. You’ll find this area has experienced solid growth of 125.85% since 2010, with a slight dip between 2010 and 2015 before beginning a steady climb. The post-pandemic period has been particularly strong, with values more than doubling (110.76% increase) since 2020.
19. Ridgeview (Hickory)
- 2025 Home Value: $140,836.63
- 2020 Home Value: $62,605.85
- 2015 Home Value: $46,976.51
- 2010 Home Value: $50,902.58
- % Change 2010-2025: 176.68%
- % Change 2015-2025: 199.80%
- % Change 2020-2025: 124.96%
As you explore the western part of North Carolina, Ridgeview in Hickory (Catawba County) stands as the only Piedmont neighborhood outside the Triad to make our top 25 list. With homes averaging $140,837 in 2025, the area has seen remarkable growth of 176.68% since 2010. What makes this neighborhood’s trajectory impressive is its consistent upward trend – after a modest decline between 2010 and 2015, values have skyrocketed nearly 200% in the past decade. The strong post-pandemic growth of 124.96% suggests Ridgeview is experiencing significant demand while maintaining affordability compared to nearby Charlotte metro neighborhoods.
18. Gallup Acres (Fayetteville)
- 2025 Home Value: $135,937.90
- 2020 Home Value: $61,819.54
- 2015 Home Value: $57,678.08
- 2010 Home Value: $67,762.79
- % Change 2010-2025: 100.61%
- % Change 2015-2025: 135.68%
- % Change 2020-2025: 119.89%
Gallup Acres in Fayetteville gives you access to homes with an average value of $135,938 in 2025. The growth story here is fascinating – values initially declined from $67,763 in 2010 to $57,678 in 2015, before beginning a recovery that accelerated dramatically after 2020, with a 119.89% jump in just five years. Your investment would have precisely doubled since 2010, with a 100.61% increase.
17. Kornbow (Fayetteville)
- 2025 Home Value: $133,262.82
- 2020 Home Value: $68,857.62
- 2015 Home Value: $67,017.64
- 2010 Home Value: $74,278.38
- % Change 2010-2025: 79.41%
- % Change 2015-2025: 98.85%
- % Change 2020-2025: 93.53%
Nestled in Fayetteville’s diverse housing market, the Kornbow neighborhood offers you homes with an average value of $133,263 in 2025. This area shows a somewhat different pattern than many others on our list – values declined gradually from $74,278 in 2010 to $67,018 in 2015, remained relatively stable until 2020, and then surged by 93.53% in the past five years. The overall growth of 79.41% since 2010 is solid if not spectacular, but the recent acceleration suggests increasing demand in this affordable Fayetteville neighborhood, possibly driven by its price point and proximity to Fort Liberty’s military community.
16. Hillsdale (Greenville)
- 2025 Home Value: $132,758.69
- 2020 Home Value: $71,256.57
- 2015 Home Value: $51,547.06
- 2010 Home Value: $68,142.61
- % Change 2010-2025: 94.82%
- % Change 2015-2025: 157.55%
- % Change 2020-2025: 86.31%
The Hillsdale neighborhood in Greenville, Pitt County stands out as the only eastern North Carolina community outside the Fayetteville and Winston-Salem metros to make our top 25 list. With homes averaging $132,759 in 2025, you’re looking at nearly 95% appreciation since 2010. The area followed a familiar pattern – values dropped from $68,143 in 2010 to $51,547 in 2015, before beginning a recovery that accelerated after 2020, with an 86.31% jump in just five years.
15. Eccles Park (Fayetteville)
- 2025 Home Value: $132,218.23
- 2020 Home Value: $58,638.04
- 2015 Home Value: $46,798.32
- 2010 Home Value: $44,407.63
- % Change 2010-2025: 197.74%
- % Change 2015-2025: 182.53%
- % Change 2020-2025: 125.48%
Eccles Park, located in Fayetteville’s Cumberland County area, offers you homes at an average value of $132,218 in 2025. The neighborhood boasts one of the highest growth rates on our list, with a remarkable 197.74% increase since 2010. Your investment would have seen steady gains, with just a small increase between 2010 and 2015 (from $44,408 to $46,798) before accelerating dramatically after 2020, with a 125.48% jump in just five years.
14. Flat Rock (Winston-Salem)
- 2025 Home Value: $128,085.82
- 2020 Home Value: $70,510.25
- 2015 Home Value: $51,231.74
- 2010 Home Value: $68,962.90
- % Change 2010-2025: 85.73%
- % Change 2015-2025: 150.01%
- % Change 2020-2025: 81.66%
Situated in Winston-Salem’s diverse community landscape, Flat Rock provides you with homes averaging $128,086 in 2025. Your investment here would have grown by 85.73% since 2010, following a path common to several Winston-Salem neighborhoods – values dipped from $68,963 in 2010 to $51,232 in 2015, before beginning a recovery that accelerated after 2020, with an 81.66% increase in just five years. The 150.01% growth since the 2015 low point demonstrates strong momentum in this market while still maintaining a price point well below North Carolina averages, making it an attractive option for value-conscious buyers.
13. Weston (Winston-Salem)
- 2025 Home Value: $124,827.33
- 2020 Home Value: $70,811.69
- 2015 Home Value: $44,345.71
- 2010 Home Value: $70,300.07
- % Change 2010-2025: 77.56%
- % Change 2015-2025: 181.49%
- % Change 2020-2025: 76.28%
The Weston neighborhood of Winston-Salem offers you homes at an average value of $124,827 in 2025. You’ll notice an interesting pattern in this area’s growth history – values remained relatively stable between 2010 and 2020 (from $70,300 to $70,812) with a significant dip to $44,346 in 2015, before surging 76.28% in the past five years. This creates a deceptively modest 15-year growth rate of 77.56%, which masks the dramatic 181.49% recovery since the 2015 low point. The recent acceleration suggests Weston is experiencing renewed demand while still maintaining relative affordability compared to other parts of Winston-Salem.
12. Glenbrook (Fayetteville)
- 2025 Home Value: $120,858.80
- 2020 Home Value: $58,867.52
- 2015 Home Value: $49,253.44
- 2010 Home Value: $60,376.11
- % Change 2010-2025: 100.18%
- % Change 2015-2025: 145.38%
- % Change 2020-2025: 105.31%
Situated in Cumberland County’s Fayetteville area, Glenbrook provides you with homes at an average value of $120,859 in 2025. What’s remarkable about this neighborhood is how precisely it has doubled in value over 15 years, with a 100.18% increase since 2010. Your investment would have experienced a dip between 2010 and 2015, when values fell to $49,253, before beginning a recovery that accelerated after 2020, with values more than doubling (105.31% increase) in the past five years.
11. Morningside Manor (Winston-Salem)
- 2025 Home Value: $120,558.68
- 2020 Home Value: $53,401.66
- 2015 Home Value: $39,020.74
- 2010 Home Value: $56,490.64
- % Change 2010-2025: 113.41%
- % Change 2015-2025: 208.96%
- % Change 2020-2025: 125.76%
Positioned in Winston-Salem’s diverse housing landscape, Morningside Manor offers you homes averaging $120,559 in 2025. This neighborhood exemplifies the remarkable recovery and growth trend seen in many Winston-Salem areas – after declining from $56,491 in 2010 to $39,021 in 2015, values have surged by a dramatic 208.96% over the next decade. The post-pandemic period has been particularly strong, with a 125.76% increase since 2020. Your investment would have more than doubled over the full 15-year period, with a 113.41% gain, making Morningside Manor an area that combines relative affordability with strong appreciation potential.
10. Seabrook Hills (Fayetteville)
- 2025 Home Value: $115,352.16
- 2020 Home Value: $50,997.16
- 2015 Home Value: $41,713.24
- 2010 Home Value: $59,846.06
- % Change 2010-2025: 92.75%
- % Change 2015-2025: 176.54%
- % Change 2020-2025: 126.19%
Nestled in Cumberland County near Fayetteville, Seabrook Hills provides you with affordable housing options averaging $115,352 in 2025. The neighborhood’s value evolution tells an interesting story – prices fell from $59,846 in 2010 to $41,713 in 2015, before beginning a recovery that accelerated dramatically after 2020, with a remarkable 126.19% increase in just five years. Your investment would have nearly doubled over the full 15-year period, with a 92.75% gain.
9. East Winston (Winston-Salem)
- 2025 Home Value: $114,554.38
- 2020 Home Value: $65,491.94
- 2015 Home Value: $46,090.54
- 2010 Home Value: $78,633.24
- % Change 2010-2025: 45.68%
- % Change 2015-2025: 148.54%
- % Change 2020-2025: 74.91%
East Winston, a historically significant area of Winston-Salem, offers you homes at an average value of $114,554 in 2025. You’ll find this neighborhood has the lowest 15-year growth rate on our list at 45.68%, largely due to a substantial drop in values from $78,633 in 2010 to $46,091 in 2015. However, the recovery since that low point has been impressive, with a 148.54% increase over the past decade and a solid 74.91% growth since 2020.
8. Greenway (Winston-Salem)
- 2025 Home Value: $112,381.72
- 2020 Home Value: $58,170.26
- 2015 Home Value: $35,577.81
- 2010 Home Value: $52,652.18
- % Change 2010-2025: 113.44%
- % Change 2015-2025: 215.88%
- % Change 2020-2025: 93.19%
Situated in Winston-Salem’s network of neighborhoods, Greenway presents you with homes averaging $112,382 in 2025. The growth story here is compelling – after dropping from $52,652 in 2010 to $35,578 in 2015, values have surged by a remarkable 215.88% over the next decade. Your investment would have more than doubled since 2010, with a 113.44% increase, and nearly doubled again since 2020, with a 93.19% jump in just five years. This impressive recovery and growth trajectory suggests Greenway is experiencing significant revitalization and increasing demand, despite remaining one of the most affordable options in North Carolina.
7. City View (Winston-Salem)
- 2025 Home Value: $108,384.00
- 2020 Home Value: $71,565.24
- 2015 Home Value: $40,743.24
- 2010 Home Value: $65,888.45
- % Change 2010-2025: 64.50%
- % Change 2015-2025: 166.02%
- % Change 2020-2025: 51.45%
Perched in Winston-Salem’s urban core, City View offers you homes at a reasonable average of $108,384 in 2025. This neighborhood demonstrates a pattern seen in several Winston-Salem areas – values declined significantly from $65,888 in 2010 to a low of $40,743 in 2015, before beginning a steady recovery. Your investment would have grown by 64.50% over the full 15-year period, but an impressive 166.02% if measured from the 2015 low point. The post-pandemic growth of 51.45% is solid though not as dramatic as some other neighborhoods on this list, suggesting City View had already begun its recovery before the pandemic housing boom.
6. Savoy Heights (Fayetteville)
- 2025 Home Value: $104,998.97
- 2020 Home Value: $43,298.61
- 2015 Home Value: $36,791.00
- 2010 Home Value: $41,576.56
- % Change 2010-2025: 152.54%
- % Change 2015-2025: 185.39%
- % Change 2020-2025: 142.50%
Tucked away in Cumberland County, Savoy Heights in Fayetteville gives you access to homes averaging just under $105,000 in 2025. You’ll be impressed by the substantial growth trajectory, with values having increased by 152.54% since 2010 and an even more dramatic 142.50% just since 2020. The neighborhood experienced a dip between 2010 and 2015, dropping from $41,577 to $36,791, before beginning a recovery that accelerated dramatically post-pandemic. This strong recent performance suggests increasing demand in this affordable pocket of Fayetteville, potentially driven by military families associated with nearby Fort Liberty.
5. Ogburn Station (Winston-Salem)
- 2025 Home Value: $104,686.26
- 2020 Home Value: $62,464.16
- 2015 Home Value: $36,548.63
- 2010 Home Value: $60,562.53
- % Change 2010-2025: 72.86%
- % Change 2015-2025: 186.43%
- % Change 2020-2025: 67.59%
Situated in the northern section of Winston-Salem, Ogburn Station presents you with affordable housing options at an average of $104,686 in 2025. The neighborhood’s growth story reveals an interesting pattern – home values slightly increased from 2010 to 2025, with a 72.86% growth rate over the 15-year span. What’s notable is the significant drop between 2010 and 2015, when values fell to $36,549, followed by a steady recovery. While its post-pandemic growth of 67.59% is more modest than some neighbors on this list, the long-term trajectory remains positive, particularly when considering the 186.43% growth since the 2015 low point.
4. Waughtown (Winston-Salem)
- 2025 Home Value: $102,185.48
- 2020 Home Value: $49,363.34
- 2015 Home Value: $32,064.11
- 2010 Home Value: $59,493.02
- % Change 2010-2025: 71.76%
- % Change 2015-2025: 218.69%
- % Change 2020-2025: 107.01%
Waughtown, a historic neighborhood in southeastern Winston-Salem, offers you access to affordable housing with the average home valued at just over $102,000 in 2025. Your investment would have more than tripled since 2015, with a remarkable 218.69% increase over that decade. The neighborhood experienced a significant drop in values between 2010 and 2015, reaching a low of $32,064 before beginning a recovery that accelerated dramatically after 2020, with values more than doubling (107.01% increase) in just five years.
3. Easton (Winston-Salem)
- 2025 Home Value: $101,209.27
- 2020 Home Value: $50,472.33
- 2015 Home Value: $38,983.93
- 2010 Home Value: $66,814.22
- % Change 2010-2025: 51.48%
- % Change 2015-2025: 159.62%
- % Change 2020-2025: 100.52%
Settled in the eastern part of Winston-Salem in Forsyth County, Easton represents the third most affordable neighborhood in North Carolina. You’ll appreciate that this area has seen home values double since 2020, reaching $101,209 in 2025. Like Belview, Easton experienced a significant dip in values between 2010 and 2015, falling from $66,814 to $38,984, before beginning a steady climb that accelerated dramatically after 2020. Despite this volatility, the neighborhood has achieved a respectable 51.48% growth over the full 15-year period, with particularly strong performance in the past decade.
2. Belview (Winston-Salem)
- 2025 Home Value: $89,934.12
- 2020 Home Value: $46,295.11
- 2015 Home Value: $32,911.88
- 2010 Home Value: $55,053.08
- % Change 2010-2025: 63.36%
- % Change 2015-2025: 173.26%
- % Change 2020-2025: 94.26%
Nestled in Forsyth County as part of Winston-Salem, Belview offers you exceptional value with homes averaging just under $90,000. What makes this neighborhood’s history fascinating is its unique value trajectory – prices actually fell from $55,053 in 2010 to $32,912 in 2015, followed by a steady recovery and then explosive growth of nearly 95% since 2020. The long-term growth figure of 63.36% masks this volatile history, but the 173.26% increase since the 2015 low point demonstrates Belview’s strong comeback and current momentum in the housing market.
1. Windsor Terrace (Fayetteville)
- 2025 Home Value: $78,969.03
- 2020 Home Value: $29,589.16
- 2015 Home Value: $31,899.74
- 2010 Home Value: $22,356.19
- % Change 2010-2025: 253.23%
- % Change 2015-2025: 147.55%
- % Change 2020-2025: 166.89%
Located in Cumberland County within the Fayetteville metro area, Windsor Terrace stands out as the most affordable neighborhood in North Carolina. You’ll find this community has experienced extraordinary growth, with home values more than tripling since 2010, rising from $22,356 to $78,969. Interestingly, values actually dipped slightly between 2015 and 2020 before surging dramatically by 166.89% in the past five years, suggesting a remarkable post-pandemic recovery and growth trajectory that outpaces most areas in the state.
