Advance, NC housing market
The typical Advance home is worth about $412,000, up 2.3% in a year, 23% above the North Carolina typical home. Homes typically sell in 257 days, below asking.
Home values, sales, trends and how Advance compares with the towns next door — updated as new data is published.
Advance at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | Advance | North Carolina |
|---|---|---|
| 2017 | $244,000 | $179,000 |
| 2018 | $253,000 | $190,000 |
| 2019 | $262,000 | $203,000 |
| 2020 | $274,000 | $215,000 |
| 2021 | $303,000 | $242,000 |
| 2022 | $341,000 | $287,000 |
| 2023 | $374,000 | $320,000 |
| 2024 | $387,000 | $332,000 |
| 2025 | $402,000 | $338,000 |
| 2026 | $409,000 | $336,000 |
| August 2026 | $412,000 | $335,000 |
3.6 years of income
The typical Advance home costs about 3.6 years of the town's median household income, less than across North Carolina (4.6 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,190
HUD's Fair Market Rent for a two-bedroom in Advance is $1,190 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Advance pay a median of $819, so moving in tends to cost more than staying put. A two-bedroom takes about 12% of the town's median household income.
Studio $960 · 4 bedrooms $1,830
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (27006; Winston-Salem, NC HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.