Ardmore

Winston-Salem, NC

Neighborhood Market Analysis

Q3 2025 Report
$279,000 (Winston-Salem overall, May 2025)
Median Home Price
68–74 (Very walkable for Winston-Salem; most errands can be accomplished on foot)
Walkability Score
Public schools in Ardmore are rated average to above average; Moore Magnet and Wiley Magnet are particularly sought after.
School Rating

Location Overview

Neighborhood Boundaries

Generally bounded by Silas Creek Parkway to the west, Cloverdale Avenue to the north, South Hawthorne Road to the east, and Queen Street to the south. Ardmore is adjacent to both Wake Forest Baptist Medical Center and Forsyth Medical Center.

Zip Codes

2710327104

Market Data Summary

Price Range$220,000–$425,000 (typical for Ardmore single-family homes in 2025)
Price per Sq Ft$175–$220 (Ardmore, 2025 estimate)
Inventory LevelsHigher than previous years; Ardmore is seeing more listings in 2025, creating a more balanced market for buyers and sellers.[1][3][4]

Property Characteristics

Home Types & Architecture

Home Types

Single-family homesBungalowsCottagesDuplexesTownhomes (limited)

Architectural Styles

CraftsmanColonial RevivalTudorMinimal TraditionalMid-century

Property Details

Typical Lot Sizes0.15–0.25 acres (typical for Ardmore)
Home Age Range1920s–1950s (majority), with some newer infill and renovations
Construction QualityGenerally solid, with many homes featuring original hardwoods, plaster walls, and period details. Renovated homes often have modern kitchens and baths while retaining historic charm.

Community Profile

Demographics & Lifestyle

Demographics

Diverse mix of young professionals, medical staff, families, and retirees. Median age is mid-30s to early 40s. High proportion of college-educated residents due to proximity to medical centers and universities.

Community Vibe

Active, welcoming, and neighborly. Residents value historic charm, walkability, and local businesses. Frequent block parties, yard sales, and neighborhood gatherings.

Typical Residents

  • Medical professionals
  • Young families
  • Retirees
  • Graduate students

Family Friendly

Highly family-friendly, with walkable streets, parks, and community events. Popular for families seeking character homes and good schools.

Amenities & Lifestyle

Parks & Recreation

  • Miller Park (playgrounds, tennis, trails)
  • Hathaway Park
  • Ardmore Gateway Garden

Dining Options

  • The Porch Kitchen & Cantina
  • West End Cafe
  • Cugino Forno Pizzeria

Shopping Centers

  • Cloverdale Plaza
  • Thruway Shopping Center (nearby)

Local Businesses

  • Ardmore Coffee
  • Cloverdale Ace Hardware
  • Washington Perk & Provisions

Education & Schools

Public schools in Ardmore are rated average to above average; Moore Magnet and Wiley Magnet are particularly sought after.
Overall School Rating

Elementary Schools

  • Moore Magnet Elementary
  • Bolton Elementary

Middle Schools

  • Wiley Magnet Middle School

High Schools

  • Reynolds High School

Private Schools

  • Summit School
  • Forsyth Country Day (short drive)

Transportation & Accessibility

Transit & Roads

Public Transit

  • Winston-Salem Transit Authority (WSTA) bus routes 83, 84, 85

Major Roads

  • Cloverdale Avenue
  • Hawthorne Road
  • Silas Creek Parkway

Commute & Walkability

Commute Times5–10 minutes to downtown Winston-Salem; 2–5 minutes to both major hospitals; 25 minutes to PTI Airport (Greensboro)
WalkabilityHigh for Winston-Salem; sidewalks, crosswalks, and bike-friendly streets.
ParkingOn-street parking is common; some homes have driveways or detached garages. Parking can be tight near hospitals during peak hours.

Marketing Intelligence

Target Buyer Types

  • Medical staff (doctors, nurses, residents)
  • Young professionals
  • First-time buyers
  • Investors (long-term and short-term rentals)

Key Selling Points

  • Walkable to two major hospitals
  • Historic architecture with modern updates
  • Active, friendly community
  • Strong appreciation and rental demand

Pricing Considerations

Price competitively based on recent sales and condition. Updated homes command a premium. Homes needing work should be priced to reflect renovation costs.

Common Objections & Response Strategies

Objection: Older homes may need repairs or updates.

Response Strategy:

Provide pre-listing inspection reports and estimates for upgrades. Highlight recent renovations and ongoing maintenance.

Objection: Parking is limited, especially near hospitals.

Response Strategy:

Emphasize available off-street parking, nearby public transit, and walkability to amenities.

Objection: Potential for noise from hospitals or traffic.

Response Strategy:

Showcase interior upgrades like double-pane windows and highlight quieter streets within Ardmore.

Investment Insights

Investment Potential

Appreciation Potential

Strong; Ardmore has outperformed city averages in appreciation over the past five years and is expected to continue steady growth due to location and demand.[2]

Rental Demand

High, especially for homes near hospitals and universities. Popular with medical residents and traveling nurses.

Buyer Competition

Moderate; more balanced than previous years, but well-priced homes still attract multiple offers.

Best For

  • Medical professionals
  • First-time buyers
  • Investors seeking stable rental income
  • Families seeking walkability

Potential Concerns

  • Older homes may require updates or repairs
  • Parking limitations near hospitals
  • Noise from medical centers

Professional Recommendations

1

Leverage Ardmore’s walkability and proximity to hospitals in all marketing materials.

2

Educate buyers on the benefits and quirks of historic homes.

3

Network with hospital HR departments to reach relocating medical staff.

4

Stage homes to highlight period details and outdoor spaces.

5

Monitor inventory closely to advise clients on negotiation strategies.

6

Address common objections proactively with documentation and creative solutions.

Competitive Analysis

Comparable Markets

  • West End
  • Buena Vista
  • Sherwood Forest

Market Positioning

Ardmore is positioned as Winston-Salem's most walkable, hospital-adjacent historic neighborhood, appealing to buyers seeking character and convenience.

Competitive Advantages

  • Superior walkability
  • Proximity to major employers
  • Historic charm with modern amenities

Price Comparison

Ardmore is more affordable than Buena Vista and West End, but offers better walkability and community engagement than Sherwood Forest.

Investment Metrics

5.5%–6.5% for single-family rentals (2025 estimate)
Cap Rates
6%–7% gross annual yield typical for updated homes
Rental Yields
16–18 (favorable for long-term investors)
Price-to-Rent
Positive cash flow possible with 20% down on well-priced properties, especially for furnished rentals targeting medical staff.
Cash Flow
4%–5% annual appreciation expected through 2026, barring major economic shifts.[2]
Appreciation

Buyer Journey Insights

First-Time Buyers

Ardmore offers affordable entry points, walkability, and a supportive community. Education on older home maintenance is key.

Move-Up Buyers

Attractive for those seeking larger historic homes or renovated properties with character and proximity to amenities.

Downsizers

Smaller bungalows and cottages are ideal for downsizers wanting low maintenance and walkable lifestyle.

Investors

Strong rental demand and appreciation. Furnished rentals for medical staff are especially lucrative.

Relocators

Proximity to hospitals and downtown, plus community vibe, make Ardmore a top choice for those moving to Winston-Salem.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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