Atwood Acres, a neighborhood in Winston-Salem, North Carolina, has experienced significant changes in homeownership rates and housing prices over the past decade. These changes reflect broader economic trends and local market dynamics. The community has seen notable fluctuations in homeownership rates from 2013 to 2022. In 2013, 61% of residents owned their homes. This figure decreased to 46% by 2018, indicating a shift towards renting. However, by 2022, homeownership rebounded to 53%. These changes coincided with fluctuations in average home prices. In 2013, the average home price was $145,697. Despite the initial decline in homeownership, average home prices steadily increased, reaching $266,638 by 2022, representing an 83% increase over this period.

Federal interest rates have played a significant role in homeownership trends. From 2013 to 2016, interest rates remained low, hovering around 0.1%. During this period, homeownership in Atwood Acres decreased from 61% to 47%, contrary to the typical trend of lower interest rates encouraging homeownership. However, as interest rates began to rise from 2017 onwards, reaching 1.68% in 2022, homeownership in the neighborhood stabilized and slightly increased to 53%.

Renter percentages and average rent prices in Atwood Acres have also shown interesting trends. In 2013, 39% of residents were renters, with an average rent of $1,036. By 2018, the renter percentage peaked at 54%, with average rent increasing to $1,090. As of 2022, the renter percentage decreased to 47%, while average rent continued to rise, reaching $1,112. These changes occurred alongside fluctuations in population, which peaked at 1,838 in 2015 and stood at 1,555 in 2022.