Wallace Real Estate Market

Wallace Market

The median sale price for homes in Wallace over the last 12 months is $96,075.


The median mortgage debt is $47,000.

Additional Statistics for Single Family Homes and Condos in Wallace, ID
$96,000
Median Listing Price
41
Median Days on Market
34
Active Listings
20.6%
Distressed Listings
(foreclosures and short sales)
Wallace, ID Price Trends - Sold vs. Listed
The median list price in May for single family homes in Wallace is $96,000. The list prices increased by 6.78% from the previous month.

The price per square foot for listings in this area is $52.

The median sale price in December for single family homes is $53,147. The sale prices dropped by -58.19% from the previous month.

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Wallace, ID Market Inventory Trends

The number of active listings in Wallace increased by 3% from the previous month.

The median number of days active properties have been listed is 41. This is significantly shorter than the national average.

The number of sales increased by 100% from the previous month.

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Wallace, ID Property Ownership

Wallace has a high % of unoccupied properties. It is 10.64% more than the national average. This can drive sales prices down.

The percent of owner occupied properties in Wallace is 20.78% below the national average.

The percent of rental properties in Wallace is 12.94% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.