Wallace Real Estate Market

Wallace Market

The median sale price for homes in Wallace over the last 12 months is $106,628.


The median mortgage debt is $47,831.

Additional Statistics for Single Family Homes and Condos in Wallace, ID
$92,000
Median Listing Price
78
Median Days on Market
25
Active Listings
8.0%
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 $92,000. The list prices dropped by -3.15% from the previous month.

The price per square foot for listings in this area is $79.

The median sale price in October for single family homes is $141,657.

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Wallace, ID Market Inventory Trends

The number of active listings in Wallace increased by 4.2% from the previous month.

The median number of days active properties have been listed is 78. This is significantly shorter than the national average.

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Wallace, ID Property Ownership

Wallace has a high % of unoccupied properties. It is 14.75% more than the national average. This can drive sales prices down.

The percent of owner occupied properties in Wallace is 24.15% below the national average.

The percent of rental properties in Wallace is 12.2% 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.