Wallace Real Estate Market

Wallace Market

The median sale price for homes in Wallace over the last 12 months is $73,625.


The median mortgage debt is $44,729.

Additional Statistics for Single Family Homes and Condos in Wallace, NC
$199,000
Median Listing Price
162
Median Days on Market
81
Active Listings
9.9%
Distressed Listings
(foreclosures and short sales)
Wallace, NC Price Trends - Sold vs. Listed
The median list price in May for single family homes in Wallace is $199,000.

The price per square foot for listings in this area is $104.

The median sale price in December for single family homes is $75,000. The sale prices dropped by -31.3% from the previous month.

The price per square foot for sales in this area is $60.

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Wallace, NC Market Inventory Trends

The number of active listings in Wallace increased by 8% from the previous month.

The median number of days active properties have been listed is 162. This is much longer than the national average.

The number of sales in December dropped by 50% from the previous month.

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Wallace, NC Property Ownership

The percent of owner occupied properties in Wallace is 12.24% below the national average.

The percent of rental properties in Wallace is 12.77% 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.