Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Wallace area can be challenging. Home prices in Wallace are now at a median cost of $96,249, lower than the Georgia average of $231,203.
The average cost of rent is $867/mo in Wallace, primarily driven by the current value of real estate in the Wallace area. While nearly 74.78% of residents own their homes outright in Wallace, 9.02% rent.
Housing affordability isn’t just about home prices, though. The average household income in Wallace is $4,336 per month. Households that rent pay about 20.00% of their income on rent here. Wallace's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Hawkinsville, GA: higher priced homes
- Pineview, GA: less expensive homes
- Hartford, GA: higher priced homes
- Klondike, GA: higher priced homes
- Dubois, GA: higher priced homes
- Clinchfield, GA: higher priced homes
- Unadilla, GA: less expensive homes
- Grovania, GA: higher priced homes
- Frazier, GA: higher priced homes
- Empire, GA: higher priced homes
Cities with Similar Populations
- Mexia, AL: equally priced homes
- Red Rock, PA: higher priced homes
- Red Oak, MI: higher priced homes
- Raytown, MS: higher priced homes
- Rackerby, CA: higher priced homes
- Rabornville, OK: higher priced homes
- Moore, MT: higher priced homes
- Montgomery, VT: higher priced homes
- Monmouth, CA: higher priced homes
- Mohawk, IN: higher priced homes
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