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 $113,447, lower than the Indiana average of $175,617.
The average cost of rent is $743/mo in Wallace, primarily driven by the current value of real estate in the Wallace area. While nearly 40.36% of residents own their homes outright in Wallace, 10.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in Wallace is $3,852 per month. Households that rent pay about 19.30% of their income on rent here. Wallace's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Centennial, IN: equally priced homes
- Alamo, IN: higher priced homes
- Harveysburg, IN: less expensive homes
- Hillsboro, IN: equally priced homes
- Sylvania, IN: higher priced homes
- Kingman, IN: equally priced homes
- Deer Mill, IN: higher priced homes
- Waveland, IN: less expensive homes
- Marshall, IN: less expensive homes
- Waynetown, IN: equally priced homes
Cities with Similar Populations
- Lawrenceburg, MO: higher priced homes
- Stevensville, VT: higher priced homes
- State Line, LA: higher priced homes
- Starks, WI: higher priced homes
- Starbrick, PA: less expensive homes
- Star Mills, KY: higher priced homes
- St. Marks, KS: higher priced homes
- St. Lewis, NC: less expensive homes
- Lower Dennysville, ME: less expensive homes
- Lowell, NE: higher priced homes
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