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 $210,787, higher than the Missouri average of $194,908.
The average cost of rent is $744/mo in Wallace, primarily driven by the current value of real estate in the Wallace area. While nearly 50.70% of residents own their homes outright in Wallace, 12.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in Wallace is $5,786 per month. Households that rent pay about 12.86% of their income on rent here. Wallace's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- New Market, MO: higher priced homes
- DeKalb, MO: less expensive homes
- Faucett, MO: equally priced homes
- Dearborn, MO: less expensive homes
- Edgerton Junction, MO: higher priced homes
- Iatan, MO: higher priced homes
- Weston, MO: higher priced homes
- Woodruff, MO: higher priced homes
- Camden Point, MO: higher priced homes
- Frazier, MO: higher priced homes
Cities with Similar Populations
- Middle Water, TX: higher priced homes
- McKinley, VA: higher priced homes
- McZena, OH: equally priced homes
- Meadow Cliff, AR: less expensive homes
- Media, IL: less expensive homes
- Meire Grove, MN: equally priced homes
- Menomonie Junction, WI: less expensive homes
- Meriden, IL: less expensive homes
- Meriden, WY: higher priced homes
- Mesa Verde National Park, CO: higher priced homes
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