Expensive
Affordable
Affordable
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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 $272,888, lower than the North Carolina average of $323,314.
The average cost of rent is $858/mo in Wallace, primarily driven by the current value of real estate in the Wallace area. In Wallace, 30.41% of households rent, and 52.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wallace is $5,577 per month. Households that rent pay about 15.38% of their income on rent here. Wallace’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Tin City, NC: less expensive homes
- Teachey, NC: less expensive homes
- Greenevers, NC: less expensive homes
- Sloan, NC: less expensive homes
- Willard, NC: less expensive homes
- Rose Hill, NC: less expensive homes
- Register, NC: less expensive homes
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- Murray Town, NC: less expensive homes
- Penderlea, NC: less expensive homes
Cities with Similar Populations
- Florence, MT: higher priced homes
- Farmington, NH: equally priced homes
- Fayetteville, WV: less expensive homes
- Fellsmere, FL: higher priced homes
- Ferriday, LA: less expensive homes
- Finderne, NJ: higher priced homes
- Finley, WA: higher priced homes
- Finleyville, PA: less expensive homes
- Flora, IL: less expensive homes
- Falkville, AL: less expensive homes
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