Expensive
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 $158,612, lower than the Nebraska average of $252,353.
The average cost of rent is $704/mo in Wallace, primarily driven by the current value of real estate in the Wallace area. In Wallace, 18.03% of households rent, and 59.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wallace is $6,330 per month. Households that rent pay about 11.12% of their income on rent here. Wallace’s most expensive areas are in the northwestern 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
- Dickens, NE: higher priced homes
- Elsie, NE: equally priced homes
- Madrid, NE: equally priced homes
- Sarben, NE: higher priced homes
- Paxton, NE: less expensive homes
- Hayes Center, NE: less expensive homes
- Sutherland, NE: higher priced homes
- Hamlet, NE: less expensive homes
- Wellfleet, NE: higher priced homes
- Hershey, NE: higher priced homes
Cities with Similar Populations
- Keene, OH: higher priced homes
- Skyforest, CA: higher priced homes
- Knifley, KY: less expensive homes
- Kingston, MN: higher priced homes
- Kimball Stand, NY: less expensive homes
- Kilgore, SC: equally priced homes
- Kennan, WI: less expensive homes
- Kelford, NC: less expensive homes
- Keethtown, MO: equally priced homes
- Smoketown, PA: higher priced homes
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