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 $109,393, lower than the Nebraska average of $188,542.
The average cost of rent is $642/mo in Wallace, primarily driven by the current value of real estate in the Wallace area. While nearly 62.76% of residents own their homes outright in Wallace, 20.86% rent.
Housing affordability isn’t just about home prices, though. The average household income in Wallace is $4,515 per month. Households that rent pay about 14.22% of their income on rent here. Wallace's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Dickens, NE: higher priced homes
- Elsie, NE: higher priced homes
- Madrid, NE: equally priced homes
- Sarben, NE: higher priced homes
- Paxton, NE: equally priced 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: equally priced homes
- Kilgore, SC: equally priced homes
- Kennan, WI: equally priced homes
- Kelford, NC: less expensive homes
- Keethtown, MO: higher priced homes
- Smoketown, PA: higher priced homes
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