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 $219,018, higher than the South Dakota average of $199,518.
The average cost of rent is $708/mo in Wallace, primarily driven by the current value of real estate in the Wallace area. While nearly 50.85% of residents own their homes outright in Wallace, 11.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in Wallace is $6,260 per month. Households that rent pay about 11.32% of their income on rent here. Wallace's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Florence, SD: equally priced homes
- Lily, SD: less expensive homes
- Bradley, SD: less expensive homes
- Waverly, SD: equally priced homes
- Henry, SD: less expensive homes
- Garden City, SD: less expensive homes
- Webster, SD: less expensive homes
- Kampeska, SD: less expensive homes
- Crocker, SD: less expensive homes
- Waubay, SD: less expensive homes
Cities with Similar Populations
- La Paloma, TX: less expensive homes
- Rochester, KY: less expensive homes
- McMillan, MS: less expensive homes
- Mattawana, PA: less expensive homes
- Masonville, MI: less expensive homes
- Leck, VA: less expensive homes
- Leathersville, GA: less expensive homes
- Lawrence, NE: less expensive homes
- Langlade, WI: less expensive homes
- Lanesville, VA: less expensive homes
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