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 $96,415, lower than the West Virginia average of $138,399.
The average cost of rent is $780/mo in Wallace, primarily driven by the current value of real estate in the Wallace area. While nearly 73.68% of residents own their homes outright in Wallace, 6.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in Wallace is $4,116 per month. Households that rent pay about 18.95% of their income on rent here. Wallace's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Rinehart, WV: less expensive homes
- Margaret, WV: higher priced homes
- Jimtown, WV: equally priced homes
- Dola, WV: equally priced homes
- Sardis, WV: equally priced homes
- Marshville, WV: higher priced homes
- Flinderation, WV: higher priced homes
- Folsom, WV: equally priced homes
- Sedalia, WV: higher priced homes
- Oakdale, WV: higher priced homes
Cities with Similar Populations
- Lublin, WI: higher priced homes
- Sagola, MI: higher priced homes
- Ryderwood, WA: higher priced homes
- Rutsonville, NY: higher priced homes
- Ruthton, MN: higher priced homes
- Rowanta, VA: higher priced homes
- Rousseau, LA: higher priced homes
- Round Prairie, MN: higher priced homes
- Manlius, IL: higher priced homes
- Lytton, OH: higher priced homes
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