$55,900
3.00 Acres
Land
#50297167, Dawn Hayes, Listing Office: Weichert Realtors - Place Perfect
Housing Prices in Wallace, MI
How much do homes in Wallace, MI cost?
Median List Price
$184,900
$147/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
-$59,350(-24.3%)
Key Takeaway
The list price of homes in Wallace has decreased by 24.3% since last year.
Summary: The median home list price in Wallace was $184,900 in October 2024, down 24.3% from the previous year, and the median price per square foot was $147.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $109.9K | $159.9K | +45.5% |
| 2 Bedrooms | $129.9K | $189.9K | +46.2% |
| 3 Bedrooms | $269K | $234.9K | -12.7% |
| 4 Bedrooms | $159.9K | - | N/A |
| 5+ Bedrooms | $357.4K | - | N/A |
Summary: Wallace housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45.5%, 2 bedroom homes increased by 46.2%, 3 bedroom homes decreased by 12.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Wagner | $279.7K | $232.4K | -16.9% |
| Wallace | $244.2K | $184.9K | -24.3% |
Housing Supply in Wallace, MI
How many homes are available in Wallace, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Summary: The Wallace real estate market had 3 homes for sale in October 2024, a 50.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 0 | 1 | +100.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Wallace housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Wallace, MI
How long does it take to sell a home in Wallace, MI?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 68 Days | 75 Days | +9.8% |
Summary: Homes in Wallace had an average listing age of 75 days in Oct 2024, up by 9.8% compared to the previous year.
