Housing Prices in Wallace, MI

How much do homes in Wallace, MI cost?

Median List Price

$259,900

$174/sqft

Based on all homes listed in December 2024.

Difference Since Last Month

+$45,000(+20.9%)

Key Takeaway

The list price of homes in Wallace has increased by 20.9% since November.

Summary: The median home list price in Wallace was $259,900 in December 2024, up 20.9% from the previous month, and the median price per square foot was $174.

Median List Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $139.9K$139.9K
0.0%
3 $289.9K$379.9K
+31.0%
4 --
N/A
5+ --
N/A

Summary: Wallace housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 31%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Wallace
+20.9%
Mellen Township
0.0%
Wagner
0.0%

Housing Supply in Wallace, MI

How many homes are available in Wallace, MI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
220.0%

Summary: The Wallace real estate market had 2 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 11
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Wallace housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 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

Nov 2024Dec 2024CHANGE
67 Days67 Days0.0%

Summary: Homes in Wallace had an average listing age of 67 days in Dec 2024, the same as the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 7 Days Ago

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Newest Listings in Wallace, MI

Nearby Markets to Wallace, MI

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MLS Disclaimers and Copyright

Based on information from MiRealSource Inc. DL for the period 11/01/2024 - 01/01/2025

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/8/2025, 1:21:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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