The housing market in Wallace, KS is vibrant and prosperous. The median value of a home in Wallace is $104,800, significantly lower than the US median value of $338,100. This makes Wallace an attractive location for potential homeowners who may be looking to invest in property. The US house appreciation rate over the past year is 8.27%, but it's even higher in Wallace at 10.51%. This indicates that investing in real estate in Wallace is a wise decision as it has a healthy growth rate and potential for larger returns on investments.
The median home cost in Wallace is $104,800. Home appreciation the last 10 years has been 59.6%. Home Appreciation in Wallace is up 13.8%.
Average Age of Homes
- The median age of Wallace real estate is 59 years old
The Rental Market in Wallace
- Renters make up 20.5% of the Wallace population
- 0.0% of houses and apartments in Wallace, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.