The housing market in Wallace, FL is flourishing compared to the national average. With a median value of $376,600, it is nearly 10% higher than the US house median of $338,100. Additionally, it has seen a significant year-over-year appreciation of 14.18%, which is almost double the 8.27% rate nationally. This makes Wallace a very attractive option for both new home buyers and investors looking to capitalize on its growth potential.
The median home cost in Wallace is $376,600. Home appreciation the last 10 years has been 133.7%. Home Appreciation in Wallace is up 20.1%.
Average Age of Homes
- The median age of Wallace real estate is 11 years old
The Rental Market in Wallace
- Renters make up 6.8% 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.