Wallace, SD Housing


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Wallace, SD is a small town located in the Midwest region of the United States. The median value of housing in Wallace is $85,400, which is significantly lower than the US House Median Value of $338,100. Despite this difference, Wallace has experienced a higher house appreciation rate in the past year of 14.45%, compared to the US 1 year House Appreciation of 8.27%. This suggests that house values are increasing rapidly in Wallace, making it an attractive option for those looking to invest in real estate.

The median home cost in Wallace is $85,400. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Wallace is up 17.2%.

Average Age of Homes
- The median age of Wallace real estate is 78 years old
The Rental Market in Wallace
- Renters make up 18.8% 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingWallace, South DakotaUnited States
  28.0139,647,020.0
  4242
  $85,400$338,100
  17.2%16.6%
  51.6%57.0%
  81.4%101.1%
  $11.09$10.98
  $700$2,690
  71.4%57.4%
  14.3%11.2%
  14.3%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  0.0%3.6%
  14.3%4.1%
  Value of Owner-Occupied Housing
  15.0%2.6%
  10.0%2.4%
  40.0%2.8%
  10.0%3.9%
  0.0%4.5%
  5.0%11.3%
  20.0%13.0%
  0.0%20.1%
  0.0%13.6%
  0.0%8.3%
  0.0%9.7%
  0.0%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  0.0%13.6%
  0.0%13.6%
  3.6%13.6%
  3.6%13.2%
  0.0%14.8%
  3.6%13.6%
  7.1%10.0%
  7.1%4.7%
  78.6%12.2%
Commute
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