Housing in Wallace, FL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$375,000

Median List Price

$327,495

Price Per Sq Ft

$177

Days on Market

74

Active Inventory

31

Months of Supply

6.2

Buyer's market

Price Trends

Source: Redfin
Sale Price 62.3%List Price 10.3%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

10.0%

Sale-to-List Ratio

98.2%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
10.0%
Listings with Price Drops
25.8%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

4

Pending Sales

10

Homes Sold 150.0%New Listings 50.0%Pending 66.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$177

Median List $/SF

$170

Sale $/SF 33.2%List $/SF 11.0%Mar 24Jan 26

Wallace vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Wallace is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$377,600

Median Rent

$1,394

Total Housing Units

1,353

Vacancy Rate

0.0%

Owner Occupied

93.9%

Renter Occupied

6.1%

Median Property Tax

$2,352

per year

Monthly Cost (w/ Mortgage)

$1,611

Housing Types

Single Family
98.0%
Multi-Family
2.0%
Mobile Home
0.0%

The current median sale price in Wallace, FL is $375,000 according to Redfin data. Homes spend a median of 74 days on the market. 0.0% of homes sold above asking price. The market has 6.2 months of supply. The median price per square foot is $177. The median rent is $1,394 per month (Census ACS). About 93.9% of housing units are owner-occupied. The median year homes were built is 2011. There are 1,353 total housing units.