Housing in Wallace, NE

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

Housing Market Snapshot

Source: Redfin — November 2025

Median Sale Price

$144,356

Median List Price

N/A

Price Per Sq Ft

$171

Days on Market

35

Active Inventory

N/A

Zillow Home Value

$114,594

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 92.5%Aug 24Nov 25

Market Competitiveness

Source: Redfin

Sold Above List

100.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

103.1%

Seller's market

Sold Above Asking
100.0%
Under Contract in 2 Wks
0.0%

Market Activity

Source: Redfin

Homes Sold

1

Pending Sales

1

Homes Sold 0.0%Pending 0.0%Aug 24Nov 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$171

Sale $/SF 74.5%Aug 24Nov 25

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

$101,500

Median Rent

$725

Total Housing Units

144

Vacancy Rate

20.1%

Owner Occupied

79.1%

Renter Occupied

20.9%

Median Property Tax

$1,725

per year

Monthly Cost (w/ Mortgage)

$894

Housing Types

Single Family
86.1%
Multi-Family
6.9%
Mobile Home
6.9%

The current median sale price in Wallace, NE is $144,356 according to Redfin data. Homes spend a median of 35 days on the market. 100.0% of homes sold above asking price. The median price per square foot is $171. The median rent is $725 per month (Census ACS). About 79.1% of housing units are owner-occupied. The median year homes were built is 1954. There are 144 total housing units.