The median home value in Wallace, MI is $202,500. This is higher than the county median home value of $134,900. The national median home value is $338,100. The average price of homes sold in Wallace, MI is $202,500. Approximately 67.9% of Wallace homes are owned, compared to 3.58% rented, while 28.52% are vacant. Wallace real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Wallace real estate agent to arrange a tour today!
Wallace, Michigan has a population of 1,541. Wallace is less family-centric than the surrounding county with 17.98% of the households containing married families with children. The county average for households married with children is 22.43%.
The median household income in Wallace, Michigan is $62,656. The median household income for the surrounding county is $52,457 compared to the national median of $69,021. The median age of people living in Wallace is 54.8 years.
The average high temperature in July is 80.3 degrees, with an average low temperature in January of 6 degrees. The average rainfall is approximately 31 inches per year, with 46.8 inches of snow per year.