The median home value in Wallace, MI is $109,000. This is higher than the county median home value of $102,200. The national median home value is $219,700. The average price of homes sold in Wallace, MI is $109,000. Approximately 64.65% of Wallace homes are owned, compared to 6.65% rented, while 28.69% 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 19.44% of the households containing married families with children. The county average for households married with children is 21.53%.
The median household income in Wallace, Michigan is $58,942. The median household income for the surrounding county is $44,480 compared to the national median of $57,652. The median age of people living in Wallace is 49.9 years.
The average high temperature in July is 81.2 degrees, with an average low temperature in January of 2.2 degrees. The average rainfall is approximately 30.8 inches per year, with 52 inches of snow per year.