Wallace NC Multi Family for Sale

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Wallace Real Estate

The median home value in Wallace, NC is $348,500. This is higher than the county median home value of $148,500. The national median home value is $338,100. The average price of homes sold in Wallace, NC is $348,500. Approximately 49.86% of Wallace homes are owned, compared to 40.34% rented, while 9.8% 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, North Carolina has a population of 3,401. Wallace is more family-centric than the surrounding county with 37.06% of the households containing married families with children. The county average for households married with children is 25.92%.

The median household income in Wallace, North Carolina is $40,925. The median household income for the surrounding county is $45,744 compared to the national median of $69,021. The median age of people living in Wallace is 45.1 years.

Wallace Weather

The average high temperature in July is 90.2 degrees, with an average low temperature in January of 31.5 degrees. The average rainfall is approximately 53.9 inches per year, with 1.2 inches of snow per year.

Wallace Real Estate Market Conditions

  • Median sales price

    $348,500
    24.7% change since last quarter
  • # Active listings

    129
    30-day change

Wallace Schools and Demographics

Education near Wallace, NC

Metric City County
High School Graduates 74.49 79.68
College Degree - 2 year 5.6 9.59
College Degree - 4 year 18.46 15.56
Graduate Degree 4.65 3.63
Expenditures per Student 9,601 9,601
Students per Teacher 15.8 15.8

Elementary Schools near Wallace, NC

School Grades Students P/T Ratio ZIP
Chinquapin Elementary School PK - 08 609 15.9 28521
Penderlea Elementary School KG - 08 531 16.6 28478
Rose Hill-Magnolia Elementary School PK - 05 829 16.1 28458
Wallace Elementary School PK - 05 821 16.1 28466

Middle Schools near Wallace, NC

School Grades Students P/T Ratio ZIP
Charity Middle School 06 - 08 519 16.2 28458

High Schools near Wallace, NC

School Grades Students P/T Ratio ZIP
Union High School 09 - 12 560 14.7 28458
Wallace-Rose Hill High School 09 - 12 667 17.2 28464

Demographics near Wallace, NC

Metric City County
Neighborhood Type Small Town
Population 3,401 49,836
Population Density 1,108 61
Median Age 45.1 40.6
People per Household 2 2.5
Median Household Income 40,925 45,744
Average Income per Capita 26,503 23,296