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Foreclosure Homes in Wallace, ID

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Wallace, ID Foreclosures

How much do homes sell for in Wallace, ID?
The average home price is currently $249,769.
In Wallace, ID, how many homes are available?
There are currently 3 active home listings available in Wallace.
What’s the average rental cost in Wallace, ID?
The average rental price in Wallace is $896.
What is the most expensive home in Wallace?
The most expensive home sold in Wallace had a price of $1,666,700.
What is currently the cheapest priced home in Wallace, ID?
The cheapest home for sale in Wallace is priced at $19,500.

Living in Wallace, ID

Wallace, ID, is a picturesque small town with a rich mining history and a strong sense of community. The area offers a range of outdoor activities and historical landmarks, making it appealing for both residents and investors. With its charming streets and scenic mountain views, Wallace is an attractive location for real estate investment.

Current Market Conditions in Wallace, ID

The real estate market in Wallace currently displays a mix of affordability and potential for growth, drawing interest from buyers looking for both vacation homes and primary residences. The inventory of homes is relatively limited, which can lead to competitive bidding on desirable properties.

Investors may find appealing opportunities in Wallace due to its attractive prices compared to larger urban centers in Idaho. With increasing interest in outdoor living and remote locations, the demand for homes in Wallace is expected to rise, making it a promising market for real estate investments.

Home Value Estimator For Wallace, ID

There are currently 1,025 real estate properties in Wallace, ID, with a median automated valuation model (AVM) price of $232,835.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wallace, ID, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Wallace, ID, is $249,769.00, with the most expensive house in Wallace, ID, topping out at $1,666,700.00 and the cheapest home in Wallace, ID, clocking in at $19,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Wallace, ID!

Rent Prices In Wallace, ID

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wallace, ID, is on a rollercoaster ride. The average rent price in Wallace, ID, is $896.00. Indeed, when looking to rent in Wallace, ID, you can expect to pay as little as $460.00 or as much as $1,800.00, with the average rent median estimated to be $900.00. The good news is that finding an affordable and desirable property to rent in Wallace, ID -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Wallace, ID Foreclosures

Market Trend for Wallace, ID

Total Listings Available: 3

Market Values:

Home Prices from $19,500 to $1,666,700

Average Sales Price: $249,769

Rental Values:

Rental from $460 to $1,800

Average Rent Value: $896 / month

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