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As-is Deals in Wallace, ID

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Wallace, ID Foreclosures

Current Market Conditions in in Wallace, ID As of April 2026?
Over the past month, Wallace has experienced a slight increase in home prices due to a surge in buyer interest and low inventory. The average days on market for listings have decreased, indicating heightened competition among buyers, particularly for family homes and vacation properties.
How much do homes sell for in Wallace, ID?
The average home price is currently $257,660.
In Wallace, ID, how many homes are available?
There are currently 2 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 $15,922.

Living in Wallace, ID

Wallace, Idaho, is a historic mining town known for its beautiful mountains and outdoor recreational opportunities. With its quaint downtown and friendly community, it's a perfect place for families seeking a peaceful lifestyle. Residents enjoy easy access to outdoor activities and essential amenities.

Buyer vs Seller Market in Wallace, ID

Wallace's real estate market remains stable, with steady demand for homes due to its attractive lifestyle and scenic environment. Homes in the area are seeing modest appreciation, driven by both local buyers and those seeking vacation properties.

As the region attracts more visitors for outdoor activities, the housing market has gradually become more competitive, especially for homes priced under $300,000, appealing to first-time buyers and investors.

Home Value Estimator For Wallace, ID

There are currently 1,318 real estate properties in Wallace, ID, with a median automated valuation model (AVM) price of $238,127.00. 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 $257,660.00, 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 $15,922.00. 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 As-is Deals

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