Single-family Foreclosures in Wallace, NC

Current Market Conditions in Wallace, NC

The real estate market in Wallace, NC is currently experiencing growth, with an increase in property values and demand for housing. This trend is driven by the town's appeal to those looking for a tranquil living environment near larger urban centers. Buyers are showing interest in the diverse housing options available, from historic homes to new builds.

Homes in Wallace typically sell within a reasonable timeframe, with the average days on the market decreasing as demand increases. This suggests that sellers are optimistic about their properties and are pricing them competitively to attract offers.

Rent Prices In Wallace, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wallace, NC, is on a rollercoaster ride. The average rent price in Wallace, NC, is $934.00. Indeed, when looking to rent in Wallace, NC, you can expect to pay as little as $440.00 or as much as $2,320.00, with the average rent median estimated to be $840.00. The good news is that finding an affordable and desirable property to rent in Wallace, NC -- 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.