Wallace, NE Foreclosures
How much do homes sell for in Wallace, NE?
The average home price is currently $275,850.
In Wallace, NE, how many homes are available?
There are currently 5 active home listings available in Wallace.
What’s the average rental cost in Wallace, NE?
The average rental price in Wallace is $1,075.
What is the most expensive home in Wallace?
The most expensive home sold in Wallace had a price of $3,620,302.
What is currently the cheapest priced home in Wallace, NE?
The cheapest home for sale in Wallace is priced at $33,879.
Living in Wallace, NE
Wallace, Nebraska, is a quaint village that provides a peaceful lifestyle with a welcoming community spirit. Surrounded by beautiful Nebraska landscapes, it offers residents access to outdoor activities and essential amenities. Perfect for those seeking a quieter, rural setting while still being within reach of larger towns.
Current Market Conditions in Wallace, NE
Wallace's real estate market is currently stable, with homes maintaining their value primarily due to the limited availability of properties in this small community. Buyers often find that homes in Wallace offer more space and a better quality of life compared to urban areas, contributing to steady demand. The market has seen consistent interest from those looking to escape urban congestion for a quieter life in rural Nebraska.
Recent real estate trends show an increasing interest in homes with larger lots, as families seek properties with ample outdoor space. While prices have stabilized, there is a gradual rise in demand for single-family homes, particularly those that are well-maintained. Many buyers are also considering Wallace as a vacation home destination, given its serene environment.
Home Value Estimator For Wallace, NE
There are currently 238 real estate properties
in Wallace, NE,
with a median automated valuation model (AVM) price
of $153,770.00. 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, NE, 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, NE,
is $275,850.00, with the most expensive house
in Wallace, NE, topping out
at $3,620,302.00 and the cheapest home
in Wallace, NE,
clocking in at $33,879.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Wallace, NE!
Rent Prices
In Wallace, NE
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Wallace, NE, is on
a rollercoaster ride. The
average rent price in Wallace, NE,
is $1,075.00. Indeed, when looking to rent in
Wallace, NE, you can expect to pay as little
as $440.00 or as much
as $2,420.00,
with the average rent median estimated to
be $970.00. The good news is that finding
an affordable and desirable property to rent in Wallace, NE
-- 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.
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