The housing market in 83873 Wallace, ID is experiencing growth. According to recent data, the median value of a house in the area is $261,400, slightly lower than the US median value of $338,100. However, despite this discrepancy in price points, houses in 83873 Wallace have appreciated at a greater rate than the national average over the past year with an appreciation of 8.90% compared to the US 1 year House Appreciation of 8.27%. This indicates that the housing market in this area is strong and on an upward trend.
The median home cost in Wallace (zip 83873) is $261,400. Home appreciation the last 10 years has been 181.9%. Home Appreciation in Wallace (zip 83873) is up 15.8%.
Average Age of Homes
- The median age of Wallace (zip 83873) real estate is 75 years old
The Rental Market in Wallace (zip 83873)
- Renters make up 22.9% of the Wallace (zip 83873) population
- 1.8% of houses and apartments in Wallace (zip 83873), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.