The median value of housing in 49893 Wallace, MI is $176,100 which is lower than the US House Median Value of $338,100. In the last year, the US house appreciation rate was 8.27%, while the 1 year house appreciation rate in 49893 Wallace was 12.90%. This indicates that housing prices in this area have been increasing at a faster rate than the national average, which could indicate a strong housing market.
The median home cost in Wallace (zip 49893) is $176,100. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Wallace (zip 49893) is up 23.1%.
Average Age of Homes
- The median age of Wallace (zip 49893) real estate is 42 years old
The Rental Market in Wallace (zip 49893)
- Renters make up 6.3% of the Wallace (zip 49893) population
- 0.0% of houses and apartments in Wallace (zip 49893), 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.