Wallace, IN Housing Statistics

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B+

67%

Med. Home Val. NAT. AVG.

100%

Rent NAT. AVG.

31%

Owner Occ. NAT. AVG.

Wallace Housing Information

Index	Wallace	Indiana	National
Median home price	$107,570	$226,920	$326,622
Median rent asked	$0	$1,145	$1,444
Avg. people per household	1.7	2.5	2.6
Owner occupied households	83.0%	68.7%	63.6%
Renter occupied households	17.0%	31.3%	36.4%

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Housing Quick Facts

The median home price in Wallace is 67% lower than the national average.
The median rent asked in Wallace is 100% lower than the national average.
The average number of people per household in Wallace is 34% lower than the national average.
The number of owner occupied households in Wallace is 31% higher than the national average.
The number of renter occupied households in Wallace is 53% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Alamo, IN	70	$68,592	79%
Newport, IN	318	$100,874	69%
Wingate, IN	321	$106,965	67%
Bloomingdale, IN	431	$107,699	67%
Montezuma, IN	993	$107,913	67%
Wallace, IN	103	$107,570	67%

Cities with similar population

	Population	Home Price	National Avg.
Brumley, MO	103	$165,830	49%
Cullomburg, AL	103	$0	100%
Corinne, WV	103	$0	100%
Deer Park, AL	103	$0	100%
Young Place, NM	103	$134,214	59%
Wallace, IN	103	$107,570	67%

Source: The Wallace, IN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.