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Featured local agent — Wallace, SC
Sarah Mitchell
Compass Real Estate · Wallace, SC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Wallace, SC Housing Market & Real Estate
Housing market overview · Updated monthly ·
$134,900median sale price
How is the Wallace, SC housing market right now?
The median home sale price in Wallace, SC is $134,900. Homes sell in an average of 184 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of December 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Wallace a buyer's or seller's market?
Wallace, SC is currently a seller's market, based on 1.0 months of supply and homes selling in about 184 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
184
Average pace
Active listings
1
1.0 months supply
Sale-to-list
—
Below asking
What does the Wallace housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $134,900 |
| Average days on market | 184 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Median price per sq ft | $117/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Wallace by property type?
How the Wallace, SC market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $134,900 | $117/sq ft | 1 | 184 days |
Source: Redfin · Updated monthly
The Wallace housing market is currently classified as a seller's market with a median sale price of $134,900. Prices have fallen 0.0% compared to last year, with homes spending an average of 184 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Wallace
There are currently 1 homes listed for sale in Wallace, South Carolina.
Active listings
1
Homes on market
Avg. days on market
184
Days until sale
Who lives in Wallace?
Population
669
Median age
54.5 years
Owner-occupied
97.2%
College grads
5.7%
Avg commute
29.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Wallace?
Zillow home value
$88,323
Source: Zillow Research
What is it like to live in Wallace?
Wallace is a community of approximately 1K residents with a median age of 54.5 years. 5.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 97.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 29.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Wallace offers a distinctive character that appeals to different lifestyle preferences.
Which public schools serve Wallace?
1 schools tracked · 438 students
The largest public schools serving Wallace, SC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Wallace Elementary/Middle
Grades PK-8 · 438 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Wallace, SC?
Want a head-to-head view? Compare Wallace side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Wallace?
The median home sale price in Wallace is $134,900, down 0.0% from last year.
How long do homes stay on market in Wallace?
Homes typically spend 184 days on market before going under contract.
Is Wallace a buyer's or seller's market?
With 1.0 months of supply, Wallace is currently a seller's market.
What is the Zillow home value estimate for Wallace?
The Zillow Home Value Index (ZHVI) for Wallace is $88,323, representing the typical home value in the area.
How much does a single-family home cost in Wallace?
The median single-family home price in Wallace, SC is $134,900 (about $117 per square foot).
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