Wallace, NE69169

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$177,000
1.1% YoY Growth
Median Household Income
$39,800
35.7% 5-Year Growth
Days on Market
66
60.0% Shorter than last year
Home Price Forecast
1.4%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Wallace, NE

As of Oct '25, Realtor.com reports that the median days on market for a home in Wallace, NE is 66. This is a decrease of -60.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$364,000355.0%
Listing Count
3167.0%
Listings as % of HomesN/A167.0%
Days on Market
66-60.0%
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Demographics — Wallace, NE

As of the latest ACS Survey released in 2023, Wallace, NE has a population of 465, which has decreased by -21.1% over the past 5 years. Wallace, NE is a moderately popular place for families, as children make up 17.6% of the population. The area has a moderately educated workforce, with 25.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
465-21.1%
% Under 18
17.6%-7.4%
% Seniors
30.1%33.2%
% WFH
7.7%-57.7%
% w/ College Degree
25.3%27.8%
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As of the latest ACS Survey released in 2023, Wallace, NE is a predominantly white area, with 91.0% of the population identifying as white. The white population has shrunk by 3.1% in the last 5 years. The second most common race or ethnicity in Wallace, NE is hispanic, making up 8.6% of the population. Foreign-born residents account for 4.1% of the population in Wallace, NE, and this percentage has increased by 115.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
91.0%-3.1%
% Black
0.0%N/A
% Hispanic
8.6%62.3%
% Asian
0.0%-100.0%
% Foreign Born
4.1%115.8%
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Mortgage and Risk — Wallace, NE

Wallace, NE lacks sufficient mortgage origination data for analysis.

Mortgages

MetricZip Code Average
Total Loan Originations
N/A
% Conventional Loans
N/A
% Government Loans
N/A
% Investor Loans
N/A
% Second Loans
N/A
% Cash Out Refinance
N/A

Loan Activity

No data available

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Rentals and Section 8 — Wallace, NE

Wallace, NE lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
N/A
Total Units Section 8
N/A
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$700
2 BedroomN/AN/A$910
3 BedroomN/AN/A$1,130
4 BedroomN/AN/A$1,340

Affordability — Wallace, NE

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.3
Median Home Price$177,000
Median Household Income$39,800

Wallace, NE — ZIP Code Boundary Map

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Frequently Asked Questions