Foreclosure Homes in Wallace, LA

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Foreclosure Homes in Wallace, LA

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Wallace, LA area at Get information on foreclosure homes for rent, how to buy foreclosures in Wallace, LA and much more. Save thousands at closing with home foreclosure listings in Wallace, LA — up to 75% off market value!

Top Reasons To Live In Wallace, LA In 2023

Wallace is located in St. John the Baptist, Louisiana, with an estimated municipal population of 1,263 residents. All of the best foreclosed homes for sale in Wallace are located in the following zip code areas on 70090 70049. The estimated population per square kilometer (.62 miles) in Wallace is 75.

Diversity And Demographics In Wallace, Louisiana

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Wallace, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Wallace is 40.6, split between 50 percent male versus 50 female. The percentage of residents who report being married in Wallace is 30.9, with an average family size of 3.28.

The percentage of residents who report their race in Wallace is as follows:

White 2.5%
Black / African American 97.5%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

Looking for family-friendly neighborhoods in and/or near Wallace? Or maybe you are searching for 55+ active adult communities in and/or near Wallace?

The percentage of residents who report their age in Wallace is as follows:

Under 10 13.5%
Aged 10-19 10.3%
20s 16%
30s 9.4%
40s 12.1%
50s 18.5%
60s 11.6%
70s 6.2%
80+ 2.4%

Best Schools In Wallace, Louisiana

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Wallace with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Wallace.

Pros And Cons Of Living In Wallace, Louisiana

How do you know that living in -- or moving to -- Wallace is right where you need to be? Perhaps you grew up in Wallace or already live nearby; therefore, the decision to buy a home in Wallace is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Wallace for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Wallace:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Wallace.

Reasons To Move To Wallace, Louisiana, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Wallace can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Wallace, meanwhile, can field multiple offers from more qualified buyers.

Wallace, LA Foreclosures


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