Foreclosure Homes in Wallace, NC

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View this home at Raleigh Rd Wallace NC 28466
$133,248 EMV

3 Bed | 1,161 Sq. Ft.

View this home at S State Highway 41 Wallace NC 28466
View this home at S Raleigh St Wallace NC 28466
$166,630 EMV

3 Bed | 2 Bath | 1,744 Sq. Ft.

View this home at S Nc 41 Hwy Wallace NC 28466
$95,880 EMV

3 Bed | 2 Bath | 1,536 Sq. Ft.

View this home at Satchell St Wallace NC 28466
$187,719 EMV

4 Bed | 1,782 Sq. Ft.

View this home at Test Farm Rd Wallace NC 28466
$72,105 EMV

3 Bed | 1 Bath | 840 Sq. Ft.

View this home at Deep Bottom Rd Wallace NC 28466
$65,025 EMV

| 1,152 Sq. Ft.

View this home at Summer Ridge Dr Wallace NC 28466
$223,930 EMV

3 Bed | 1,839 Sq. Ft.

View this home at W Main St Wallace NC 28466
$152,745 EMV

| 2,036 Sq. Ft.

View this home at Raleigh Rd Wallace NC 28466
$259,274 EMV
Displaying 1 - 10 of 19

Home Value Estimator For Wallace, NC

There are currently 2,357 real estate properties in Wallace, NC, with a median automated valuation model (AVM) price of $157,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wallace, NC, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Wallace, NC, is $207,234.00, with the most expensive house in Wallace, NC, topping out at $1,958,000.00 and the cheapest home in Wallace, NC, clocking in at $30,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Wallace, NC!

Rent Prices In Wallace, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wallace, NC, is on a rollercoaster ride. The average rent price in Wallace, NC, is $974.00. Indeed, when looking to rent in Wallace, NC, you can expect to pay as little as $440.00 or as much as $2,320.00, with the average rent median estimated to be $880.00. The good news is that finding an affordable and desirable property to rent in Wallace, NC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Foreclosure Homes in Wallace, NC

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

Top Reasons To Live In Wallace, NC In 2023

Wallace is located in Duplin, North Carolina, with an estimated municipal population of 3,863 residents. All of the best foreclosed homes for sale in Wallace are located in the following zip code areas on 28466. The estimated population per square kilometer (.62 miles) in Wallace is 486.

Cost Of Living In Wallace, NC

So, about how much do homes cost in Wallace? The most recent median value of resident-owned homes in Wallace is 114,357. An estimated 62 percent of households in Wallace own their homes, with an average family size of 3.73. The median household income in Wallace is 35,321, with9.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Wallace, the median commute time of resident workers (in minutes) is 20.2. And last, but certainly not least, are you looking for homes to rent in Wallace? If so, the average rent price paid by renters in Wallace is 564, according to recent statistics.

Diversity And Demographics In Wallace, North Carolina

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 44.7, split between 47.8 percent male versus 52.2 female. The percentage of residents who report being married in Wallace is 39.9, with an average family size of 3.73.

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

White 73.2%
Black / African American 20.4%
Asian 0%
American Indian / Alaskan Native 3.9%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.6%
Other 1.9%

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 14.9%
Aged 10-19 15.1%
20s 7.9%
30s 6.2%
40s 10.1%
50s 19.2%
60s 9.4%
70s 9.1%
80+ 8.1%

Best Schools In Wallace, North Carolina

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, North Carolina

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, North Carolina, 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, NC Foreclosures


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