Wallace is located in Marlboro, South Carolina, with an estimated municipal population of 689 residents. All of the best foreclosed homes for sale in Wallace are located in the following zip code areas on Foreclosure.com: 29596. The estimated population per square kilometer (.62 miles) in Wallace is 40.
So, about how much do homes cost in Wallace? The most recent median value of resident-owned homes in Wallace is 53,519. An estimated 86.3 percent of households in Wallace own their homes, with an average family size of 3.1. The median household income in Wallace is 34,609, with10.2 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 19.1.
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 50.8, split between 43.7 percent male versus 56.3 female. The percentage of residents who report being married in Wallace is 52.3, with an average family size of 3.1.
The percentage of residents who report their race in Wallace is as follows:
White | 78.1% |
Black / African American | 20.6% |
Asian | 0% |
American Indian / Alaskan Native | 0% |
Native Hawaiian / Other Pacifc Islander | 0% |
Multi-racial | 1.3% |
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 | 14.8% |
Aged 10-19 | 14.2% |
20s | 5.5% |
30s | 7.7% |
40s | 6.8% |
50s | 11.7% |
60s | 11.9% |
70s | 23.1% |
80+ | 4.2% |
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.
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:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Wallace.
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.
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