#100498592, Listing Office: Keller Williams Innovate-Wilmington
Wallace Housing Market Report March 2025•Duplin County, North Carolina
Housing Prices in Wallace, NC
How much do homes in Wallace, NC cost?
Housing Market Conditions
Is Wallace, NC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Wallace is a Buyer's Market
Difference Since March 2024
At the same time last year, Wallace was a Seller's Market.
Wallace is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Wallace have sold for 28.9% more than they did a year ago.
Summary: The median home sold price in Wallace was $327,500 in March 2025, up 28.9% from last year, and the median price per square foot was $165.
Median Sold Price By Cities
City | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
Union Township | $255K | $330K | +29.4% |
Wallace | $254K | $327.5K | +28.9% |
Island Creek Township | $245K | $299K | +22.0% |
Median Sold Price By Bedrooms
Beds | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $132.5K | $154K | +16.2% |
33 Bedrooms | $247.5K | $290.9K | +17.6% |
44 Bedrooms | $632K | $427.4K | -32.4% |
55+ Bedrooms | $750K | $850K | +13.3% |
Summary: Wallace housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +16.2%. The home price for 3 bedroom homes increased by +17.6%. The home price for 4 bedroom homes decreased by -32.4%. The home price for 5 bedroom homes increased by +13.3%.
How does Wallace, NC compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Wallace, NC
Housing supply in Wallace, NC
How many homes are available in Wallace, NC?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
70Last MonthMar 2025 | ||
662 months agoFeb 2025 | +6.1 % Change MoMFeb – Mar |
Summary: The Wallace real estate market had 70 homes for sale in Mar 2025, a 6.1 % increase compared to Feb 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
7Last MonthMar 2025 | ||
42 months agoFeb 2025 | +75.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
Beds | Feb 2025 | Mar 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 1 | +100.0% |
22 Bedrooms | 0 | 1 | +100.0% |
33 Bedrooms | 31 | 32 | +3.2% |
44 Bedrooms | 30 | 31 | +3.3% |
55+ Bedrooms | 5 | 5 | 0.0% |
Summary: Wallace housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +3.2%. The inventory for 4 bedroom homes increased by +3.3%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Wallace, NC cost?
Over Asking Price0 Home
At Asking Price5 Homes
Under Asking Price2 Homes
If you're buying a home in Wallace, expect to pay close to the asking price. 71.4% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Wallace in March 2025, up by 75.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 71% were sold at asking, and and 0% were sold over asking.
Days on Market for Wallace, NC
How long does it take to sell a home in Wallace, NC?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days1 Home
Over 90 Days2 Homes
Many homes in Wallace are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 7 homes were sold in Wallace; 43% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
73 DaysThis YearMar 2025 | ||
75 Days1 year agoMar 2024 | -3.1 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Wallace had an average listing age of 73 days in Mar 2025, down by 3.1% compared to the previous year.
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Newest Listings in Wallace, NC
What homes are available in Wallace, NC?
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MLS Disclaimers and Copyright
Based on information from Hive MLS, and Doorify MLS for the period 04/01/2023 - 04/01/2025

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 2:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 12:50:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.