Property prices for sale in Wallace (Idaho)

The prices in real estate in Wallace, in the Idaho region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Wallace has increased during the last 6 months. In December, the average price per sq.feet was $177. In the following month the price per sq.feet decreased to $162. In the following two months the price per sq.feet has barely changed, going from $169.5 to $177.5 per sq.feet. The price per sq.feet has had a considerable increase of 140 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $173.5 to $242.5 during April, and May.

Average price

Based upon to the price in Wallace (cities), these have remained the same in the last 6 months. The average price for December is $406,007. During January the price had a considerable reduction till $331,759. During the following two months (February, March) the average price fell 92 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 150 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $500,192 they are 55 % more affordable than the average price for Wallace. The properties with the lowest average price have 2 bedrooms, Their price is 39 % cheaper than the average. After that we have properties with 4 bedrooms priced at $283,434.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $13 / sq.feet, with an average $208 / sq.feet price in Wallace. The properties with the highest average prices have 1 bedroom. They are 17 % more expensive than the average followed by properties with 2 bedrooms with a price at $177 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $500,192 it is 49 % cheaper than the average price in Wallace. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $281,386 it is 43 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $13 / sq.feet followed by "Commercial" priced at $73 / sq.feet. "Townhouse" is the cheapest type of property with a $77 / sq.feet value followed by "Commercial" with an average price of $73 / sq.feet.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in Wallace
Number of properties used in region Idaho
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value