Current Price

$208,356

1 Month Forecast

â–² $224,330

1-Year Forecast *

â–² $227,598

5-Year Forecast *

â–² $278,524

"Is it a good time to buy homes in Wallace?" "Does investing in real estate in Wallace (Michigan State, Menominee County) worth it?" According to our live Forecast System, buying a house in Wallace is a acceptable short-term (1-year) investment*. The Wallace average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Wallace" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Wallace in Michigan State, Menominee County. If you are looking for homes for sale with good flipping profit, Wallace can be a profitable property investment option. The median price of an average house in Wallace was 208,356 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Wallace" area is 278,524 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +33.68% meaning that investing 100000 USD today may yield a profit of 33,677 USD by 2031.

Current Median Listing Price: 208,356 USD Median Listing Price Per Square Foot: 116 USD

Wallace Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Wallace (Michigan State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Wallace Price Target

Wallace median home price target in 12 months: $227,598* (upside of 9.2%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $220,016 $223,852 $220,016 $224,902
2024 $195,814 $208,356 $195,814 $208,513
2023 $170,298 $195,753 $170,298 $195,753
2022 $0 $169,025 $0 $176,358
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Wallace Housing Market Forecast

How much does an average home cost in Wallace today?

The value of an average home (the listing price) in Wallace is $208,356 USD.

What is the average price per square foot in Wallace?

According to Walletinvestor the median price per square foot in Wallace is 116 USD.

Will the median listing price of homes in Wallace grow / rise / go up?

Yes. The Wallace home prices may rise from 208,356 USD to 227,598 USD in one year.

Is it profitable to invest in Wallace homes?

Yes. The long-term profit potential is +9.24% in one year.

Will Wallace house prices fall / drop?

No. See above.

What is the predicted price of a Wallace home in 2030?

The predicted home sales price of a Wallace home in 2030 in Wallace is 264,952 USD.

What is the predicted price of a Wallace home in 2035?

The predicted home sales price of a Wallace home in 2035 in Wallace is 335,527 USD.

Will real estate prices decrease in Wallace?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Wallace is the 16860. largest city in the United States, located in Michigan State.

During the last 12 months the real estate prices in Menominee, Wallace decreased, looking at the past 12 months.

According to Walletinvestor's Wallace real estate market research, home values will increase in the next 12 months.

Median home values decreased by 6.836% to 208,356 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 10.685% in 2021
  • 8.825% in 2022
  • 10.115% in 2023
  • 7.375% in 2024
  • 10.895% in 2025
  • 9.065% in 2026

Based on our Wallace real estate market research and report the predicted sales prices will increase by 141.893% in the next 10 years.

Over the last 12 months, the value of homes in Wallace fluctuated: increasing 1 times and decreasing 3 times.

Wallace (Michigan) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Wallace Housing Market Forecast with Real Estate Prices for 2025
August 2025 224330 208178 240482
September 2025 225864 211409 240319
October 2025 227408 212627 242190
November 2025 228963 207670 250257
December 2025 228975 214091 243858
Wallace Housing Market Forecast with Real Estate Prices for 2026
January 2026 228028 209102 246955
February 2026 227086 213461 240711
March 2026 226148 205794 246501
April 2026 225213 205169 245257
May 2026 224517 207454 241580
June 2026 226052 207064 245040
July 2026 227598 213714 241481
August 2026 229154 212197 246111
September 2026 230721 218954 242488
October 2026 232299 209533 255064
November 2026 233887 220555 247219
December 2026 235486 218060 252912
Wallace Housing Market Forecast with Real Estate Prices for 2027
January 2027 237097 222397 251796
February 2027 238718 214846 262590
March 2027 240350 226890 253810
April 2027 241516 221228 261803
May 2027 242140 219379 264901
June 2027 242215 222354 262077
July 2027 243139 225146 261131
August 2027 244801 225217 264385
September 2027 246475 224292 268658
October 2027 248160 228059 268261
November 2027 249550 231832 267268
December 2027 250103 228344 271862
Wallace Housing Market Forecast with Real Estate Prices for 2028
January 2028 251806 236950 266663
February 2028 253498 240570 266427
March 2028 255232 235068 275395
April 2028 256069 236352 275787
May 2028 255876 239244 272508
June 2028 257626 240107 275144
July 2028 259165 237914 280417
August 2028 260937 243715 278159
September 2028 262404 246922 277886
October 2028 262315 237920 286710
November 2028 261708 243389 280028
December 2028 261178 238195 284162
Wallace Housing Market Forecast with Real Estate Prices for 2029
January 2029 261737 247080 276394
February 2029 263527 239809 287244
March 2029 265328 239857 290800
April 2029 267143 250847 283438
May 2029 267156 245249 289063
June 2029 266052 246098 286006
July 2029 264952 240577 289328
August 2029 263857 249873 277842
September 2029 262767 237804 287730
October 2029 261955 245190 278720
November 2029 263746 238163 289329
December 2029 265549 248289 282810
Wallace Housing Market Forecast with Real Estate Prices for 2030
January 2030 267365 244639 290091
February 2030 269193 255734 282653
March 2030 271034 256940 285128
April 2030 272887 254604 291171
May 2030 274753 248652 300855
June 2030 276632 261417 291847
July 2030 278524 257077 299970
August 2030 280428 257713 303143
September 2030 281788 258681 304895
October 2030 282517 262176 302858
November 2030 282604 259996 305213
December 2030 283682 262122 305241
Wallace Housing Market Forecast with Real Estate Prices for 2031
January 2031 285621 260487 310756
February 2031 287574 270895 304254
March 2031 289541 261745 317337
April 2031 291162 275439 306884
May 2031 291807 267004 316611
June 2031 293795 267941 319649
July 2031 295769 270037 321501
August 2031 297791 282306 313277
September 2031 298769 279946 317591
October 2031 298543 278839 318247
November 2031 300585 280145 321024
December 2031 302381 279400 325362
Wallace Housing Market Forecast with Real Estate Prices for 2032
January 2032 304448 282832 326064
February 2032 306160 285035 327285
March 2032 306055 275450 336661
April 2032 305348 279088 331608
May 2032 304730 280047 329413
June 2032 305381 275454 335308
July 2032 307469 279797 335141

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.