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📍 Wallace, SC · Zillow ZHVI · July 2026

Average Home Price in
Wallace, SC

Bennettsville, SC metro area · Marlboro County County

Median Home Value
$88,323
↓ 12.6% year-over-year
vs. National Median
$410,000
Wallace is 78% below
Est. Monthly Payment
$461/mo
20% down · 6.8% rate
Income Needed
$23K
gross annual (30% rule)
Median Home Value
$88,323
↓ 12.6% year-over-year
Down Payment (20%)$17,665
Monthly P&I$461/mo
With Taxes & Ins.~$585/mo
Income Needed$23,400/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Wallace, SC

The median home value in Wallace, SC is $88,323 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 12.6% compared to a year ago and down 22.8% from two years prior.

Compared to the U.S. national median of $410,000, homes in Wallace are priced78% below average. Wallace is part of the Bennettsville, SC metro area.

City Comparison

Wallace vs. National Median

🏠 Wallace
$88,323
National Median
$410,000

At $88,323, homes in Wallace cost 78% below the national median of $410,000. This makes Wallace a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Wallace?

20% Down Payment
$17,665
on $88,323
Monthly P&I
$461/mo
30-yr @ 6.8%
Total Monthly Est.
~$585/mo
incl. taxes & insurance
Income Needed
$23,400
gross annual (30% rule)
10% Down Option
$8,832
+ PMI applies
Loan Amount (20% dn)
$70,658
at current rates

Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.

FAQ

Frequently Asked Questions

What is the average home price in Wallace, SC?
The median home value in Wallace is $88,323 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 12.6% year-over-year.
How much have home prices changed in Wallace?
Over the past year, home values in Wallace have decreased by 12.6%.
How much do I need to earn to buy a home in Wallace?
To comfortably afford the median home price of $88,323 with a 20% down payment ($17,665) at today's rates (6.8%), you'd need a gross annual income of approximately $23,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Wallace compare to the national average home price?
The national median home value is approximately $410,000. At $88,323, homes in Wallace are 78% below the national average.
What metro area is Wallace part of?
Wallace is part of the Bennettsville, SC metropolitan area. Home prices and market conditions can vary across the broader metro region.