Comprehensive market data and analysis• Updated Dec 2025
9.9 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 5 | 15 | 24 | 50 |
| 1-2 acres | - | 2 | 3 | 4 |
| 2-5 acres | - | - | - | 3 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | 1 | 1 | 1 | 1 |
| 50-100 acres | - | 1 | 1 | 1 |
| 100+ acres | - | - | - | 1 |
| TOTAL | 6 | 19 | 29 | 61 |
Acreage buckets
The median price for land in Wallace, North Carolina is currently $45K per acre. For a typical parcel, the median sale price is $25K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $10K while premium lots reached $55K.
Wallace, North Carolina is currently a buyer's market with 9.9 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 10.7% year-over-year.
Wallace, North Carolina currently has 9.9 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
There are currently 63 active listings in Wallace, North Carolina. 17 new listings have hit the market in the last 90 days. The median asking price is $44K.
Land in Wallace, North Carolina averages $52K per acre. The median price per acre is $45K, which may be more representative of typical transactions. Most parcels sold are around 20,909 sq ft.
Land in Wallace, North Carolina typically sells within 205 days of listing. The median time on market is 91 days. Properties are moving slowly in the current buyer's market.
Over the past 12 months, Wallace, North Carolina saw 61 properties sold, totaling $2.6M in sales volume. In just the last 3 months, 19 properties changed hands.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.