Home prices
The median home cost in Wallace is $169,300. This is approximately $22,360 (15%) higher compared to the surrounding areas.It is approximately $48,200 (22%) lower in comparison to the United States as a whole, and is roughly $62,200 (26%) lower in comparison to the city of New Orleans.
Rents
The median rent in Wallace is $1,045 a month. This is about $412 (64%) higher compared to other places in this area.It is about $17 (1%) lower in comparison to the entire country, and it is about $47 (4%) higher in comparison to the city of New Orleans.
Nearby places
North Vacherie
North Vacherie is Wallace's neighbor to the southwest. The housing prices there are a little less expensive. The median home in North Vacherie costs $143,900, which works out to $25,400 (17%) lower than Wallace. The rent there is a lot less expensive. The median rent in North Vacherie is $379 per month, which comes out to $666 (175%) lower than Wallace.
Edgard
Edgard is Wallace's neighbor to the east. Real estate prices there are significantly less expensive. Edgard's median home cost is $97,700, which comes out to $71,600 (73%) lower than Wallace. Rent there is substantially less expensive. Edgard's median monthly rent is $719, which works out to $326 (45%) lower than Wallace.
Gramercy
Gramercy is approximately 3 miles northwest of Wallace. Its housing prices are a bit less expensive. Gramercy's median home value is $142,000, which comes out to $27,300 (19%) lower than Wallace. Rent there is a little less expensive. In Gramercy the median monthly rent is $961, which is $84 (8%) lower than Wallace.
Grand Point
Grand Point is roughly 5 miles west from Wallace. Its housing prices are a bit more expensive. The median home in Grand Point is valued at $229,600, which works out to $60,300 (26%) higher than Wallace. Its rents are a lot less expensive. Grand Point's median monthly rent is $438, which is $607 (138%) lower than Wallace.
Reserve
Reserve is about 6 miles northeast of Wallace. The real estate prices there are significantly less expensive. The median home value in Reserve is $121,500, which works out to $47,800 (39%) lower than Wallace. Rent there is substantially less expensive. In Reserve the median monthly rent is $670, which works out to $375 (55%) lower than Wallace.
