Much like the surrounding areas, it's substantially less expensive compared to the entire nation. Compared to the city of North Platte however, it's a little less expensive.
Home prices
The median home in Wallace costs $84,400. It is about $3,580 (4%) lower in comparison to its surrounding areas.In comparison to the US as a whole it is roughly $133,100 (61%) lower, and in comparison to the city of North Platte it is approximately $34,500 (29%) lower.
Rents
In Wallace the median monthly rent is $750. Compared to other places in this area this is roughly $30 (4%) higher.It is about $312 (29%) lower compared to the entire country, and compared to the city of North Platte is is very similar.
Nearby places
Elsie
Elsie is about 10 miles west of Wallace. Its real estate prices are a lot less expensive. The median home in Elsie costs $52,500, which comes out to $31,900 (60%) lower than Wallace. Rent there is a little less expensive. The median monthly rent in Elsie is $581, which is $169 (29%) lower than Wallace.
Madrid
Madrid is roughly 16 miles west of Wallace. Real estate prices there are a little less expensive. Madrid's median home price is $74,600, which is $9,800 (13%) lower than Wallace. Its rents are similar. The median monthly rent in Madrid is $783, which works out to $33 (4%) higher than Wallace.
Paxton
Paxton is approximately 20 miles northwest of Wallace. The real estate prices there are a bit less expensive. The median home in Paxton costs $80,300, which is $4,100 (5%) lower than Wallace. Rents there are a bit less expensive. In Paxton the median rent is $616 a month, which works out to $134 (21%) lower than Wallace.
Sutherland
Sutherland is approximately 21 miles north of Wallace. Its real estate prices are a bit more expensive. The cost of the median home in Sutherland is $111,500, which works out to $27,100 (24%) higher than Wallace. The rent there is a little more expensive. Sutherland's median rent is $810 per month, which works out to $60 (7%) higher than Wallace.
Hershey
Hershey is roughly 22 miles north from Wallace. The housing prices there are a little more expensive. Hershey's median home price is $121,000, which is $36,600 (30%) higher than Wallace. Its rents are a little more expensive. In Hershey the median monthly rent is $811, which works out to $61 (7%) higher than Wallace.
