Wallace, NE Real Estate

According to census data in the year 2000 there were 155 housing units in Wallace. This represents a 7.6% growth from 144 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 155 were located in what is classified as a rural area.

Homeownership rate in Wallace is about 78.8%. Wallace's vacancy rate, including seasonal lodging, is about 5.8%. Average household size is 2.32 people.

The majority of houses, apartments or condos in Wallace were built after 1953.


Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom7.10%
Two Bedrooms29.70%
Three Bedrooms44.50%
Four Bedrooms12.30%
Five Bedrooms or more4.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1956
Median Value of occupied units$54,700
Median Price asked for vacant units$37,500

Rented Homes, Apartments and Condos

Average Household Size1.74
Median year structure was built1952
Median Monthly Rent asked for vacant units$408

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan4.30%
Simple Mortgage44.10%
Debt Free51.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.7%