Data as of September 2026. Source: Realtor.com.
The WALLACE, MI real estate market (49893) currently shows 8 active listings. Homes are averaging 33 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are selling faster, averaging 33 days on market compared to 57 days last year.
The median listing price has risen 34.6% year-over-year, from $259,900 to $349,900.
Population: 1,361 · Density: 7.1/mi² · Median household income: $62,778
Typical home value: $169,813 · Homeownership: 94.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49893 | Wallace, MI 49893 | 0.0 mi | 1 | $349,450 | $349,450 | $349,450 |
| 49887 | Stephenson, MI 49887 | 9.3 mi | 8 | $2,225,832 | $224,675 | $278,229 |
| 54177 | Wausaukee, WI 54177 | 14.9 mi | 14 | $3,429,776 | $239,975 | $244,984 |
| 49821 | Daggett, MI 49821 | 15.6 mi | 6 | $2,143,050 | $374,450 | $357,175 |
| 49812 | Carney, MI 49812 | 20.8 mi | 2 | $974,000 | $487,000 | $487,000 |
| 54211 | Ephraim, WI 54211 | 23.1 mi | 5 | $672,375 | $120,000 | $134,475 |
| 54209 | Egg Harbor, WI 54209 | 25.4 mi | 65 | $30,088,500 | $398,725 | $462,900 |
| 54234 | Sister Bay, WI 54234 | 25.9 mi | 14 | $12,895,442 | $758,400 | $921,103 |
| 54202 | Baileys Harbor, WI 54202 | 27.1 mi | 11 | $12,044,868 | $787,450 | $1,094,988 |
| 54112 | Coleman, WI 54112 | 28.0 mi | 3 | $549,699 | $169,900 | $183,233 |
| 49847 | Hermansville, MI 49847 | 28.3 mi | 1 | $62,500 | $62,500 | $62,500 |
| 54161 | Pound, WI 54161 | 29.7 mi | 10 | $6,673,300 | $352,400 | $667,330 |
| 49807 | Bark River, MI 49807 | 32.3 mi | 4 | $1,371,352 | $354,500 | $342,838 |
As of September 2026, there are 8 active listings in WALLACE, MI (zip code 49893), compared to 7 the prior year.
The median listing price in WALLACE, MI 49893 is $349,900 as of September 2026, a 34.6% increase from $259,900 the prior year.
Homes in WALLACE, MI 49893 spend an average of 33 days on the market before going under contract, compared to 57 days the prior year.
Based on current inventory and days-on-market data as of September 2026, WALLACE, MI 49893 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 33 days on market compared to 57 days last year.
With SELL123.com's maximum 3% commission, sellers in WALLACE, MI 49893 save an estimated $6,998 compared to a typical 5% commission on the median listing price of $349,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.