Active Listings
2
⇩ 60% vs 5 last year
Population: 1,361 · Density: 7.1/mi² · Median household income: $62,778
Typical home value: $169,813 · Homeownership: 94.5%
Data as of January 2026. Source: Realtor.com.
The WALLACE, MI real estate market (49893) currently shows 2 active listings. Homes are averaging 134 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 134 days on market compared to 32 days last year.
The median listing price has fallen 39% year-over-year, from $368,650 to $224,900.
Whether you are buying or selling in WALLACE, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49893 | Wallace, MI 49893 | 0.0 mi | 2 | $444,800 | $224,900 | $222,400 |
| 49887 | Stephenson, MI 49887 | 9.3 mi | 6 | $1,490,160 | $169,900 | $248,360 |
| 54177 | Wausaukee, WI 54177 | 14.9 mi | 16 | $6,611,152 | $259,950 | $413,197 |
| 49821 | Daggett, MI 49821 | 15.6 mi | 7 | $2,796,150 | $374,450 | $399,450 |
| 49812 | Carney, MI 49812 | 20.8 mi | 2 | $974,000 | $487,000 | $487,000 |
| 54211 | Ephraim, WI 54211 | 23.1 mi | 5 | $1,037,900 | $125,000 | $207,580 |
| 54209 | Egg Harbor, WI 54209 | 25.4 mi | 62 | $34,916,912 | $549,950 | $563,176 |
| 54234 | Sister Bay, WI 54234 | 25.9 mi | 16 | $15,355,680 | $771,800 | $959,730 |
| 54202 | Baileys Harbor, WI 54202 | 27.1 mi | 9 | $8,446,500 | $695,000 | $938,500 |
| 54112 | Coleman, WI 54112 | 28.0 mi | 2 | $389,800 | $194,900 | $194,900 |
| 49847 | Hermansville, MI 49847 | 28.3 mi | 2 | $182,400 | $91,200 | $91,200 |
| 54161 | Pound, WI 54161 | 29.7 mi | 12 | $7,492,692 | $279,900 | $624,391 |
| 49807 | Bark River, MI 49807 | 32.3 mi | 4 | $1,178,668 | $350,000 | $294,667 |
As of January 2026, there are 2 active listings in WALLACE, MI (zip code 49893), compared to 5 the prior year.
The median listing price in WALLACE, MI 49893 is $224,900 as of January 2026, a 39% decrease from $368,650 the prior year.
Homes in WALLACE, MI 49893 spend an average of 134 days on the market before going under contract, compared to 32 days the prior year.
Based on current inventory and days-on-market data as of January 2026, WALLACE, MI 49893 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 134 days on market compared to 32 days last year.
With SELL123.com's maximum 3% commission, sellers in WALLACE, MI 49893 save an estimated $4,498 compared to a typical 5% commission on the median listing price of $224,900. 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.