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WALLACE, ID 83873

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The WALLACE, ID real estate market (83873) currently shows 9 active listings, with 4 pending sales. Homes are averaging 105 days on the market before going under contract.

Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 105 days on market compared to 85 days last year.

The median listing price has fallen 21.9% year-over-year, from $414,749 to $323,750.

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Market Context

Market Context

Population: 1,726  ·  Density: 2.6/mi²  ·  Median household income: $42,241

Typical home value: $222,886  ·  Homeownership: 67.9%

Market Overview

Active Listings
9
⇩ 40% vs 15 last year
Pending
4
44% pending ratio
Median Price
$323,750
⇩ 21.9% vs $414,749 last year
Average Price
$454,705
⇩ 8% vs $494,247 last year
Days on Market
105
⇧ 23.5% vs 85 days last year

Price Per Square Foot

Median $/sqft
$239
⇧ 10.1% vs $217/sqft last year
Median Home Size
1,407 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 9 this year vs 15 last year
  • Days on market: 105 now vs 85 last year

Median & Average Pricing

Year over Year
  • Median: $323,750 (-21.9% YoY)
  • Average: $454,705 (-8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 41.5 miles — 274 listings ($395,399,499 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
83873Wallace, ID 838730.0 mi13$5,912,452$349,999$454,804
83849Osburn, ID 838496.9 mi6$2,110,200$382,500$351,700
83846Mullan, ID 8384611.4 mi11$2,907,817$229,000$264,347
83868Smelterville, ID 8386813.8 mi4$1,414,996$373,749$353,749
59874Trout Creek, MT 5987420.1 mi15$17,621,415$969,000$1,174,761
59830De Borgia, MT 5983023.9 mi4$2,109,000$512,000$527,250
59844Heron, MT 5984428.5 mi2$7,541,666$2,802,500$3,770,833
59842Haugan, MT 5984230.4 mi3$4,039,899$724,900$1,346,633
59853Noxon, MT 5985332.0 mi8$7,043,432$760,000$880,429
83811Clark Fork, ID 8381137.3 mi11$9,614,198$624,813$874,018
83833Harrison, ID 8383338.9 mi27$80,651,214$1,646,250$2,987,082
83814Coeur D Alene, ID 8381439.6 mi166$252,923,410$924,450$1,523,635
59866Saint Regis, MT 5986641.5 mi4$1,509,800$397,450$377,450

Frequently Asked Questions

How many homes are for sale in WALLACE, ID 83873?

As of September 2026, there are 9 active listings in WALLACE, ID (zip code 83873), compared to 15 the prior year.

What is the median home price in WALLACE, ID 83873?

The median listing price in WALLACE, ID 83873 is $323,750 as of September 2026, a 21.9% decrease from $414,749 the prior year.

How long do homes stay on the market in WALLACE, ID?

Homes in WALLACE, ID 83873 spend an average of 105 days on the market before going under contract, compared to 85 days the prior year.

Is it a seller's or buyer's market in WALLACE, ID 83873?

Based on current inventory and days-on-market data as of September 2026, WALLACE, ID 83873 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 105 days on market compared to 85 days last year.

How much can I save on real estate commission in WALLACE, ID?

With SELL123.com's maximum 3% commission, sellers in WALLACE, ID 83873 save an estimated $6,475 compared to a typical 5% commission on the median listing price of $323,750. 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.