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WALLACE, ID 83873

Real Estate Market Report  ·  Shoshone County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The WALLACE, ID real estate market (83873) currently shows 15 active listings, with 4 pending sales. Homes are averaging 88 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 88 days on market compared to 82 days last year.

The median listing price has risen 21.1% year-over-year, from $289,000 to $349,999.

Whether you are buying or selling in WALLACE, ID, 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.

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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
15
⇩ 11.8% vs 17 last year
Pending
4
27% pending ratio
Median Price
$349,999
⇧ 21.1% vs $289,000 last year
Average Price
$428,489
⇩ 1.1% vs $433,070 last year
Days on Market
88
⇧ 7.3% vs 82 days last year

Price Per Square Foot

Median $/sqft
$208
⇧ 17.5% vs $177/sqft last year
Median Home Size
1,865 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 15 this year vs 17 last year
  • Days on market: 88 now vs 82 last year

Median & Average Pricing

Year over Year
  • Median: $349,999 (+21.1% YoY)
  • Average: $428,489 (-1.1% 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 March 2026, there are 15 active listings in WALLACE, ID (zip code 83873), compared to 17 the prior year.

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

The median listing price in WALLACE, ID 83873 is $349,999 as of March 2026, a 21.1% increase from $289,000 the prior year.

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

Homes in WALLACE, ID 83873 spend an average of 88 days on the market before going under contract, compared to 82 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 March 2026, WALLACE, ID 83873 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 88 days on market compared to 82 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 $7,000 compared to a typical 5% commission on the median listing price of $349,999. 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.