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WALLACE, ID 83873

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

Market Overview

Active Listings
13
⇩ 13.3% vs 15 last year
Pending
3
23% pending ratio
Median Price
$367,500
⇧ 13.1% vs $324,875 last year
Average Price
$492,190
⇧ 7.4% vs $458,088 last year
Days on Market
108
⇧ 54.3% vs 70 days last year

Market Context

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

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

Market Analysis

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

The WALLACE, ID real estate market (83873) currently shows 13 active listings, with 3 pending sales. Homes are averaging 108 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 108 days on market compared to 70 days last year.

The median listing price has risen 13.1% year-over-year, from $324,875 to $367,500.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 13 this year vs 15 last year
  • Days on market: 108 now vs 70 last year

Median & Average Pricing

Year over Year
  • Median: $367,500 (+13.1% YoY)
  • Average: $492,190 (+7.4% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 39.6 miles — 299 listings ($510,131,301 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
83873Wallace, ID 838730.0 mi13$6,398,470$367,500$492,190
83849Osburn, ID 838496.9 mi7$2,455,880$380,000$350,840
83846Mullan, ID 8384611.4 mi13$3,312,270$219,500$254,790
83868Smelterville, ID 8386813.8 mi5$1,791,665$399,999$358,333
59874Trout Creek, MT 5987420.1 mi13$15,832,791$983,944$1,217,907
59867Saltese, MT 5986721.5 mi1$509,000$509,000$509,000
83802Avery, ID 8380224.4 mi1$549,000$549,000$549,000
59844Heron, MT 5984428.5 mi4$9,407,200$1,225,000$2,351,800
59842Haugan, MT 5984230.4 mi2$3,424,900$1,712,450$1,712,450
59853Noxon, MT 5985332.0 mi9$7,366,500$629,500$818,500
83811Clark Fork, ID 8381137.3 mi11$9,726,365$610,950$884,215
83833Harrison, ID 8383338.9 mi35$104,017,760$1,795,000$2,971,936
83814Coeur D Alene, ID 8381439.6 mi185$345,339,500$995,000$1,866,700

Frequently Asked Questions

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

As of January 2026, there are 13 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 $367,500 as of January 2026, a 13.1% increase from $324,875 the prior year.

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

Homes in WALLACE, ID 83873 spend an average of 108 days on the market before going under contract, compared to 70 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 January 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 108 days on market compared to 70 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 $7,350 compared to a typical 5% commission on the median listing price of $367,500. 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.