Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Wallace
September 23, 2026
(910) 395‑1000 · buddyblake.ai
In the last 12 months, 36% of homes listed in Wallace failed to sell — about 1 in 3. Homes that sold went for a median 96.2% of their first asking price.
For sellers
Listings that failed to sell
36%
up 1.2 pts from a year ago
56 expired or canceled vs 101 sold
Sold vs. first asking price
96.2%
up 1.0 pts from a year ago
median sale price ÷ original list price
Sold below first asking
79%
share of homes that sold
Price cut before failing
1.9%
median, on listings that didn't sell
For buyers
True days on market
62
about the same as a year ago
median for sold homes, counted from the first listing
Typical room below first ask
3.8%
how far under the original price homes sold
Failed, then sold on a relist
29%
of listings that didn't sell the first time
Median sold price
$373K
up 16.1% from a year ago
101 homes sold
The last 24 months
10% latest month · Aug 26
100 latest month · Aug 26
93.8% latest month · Aug 26
By starting price
| First asking | Sold | Failed | Fail rate | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 20 | 11 | 36% | 38 | 96.6% |
| $300–400K | 37 | 7 | 16% | 66 | 95.7% |
| $400–500K | 19 | 7 | 27% | 19 | 96.6% |
| $500–750K | 22 | 24 | 52% | 97 | 95.3% |
| $750K–1M | 3 | 7 | 70% | 51 | 95.5% |
Homes only (land excluded), last 12 months unless noted. "Failed to sell" = listings that expired or were canceled; true days on market counts from the first listing, even when a home was relisted. Source: Hive MLS listing and sales records, updated September 23, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000