What is the housing market like in Wallace Addition today?
In October 2023, Wallace Addition home prices were up 4.2% compared to last year, selling for a median price of $237K.
$374K
Sale Price
$211
Sale $/Sq. Ft.
Over List Price
0%
Days on Market
62
Down Payment
—
Total Homes Sold
1
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Home offer insights for Wallace Addition
Explore recent offers and recently sold homes in Wallace Addition
Recent offers
View houses in Wallace Addition that sold recently
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Climate's impact on Wallace Addition housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Wallace Addition.
Risk Factor
Flood Factor - Major
50% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Wallace Addition has a major risk of flooding. 54 properties in Wallace Addition are likely to be
severely affected
by flooding over the next 30 years. This represents 50% of all properties in Wallace Addition. Flood risk is increasing slower than the national average.
90% of properties are at risk of wildfire over the next 30 years
Fire Factor
Wallace Addition has a moderate risk of wildfire. There are 208 properties in Wallace Addition that have some risk of being affected by wildfire over the next 30 years. This represents 90% of all properties in Wallace Addition.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Wallace Addition has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Wallace Addition is most at risk from hurricanes. 230 properties in Wallace Addition have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 116 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 120 mph.
100% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Wallace Addition has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Wallace Addition have a Severe Heat Factor®.
Wallace Addition is expected to see a 214% increase in the number of days over 108ºF over the next 30 years. Wallace Addition is expected to experience 7