The Wallace Lake Heights housing market is somewhat competitive. The median sale price of a home in Wallace Lake Heights was $305K last month, up 9.6% since last year.
What is the housing market like in Wallace Lake Heights today?
In January 2025, Wallace Lake Heights home prices were up 9.6% compared to last year, selling for a median price of $305K. On average, homes in Wallace Lake Heights sell after 42 days on the market compared to 44 days last year. There were 17 homes sold in January this year, up from 2 last year.
$294K
Sale Price
$158
Sale $/Sq. Ft.
Under List Price
0.5%
Days on Market
24
Down Payment
—
Total Homes Sold
4
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How hot is the Wallace Lake Heights housing market?
Wallace Lake Heights is somewhat competitive. Homes sell in 24 days.
0
100
66
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 24 days.
Learn about schools in the Wallace Lake Heights area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Wallace Lake Heights housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Wallace Lake Heights.
Flood Factor - Minor
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Wallace Lake Heights has a minor risk of flooding. 60 properties in Wallace Lake Heights are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Wallace Lake Heights. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Wallace Lake Heights has a moderate risk of wildfire. There are 924 properties in Wallace Lake Heights that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Wallace Lake Heights.
96% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Wallace Lake Heights has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Wallace Lake Heights is most at risk from hurricanes. 895 properties in Wallace Lake Heights 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 110 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 115 mph.
96% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Wallace Lake Heights has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 96% of homes in Wallace Lake Heights have a Severe Heat Factor®.
Wallace Lake Heights is expected to see a 228% increase in the number of days over 110ºF over the next 30 years. Wallace Lake Heights is expected to experience 8