Why Live in Wallace
Wallace, a neighborhood with deep agricultural roots, is known for its rural charm and modern growth. Located less than an hour from larger cities like Jacksonville and Wilmington, Wallace offers a quiet lifestyle with the convenience of nearby urban job prospects. The area features midcentury ranch-style homes, renovated cottages, and Cape Cods around downtown, while custom-built and contemporary homes are more common in the countryside. River Landing, a gated community, attracts new residents with its spec housing and luxury amenities. Farrior Park, anchored by Boney Mill Pond, provides recreational features such as fishing docks, kayak launches, a playground, and a walking trail. Residents can also enjoy Friday night football at Legion Stadium and easy day trips to the beach, which is under an hour away. Essential shopping needs are met by stores like Piggly Wiggly, Walmart, and Tractor Supply, while West Main Street offers locally owned shops and dining options like Mo'Joe Coffee & Cupcakes and Mad Boar, which features live music on weekends. The annual Carolina Strawberry Festival in May is a highlight, drawing visitors for live music, carnival rides, and strawberry-themed treats. Wallace is served by Duplin County Schools, with Wallace Elementary and Wallace-Rose Hill High School providing education for local children. Light traffic and the intersection of State Routes 41 and 117 make commuting straightforward, with Interstate 40 offering a direct route to Wilmington. While Wallace has an urgent care center, the nearest major hospital is 20 miles north.
Home Trends in Wallace, NC
On average, homes in Wallace, NC sell after 97 days on the market compared to the national average of 50 days. The median sale price for homes in Wallace, NC over the last 12 months is $317,500, up 25% from the median home sale price over the previous 12 months.
Median Sale Price
$317,500
Median Single Family Sale Price
$375,000
Average Price Per Sq Ft
$175
Number of Homes for Sale
73
Last 12 months Home Sales
103
Median List Price
$375,150
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
25%