The median home in Wallace, Michigan is valued at $209,207, up 4.3% year over year. Wallace is part of the Marinette, WI-MI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Marinette, WI-MI stress score, crash risk, and 12-month forecast →

Home Value$209,207

+4.3%

AFFORDABILITY

Enter your income for Wallace.

Income (annual)

Down Payment

$41,841 on $209,207

Affordable — 23.4% of income

Under the 28% guideline.

PITI$1,460

P/I23.4%

Afford$251K

Room+$42K

P&I $1,058Tax $268Ins $133

6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Michigan

Compare Wallace with other housing markets across Michigan.

Lake Angelus$1659K Leland$1097K Orchard Lake$914K Franklin$845K Lake Leelanau$832K Kewadin$811K Lakeside$800K Northport$758K

Full Marinette, WI-MI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Marinette, WI-MI metro.

View Marinette, WI-MI metro →

WALLACE, MI