Checked
Wallace, NE Home Values and Rents
The typical home value in Wallace is $128,736. Median rent is $732 a month.
- Typical home value
- $128,736
- Zillow
- Median rent
- $732/mo
- ACS 2020-2024
- Price change, 1 year
- +12.9%
- Sep 2026
- Homeownership
- 82.2%
- NE: 66.5%
Typical home value in Wallace
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Wallace |
|---|---|
| Sep 2026 | $128,736 |
| Dec 2025 | $117,369 |
| Dec 2024 | $127,655 |
| Dec 2023 | $131,293 |
| Dec 2022 | $122,332 |
| Dec 2021 | $113,288 |
| Dec 2020 | $117,994 |
| Dec 2019 | $103,481 |
| Dec 2018 | $93,802 |
| Dec 2017 | $91,219 |
| Dec 2016 | $85,344 |
| Dec 2015 | $79,124 |
| Dec 2014 | $77,234 |
Over five years, Wallace prices changed +10.5%.
Source: Zillow Research · Last updated 09/01/2026
Fair Market Rents, FY2027
HUD rent standard for Lincoln County, NE
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $835 | +4.9% |
| 1 bedroom | $840 | +4.7% |
| 2 bedrooms | $1,099 | +4.5% |
| 3 bedrooms | $1,309 | +3.8% |
| 4 bedrooms | $1,467 | -3.5% |
Frequently asked questions
- What is the typical home value in Wallace, NE?
- The typical home value in Wallace is $128,736 (Zillow Home Value Index, Sep 2026). The Nebraska median is $238,600.
- How much is rent in Wallace?
- The median rent in Wallace is $732 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,099.
- Are home prices going up in Wallace?
- The typical home value in Wallace changed +12.9% over one year and +10.5% over five years, as of Sep 2026.