Is Wallace, SC 29596 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Wallace is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market273Listing to accepted offer
Median price per sq ft$165▲ +77.0% vs. last year

The Wallace housing market right now

In the three months ending August 31, 2026, 0% of homes in Wallace, SC 29596 sold above their list price, the typical home went under contract in 273 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (266 days then) and the median sale price rose 57% to $344,751. Overall, Wallace is about as competitive as it was a year ago.

Nearby markets

Bennettsville 29512Seller’s market $90 /sq ftBlenheim 29516 — /sq ftClio 29525 — /sq ftMc Coll 29570Seller’s market $85 /sq ft Browse all markets →

Where Wallace is

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Questions about Wallace real estate

Is Wallace a buyer’s or seller’s market?

A buyer’s market: there were 9.6 months of supply in Wallace, SC 29596 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Wallace?

The typical home went under contract in 273 days in the latest three months.

Do homes in Wallace sell over asking?

0% of homes sold above their original list price.

What are property taxes in Wallace?

About 0.60% of a home’s value a year in Marlboro County, or roughly $2,400 on a $400,000 home.

What is the median home price in Wallace?

The median sale price was $344,751 in the three months ending August 31, 2026, about $165 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology