OfferBackedBuyer Tools

Is Wallace, MI 49893 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 8.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8.5Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list93.6%Sold price ÷ list price
Median days on market43Listing to accepted offer
Median price per sq ft$135▲ +3.7% vs. last year

Run the numbers for 49893

Prefilled for 49893Can I win this house?Multiple-offer likelihood for a listing Prefilled for 49893Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Carney 49812 — /sq ftDaggett 49821Seller’s market $162 /sq ftHermansville 49847Seller’s market $200 /sq ftIngalls 49848Seller’s market $154 /sq ft Browse all markets →

Local agents

See all agents in 49893 →

No sponsored agents in 49893 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 49893

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Menominee County property taxesMenominee County loan limitsClosing costs in MichiganHottest ZIP codes in Michigan
Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

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