49893, Wallace, MI

Wallace, MI is located in the southeastern corner of Michigan and has a population of just over 10,000 people. The median household income in Wallace is just over $50,000 and the median home value is just over $130,000. Over the past few years, home prices have increased significantly in Wallace as more and more people are looking to buy or invest in a home.

One of the main reasons for this increase in home prices is that Wallace has a low unemployment rate and a strong economy. Additionally, Wallace is located near several major cities such as Detroit and Lansing which makes it an attractive place to live and work. In addition to these factors, there are also a number of new homes being built in Wallace which helps to keep prices high.

Overall, it seems that Wallace residents are very happy with their current home values and are confident that they will continue to rise over time. This trend bodes well for the 49893 zip code as it continues to grow increasingly popular among buyers and investors alike.