Homes under $500K for sale in Wallace, NC

As of October 18, 2026, there are 31 homes under $500K for sale in Wallace, NC, with a middle asking price of $363,550 (from $60,000 to $499,900). 2 came on the market in the last week. Another 14 are under contract.

In the 12 months through October 18, 2026, 78 sold at a middle price of $339,675, typically for 96.5% of the first asking price after about 54 days on the market.

The most choices right now are in River Landing, Rockfish Pointe, Eastwood Acres.

Newest homes under $500K in Wallace

Page 1 of 2 · 31 for sale · newest first

New · ready ~Feb 11

$363,550

4 bd · 2 ba · 2,100 sq ft

0.94 ac · 2-car garage

265 Eastwood Drive, Wallace, NC 28466

Listed by ADAMS HOMES REALTY NC INC

$250,000

3 bd · 2 ba · 1,300 sq ft

0.16 ac

405 N College Street, Wallace, NC 28466

Listed by HTR Southern Properties

New · ready now

$357,000

4 bd · 3 ba · 2,140 sq ft

0.81 ac · 2-car garage

277 Eastwood Drive, Wallace, NC 28466

Listed by ADAMS HOMES REALTY NC INC

Price cut from $240K

$239,000

3 bd · 2 ba · 1,538 sq ft

0.24 ac

235 Oak Street, Wallace, NC 28466

Listed by Keller Williams Innovate-Wilmington

$179,900

3 bd · 1 ba · 936 sq ft

2.8 ac

3537 S Nc 11 Highway, Wallace, NC 28466

Listed by Relentless Ventures Realty Group

$369,900

4 bd · 2 ba · 2,901 sq ft

0.51 ac · 1-car garage

413 E Main Street, Wallace, NC 28466

Listed by Simpson Real Estate Group Inc

322 E Cavenaugh Street, Wallace, NC 28466

$149,900

3 bd · 2 ba · 1,771 sq ft

0.42 ac

322 E Cavenaugh Street, Wallace, NC 28466

Listed by Johnson Realty

$94,700

1 bd · 1 ba · 514 sq ft

0.25 ac

115 E Murphy Street, Wallace, NC 28466

Listed by Johnson Realty

$370,000

4 bd · 2 ba · 2,031 sq ft

0.26 ac · 4-car garage

116 Circle Drive, Wallace, NC 28466

Listed by Intracoastal Realty Corporation

$439,000

4 bd · 3 ba · 2,595 sq ft

0.19 ac · 2-car garage · $359/mo HOA

129 Candlewood Drive, Wallace, NC 28466

Listed by Chosen Realty of NC

New · ready ~Dec 1

$387,300

5 bd · 4 ba · 3,030 sq ft

0.55 ac · 2-car garage · $13/mo HOA

116 Calloway Drive, Wallace, NC 28466

Listed by ADAMS HOMES REALTY NC INC

New · ready ~Dec 1

$297,900

3 bd · 2 ba · 1,634 sq ft

0.28 ac · 2-car garage · $13/mo HOA

112 Calloway Drive, Wallace, NC 28466

Listed by ADAMS HOMES REALTY NC INC

$450,000

3 bd · 3 ba · 2,882 sq ft

0.60 ac · 2-car garage · $180/mo HOA

254 W Winding Way, Wallace, NC 28466

Listed by Simpson Real Estate Group Inc

New · ready ~Dec 1

$353,300

4 bd · 3 ba · 2,408 sq ft

0.28 ac · 2-car garage · $13/mo HOA

108 Calloway Drive, Wallace, NC 28466

Listed by ADAMS HOMES REALTY NC INC

Price cut from $384K

$373,900

3 bd · 3 ba · 2,483 sq ft

0.23 ac · 2-car garage · $306/mo HOA

117 Candlewood Drive, Wallace, NC 28466

Listed by White House Real Estate

$249,700

3 bd · 2 ba · 1,737 sq ft

0.32 ac

414 S Raleigh Street, Wallace, NC 28466

Listed by Keller Williams Innovate-Wilmington

New · ready ~Dec 1

$309,900

3 bd · 2 ba · 1,727 sq ft

0.26 ac · 2-car garage · $13/mo HOA

109 Calloway Drive, Wallace, NC 28466

Listed by ADAMS HOMES REALTY NC INC

New · ready ~Dec 1

$376,300

5 bd · 4 ba · 2,709 sq ft

0.26 ac · 2-car garage · $13/mo HOA

113 Calloway Drive, Wallace, NC 28466

Listed by ADAMS HOMES REALTY NC INC

Price cut from $214K

$199,000

4 bd · 3 ba · 2,900 sq ft

0.23 ac

604 N Duplin Street, Wallace, NC 28466

Listed by Grow Local Realty LLC

Price cut from $499K

$485,000

4 bd · 4 ba · 3,045 sq ft

0.94 ac · 2-car garage · $150/mo HOA

110 Camellia Court, Wallace, NC 28466

Listed by Miller and Hooks Realty LLC

New · ready ~Jan 29

$384,050

4 bd · 2 ba · 1,902 sq ft

0.27 ac · 2-car garage · $167/mo HOA

143 Firethorn Circle, Wallace, NC 28466

Listed by ADAMS HOMES REALTY NC INC

$374,900

4 bd · 3 ba · 2,774 sq ft

0.43 ac · 2-car garage

518 Forest Lane, Wallace, NC 28466

Listed by Johnson Realty

$269,000

3 bd · 3 ba · 1,650 sq ft

0.15 ac

614 Forest Lane, Wallace, NC 28466

Listed by Simpson Real Estate Group Inc

109 W Westbrook Street, Wallace, NC 28466

New · ready now

$265,000

3 bd · 2 ba · 1,346 sq ft

0.24 ac

109 W Westbrook Street, Wallace, NC 28466

Listed by Relentless Ventures Realty Group

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Price mix

Under $300K12
$300K–$500K19
$500K–$750K0
$750K–$1M0
$1M+0

Where they are

Under $500K in River Landing · Wallace · 6 for sale · $444,500 middle
Rockfish Pointe · Wallace · 5 for sale · $353,300 middle
Eastwood Acres · Wallace · 3 for sale · $363,550 middle

Under $500K in nearby towns

Warsaw18 for sale Rose Hill6 for sale

Questions, answered

How many homes under $500K are for sale in Wallace, NC?

What do homes under $500K cost in Wallace, NC?

As of October 18, 2026, the middle asking price is $363,550, about $159 per square foot for a typical 2,140 sq ft. Under $300K: 12; $300K–$500K: 19.

What did homes under $500K sell for in Wallace, NC last year?

In the 12 months through October 18, 2026, 78 sold at a middle price of $339,675, typically for 96.5% of the first asking price after about 54 days on the market.

How fast do homes under $500K sell in Wallace, NC?

In the 12 months through October 18, 2026 they typically sold in about 54 days, at 96.5% of the first asking price.

Which communities in Wallace, NC have the most homes under $500K for sale?

As of October 18, 2026, River Landing (6), Rockfish Pointe (5), Eastwood Acres (3).

How do I estimate a monthly payment on a home in Wallace, NC?

A mortgage payment has two parts: principal and interest, which depend on the price, your down payment and the rate a lender offers you; and the costs on top — property taxes, homeowners insurance (and flood insurance near the water), HOA dues where there's an association, and mortgage insurance if you put less than 20% down. Each home's page has a calculator that uses the rate you've been quoted and that home's own taxes and HOA dues from the listing. For your actual rate and Annual Percentage Rate (APR), ask a licensed lender — we can introduce you to Joey Milam at Alpha Mortgage Advantage, or you're free to choose any lender.

Explore more

Under $500K across all 5 counties Under $500K in Duplin County Communities in Wallace Single-family One-story Primary on main Open houses New this week Price reduced

Figures are computed live from MLS listing data for Wallace, NC, under $500k only. Middle = median. Listing data is deemed reliable but not guaranteed.