Homes under $500K for sale in Wallace, NC

As of October 25, 2026, there are 31 homes under $500K for sale in Wallace, NC, with a middle asking price of $363,550 (from $94,700 to $494,900). 2 came on the market in the last week. Another 14 are under contract.

As of October 25, 2026, the middle asking price is $363,550, about $159 per square foot for a typical 2,316 sq ft. Under $300K: 12; $300K–$500K: 19.

In the 12 months through October 25, 2026, 79 sold at a middle price of $341,000, typically for 96.5% of the first asking price after about 54 days on the market.

In the 12 months through October 25, 2026 they typically sold in about 54 days, at 96.5% of the first asking price.

As of October 25, 2026, River Landing (6), Rockfish Pointe (5), Eastwood Acres (3).

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.