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Wallace, FL real estate

Compare top Wallace real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for November 2026.*


*Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Wallace real estate Market Report.

Information and statistics on the latest trends in the Wallace real estate market. *

Latest Rolling 3-Month Snapshot

Jul 1, 2026 - Sep 30, 2026

Median sale price
$342K
-6.2% from Q2 '26
Median list price
$396K
+16% from Q2 '26
Active listings
89
No change from Q2 '26
Homes sold
35
-5.4% from Q2 '26
New pendings
32
-27% from Q2 '26
New listings
42
-16% from Q2 '26

Quarterly Pricing Trends for Wallace

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Wallace Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 Median sale price in Oct 2021 - Dec 2021: $397K Median sale price in Jan 2022 - Mar 2022: $444K Median sale price in Apr 2022 - Jun 2022: $450K Median sale price in Jul 2022 - Sep 2022: $399K Median sale price in Oct 2022 - Dec 2022: $383K Median sale price in Jan 2023 - Mar 2023: $390K Median sale price in Apr 2023 - Jun 2023: $519K Median sale price in Jul 2023 - Sep 2023: $497K Median sale price in Oct 2023 - Dec 2023: $515K Median sale price in Jan 2024 - Mar 2024: $441K Median sale price in Apr 2024 - Jun 2024: $489K Median sale price in Jul 2024 - Sep 2024: $503K Median sale price in Oct 2024 - Dec 2024: $446K Median sale price in Jan 2025 - Mar 2025: $425K Median sale price in Apr 2025 - Jun 2025: $361K Median sale price in Jul 2025 - Sep 2025: $366K Median sale price in Oct 2025 - Dec 2025: $392K Median sale price in Jan 2026 - Mar 2026: $355K Median sale price in Apr 2026 - Jun 2026: $365K Median sale price in Jul 2026 - Sep 2026: $342K Median list price in Oct 2021 - Dec 2021: $455K Median list price in Jan 2022 - Mar 2022: $390K Median list price in Apr 2022 - Jun 2022: $475K Median list price in Jul 2022 - Sep 2022: $396K Median list price in Oct 2022 - Dec 2022: $500K Median list price in Jan 2023 - Mar 2023: $539K Median list price in Apr 2023 - Jun 2023: $470K Median list price in Jul 2023 - Sep 2023: $522K Median list price in Oct 2023 - Dec 2023: $475K Median list price in Jan 2024 - Mar 2024: $390K Median list price in Apr 2024 - Jun 2024: $503K Median list price in Jul 2024 - Sep 2024: $495K Median list price in Oct 2024 - Dec 2024: $437K Median list price in Jan 2025 - Mar 2025: $393K Median list price in Apr 2025 - Jun 2025: $371K Median list price in Jul 2025 - Sep 2025: $385K Median list price in Oct 2025 - Dec 2025: $369K Median list price in Jan 2026 - Mar 2026: $435K Median list price in Apr 2026 - Jun 2026: $342K Median list price in Jul 2026 - Sep 2026: $396K Oct 2021 - Dec 2021 Median sale price $397K Median list price $455K Jan 2022 - Mar 2022 Median sale price $444K Median list price $390K Apr 2022 - Jun 2022 Median sale price $450K Median list price $475K Jul 2022 - Sep 2022 Median sale price $399K Median list price $396K Oct 2022 - Dec 2022 Median sale price $383K Median list price $500K Jan 2023 - Mar 2023 Median sale price $390K Median list price $539K Apr 2023 - Jun 2023 Median sale price $519K Median list price $470K Jul 2023 - Sep 2023 Median sale price $497K Median list price $522K Oct 2023 - Dec 2023 Median sale price $515K Median list price $475K Jan 2024 - Mar 2024 Median sale price $441K Median list price $390K Apr 2024 - Jun 2024 Median sale price $489K Median list price $503K Jul 2024 - Sep 2024 Median sale price $503K Median list price $495K Oct 2024 - Dec 2024 Median sale price $446K Median list price $437K Jan 2025 - Mar 2025 Median sale price $425K Median list price $393K Apr 2025 - Jun 2025 Median sale price $361K Median list price $371K Jul 2025 - Sep 2025 Median sale price $366K Median list price $385K Oct 2025 - Dec 2025 Median sale price $392K Median list price $369K Jan 2026 - Mar 2026 Median sale price $355K Median list price $435K Apr 2026 - Jun 2026 Median sale price $365K Median list price $342K Jul 2026 - Sep 2026 Median sale price $342K Median list price $396K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
28
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Jul 2026 - Sep 2026).

Inventory in Wallace has expanded notably in this rolling three‑month view, with active listings up about 18 percent year over year to 89. Months of supply has climbed to 4.7, a sharp rise of roughly 73 percent from last year, signaling more options for shoppers. Contract activity is still solid, with homes sold up about 5 percent annually and pending sales rising roughly 11 percent, even as new listings have only inched higher compared with a year ago.

Prices are adjusting to these changing conditions. The typical home value over the latest three months is down about 7 percent from a year earlier, even while the median list price has nudged a few percent higher year over year, suggesting sellers are still testing the upper end of the market. Even with more inventory, homes are selling in a median of 41 days, slightly faster than a year ago, and the average sale‑to‑list ratio has edged up to just under 100 percent.

Signs of buyer interest remain visible, with more than a quarter of properties going off market within two weeks and the share of homes selling above list price rising compared with last year. At the same time, rising months of supply and modest price declines give buyers more leverage and room to negotiate. In this mixed environment, Agent Pronto can connect buyers seeking value and sellers aiming to price strategically with an agent who understands Wallace’s current dynamics.



Learn more about what Wallace has to offer.

Wallace offers residents a welcoming, close-knit community with safe neighborhoods, convenient local amenities, abundant outdoor spaces, and engaging events that foster connection and a strong quality of life.

Wallace sets itself apart from nearby communities like Pace and Milton with a distinctly rural feel and a slower daily rhythm, while still keeping key conveniences within easy reach. Many homes sit on larger lots, and quiet roads make it appealing for those who value elbow room and privacy but still commute toward Pensacola or the surrounding employment centers.

Outdoor life is a big part of local identity. Residents head to Blackwater River State Forest for hiking and paddling, or launch a boat via nearby Escambia River access points. Families often spend weekends exploring Arcadia Mill Archaeological Site and its boardwalks, while youth sports and school events at Central School help anchor community connections.

Local errands are typically handled in Santa Rosa County hubs such as Bagdad and East Milton, where you will find groceries, dining, and services. Growth along the corridor toward Pace and Pensacola continues to influence prices and new construction, which makes timing and preparation especially important.

Whether you are weighing the sale of long‑held acreage or considering a move to Wallace for more space and a quieter lifestyle, the right real estate guidance can make a significant difference. Agent Pronto connects buyers and sellers with an agent who understands Wallace’s evolving market, helping you prepare, price, and move forward with confidence.

Find your Wallace real estate agent today →


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“Dylan was the right person to sell our house! He was a neighbor of ours in North Hill and knew the challenges and joys of living in a historic home. He guided us expertly but let us take the lead in our choices. He responds very promptly to our questions and concerns. He has a lot of resources at his fingertips and is a problem-solver. He’s very respectful in all interactions. I’ve already recommended him to two friends and he was able to put their needs into action quickly. I have to say , that our sale was delayed by Hurricane Isaias with some damage to the grounds and roof but all repairs were done very quickly due to his knowledge of reputable contractors.I recommend him highly and it was a pleasure working with him!”

lynncrawford47 ·

Photo of Dylan Smith
Levin Rinke Realty
“Nancy is knowledgeable, sweet, courteous, helpful, personable, and fun! We love her and cannot recommend her enough! We moved from another state and she made the process painless. Thank you again Nancy!!!!! - Bryan and Sharra”

bryanandsharra ·

Photo of The Talley Group
Keller Williams Realty Gulf Coast
“Stephanie Bartek was everything we could have asked for in a realtor and more. She stepped in after our agent, Travis, tragically passed away and never missed a beat. During such a difficult time, she handled the transition with compassion and professionalism and kept everything moving smoothly. She was excellent with negotiations, offered thoughtful ideas, and helped us navigate the entire sale from out of state. She truly provides full service. When we had belongings left behind after our move, Stephanie and her husband loaded them into moving pods at no cost to us. That kindness and willingness to go above and beyond meant so much to our family. Stephanie took care of both the sale and the people behind it. We are so grateful for everything she did and wholeheartedly recommend her!”

Patricia Polk · Milton, FL

Photo of Stephanie Bartek
Century 21 AmeriSouth Realty
“Do yourself a favor and choose Matt if you want a smooth real estate transaction. He is an excellent communicator, calm, and incredibly reliable. He handled every detail, including marketing, scheduling appraisals and inspections, coordinating with contractors, and ensuring everything stayed on track. The entire process was completed on time, and I closed exactly as scheduled. One word sums up Matt perfectly: exceptional! He exceeded my expectations every step of the way.”

Lori Lukehart ·

Photo of Matt Jones
Keller Williams Realty Gulf Coast
“Selling our condo was a much smoother experience than I expected, and I truly have Larry to thank for that. From the very beginning, he was knowledgeable, responsive, and incredibly professional. Night or Day, weekday or weekend Larry answered the phone and communicated actively any information about the process to us. A true professional. He guided us through every step of the process, answered all of my questions, and always made us feel confident in the decisions we were making. What impressed me most was his negotiation skills. Larry advocated for our best interests every step of the way and worked hard to secure the best possible outcome. We always felt like he had our back and never settled for less than what our home was worth. If you’re looking for an agent who is honest, strategic, communicative, and genuinely invested in their clients, we can’t recommend Larry Lazar highly enough. Selling a home can be stressful, but he made the entire process seamless. We would absolutely work with him again and recommend him to anyone buying or selling a home.”

Karen Collins-Boddy ·

Photo of Larry Lazar
Charles Rutenberg Realty Charles Rutenberg
“I’ve known Stephanie for 10 years, and when she became an agent, she was my obvious first choice to help me buy my first house. She went above and beyond when the closing on the first home unexpectedly fell through. I was facing a hard deadline to move out of my rental and had a vacation coming up. She worked absolute miracles and got me under contract and closed on a second home in just two weeks! She is incredibly hardworking, dependable, and genuinely cares about her clients.”

bethanyv1208 ·

Photo of Stephanie East
Key Impressions LLC
“We highly recommend Travis Crow of Century 21. We closed on our property last week, and throughout the entire process he kept us informed every step of the way. He promptly responded to our calls and text messages whenever we had questions, and his communication was excellent. Travis was professional, knowledgeable, and always represented our interests well. He proved to be trustworthy, respectful, and a pleasure to work with from start to finish. We truly appreciated his dedication and would not hesitate to recommend him to anyone looking for an outstanding realtor.”

Gerald Johnson · Milton, FL

Photo of Travis Crow
Century 21 AmeriSouth Realty
“Tonilynn was amazing! Very responsive and knowledgeable. We were home shopping from out of state, she did multiple virtual tours and worked with us when we were in town also. Would recommend to friend and family!”

Sarah Kemph ·

Photo of Tonilyn Prochnow
HomeSmart Sunshine Realty
“Lauren was absolutely fantastic to work with! She was professional, knowledgeable, and always willing to go the extra mile to make sure everything went smoothly. If she encountered something unfamiliar, she took the time to learn and find the right answers rather than guessing. Her dedication, responsiveness, and commitment to her clients really set her apart. We couldn't have asked for a better realtor and highly recommend Lauren to anyone looking to buy or sell a home!”

Ashly McCloskey ·

Photo of Lauren Peterson
1st Class Real Estate Elevate
“I have worked on a few loans with Barbara and Dean and I love them more and more each time. They're so knowledgeable about the area and truly care about their clients. They go above and beyond every time for the client. They're also very responsive across the board. They have also been in the business long enough that they have contacts for each issue that may arise. They are truly a blessing to my heart and brain. I know it will be a breeze when they are the agents in our clients corner!”

Aimee cooke ·

Photo of Team McNeil
RE/MAX Select Partners
“Charles was the only agent that responded. On my first call with in hours . He did a fantastic job for me . Always responded within minutes of any questions. Charles stayed in contact with me on any inspection , ,contract changes it was a very pleasant experience .”

ron mcgrew ·

Photo of Charles Kelley
Kelley Real Estate Co., LLC
“We’ve been really blessed to work with Amy Wise and her fabulous Wise Group. They helped us sell three homes for our family, and through the whole process they were honest, hardworking, and always looking out for our best interest. Selling houses can be stressful, but they made it feel simple and kept us informed every step of the way. You can tell they care about people and carry strong Christian values in how they do their work. We’re truly grateful and would recommend them to anyone without hesitation.”

Gary Glover ·

Photo of The Wise Choice Team
Levin Rinke Realty
“CJ Hamilton is an absolute shark when it comes to real estate-in the best way possible. He knows the market, stands his ground, and will not put up with any funny business from the other side. At the same time, he has a great sense of humor and knows how to keep things light, even when the process starts to feel daunting or stressful. Having someone like CJ in your corner makes all the difference. He's professional, dependable, and truly someone you can count on. If you're looking for an agent who will fight for you but still keep you laughing along the way, CJ is”

lattahinkson ·

Photo of CJ Hamilton
Keller Williams Realty Gulf Coast
“I’ve worked with Walter on at least half a dozen real estate transactions in the Pensacola area, and he has been outstanding every time. He is knowledgeable, responsive, and consistently puts his clients’ interests first. Beyond his professionalism, Walter is a family man who is deeply involved in his church and the local community, which really shows in the way he treats people. He’s a pleasure to work with, and I recommend him without hesitation.”

Ryan Barnett ·

Photo of Walter Pierce
Levin Rinke Realty
“Lorie Phillips has worked patiently with me for two and a half years looking for my forever home. I told her that I was in no hurry, that I knew I was going to settle in the greater Pensacola area and I wanted a home that I will live in forever. I gave her the mission based on exactally what I wanted and she plugged the information into her magic system. She and I tweaked it as my desires changed as time went on. I felt sorry for her putting up with me, I had to have been a monster of a client, but I made her a promise, that I would never quite on her as long as she never quite on me. Well we both kept that promise that we made. Lorie I love you like a sister. Thank you, Sang and I love our new home. You hit the Bulls Eye! Your truly the best I have ever worked with. May God bless you and your family. James B. Rowell U.S Army First Sergeant Retired”

James Rowell · Pace, FL

Photo of Sticks & Stones Group
Jacobson & Co Real Estate
“Melissa was absolutely amazing to work with! She is on top of her business more than any agent I've ever worked with. She is incredibly knowledgeable and responsive. Melissa helped me every step of the way including offering recommendations for any and all other service providers I might need. She was always willing to help even after the close of the house which was incredibly kind. Being an out of state investor, she made the process as easy and seamless as possible without ever even visiting the property. I would highly recommend Melissa to anyone and especially out of state investors who aren't able to physically visit the area!”

Scott McQuistan ·

Photo of Melissa Haworth
eXp Realty LLC
“Mike Hinkle is truly one of the best! He came highly recommended, and now I see why. From the very start, he was professional, knowledgeable, and always quick to respond. He guided me through every step of buying my triplex and made the entire process smooth and stress-free. Even after closing, Mike has continued to be just as helpful. His service after the sale has been incredible, he always answers when I reach out and is happy to offer advice or point me in the right direction. It’s clear he genuinely cares about his clients long after the deal is done. I couldn’t be happier with my experience and the deal Mike helped me secure. I’d recommend him to anyone looking to buy or sell. Honestly, I’d buy another property just to work with him again!”

Christopher Allen ·

“Dallas is a great guy, a good friend, and a knowledgeable realtor above it all. He assisted me during the whole process and helped me with the builder and builder rep during the construction and close of my home. Dallas is willing to go above and beyond to assist and he's always smiling and happy while helping! I would recommend Dallas to anyone in the home buying or selling process.”

scotthassler9 ·

Photo of Dallas Skornia
Levin Rinke Realty
“She explained everything and excellent personality.”

Laura Garcia · Pensacola, FL

Photo of Jessica Moultrie
Century 21 AmeriSouth Realty
“Jon was straight and forward with me from the start- which is how I prefer to work.. he followed through with everything he said, and made the process easier for me.. thank you so much”

briannaoeser ·

Photo of Jon Gardner
Dalton Wade Real Estate Group

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Wallace. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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