Wallace, CA Housing Market
$548,813
4.0% 1-yrThe average Wallace, CA home value is $548,813, down 4.0% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Wallace Key Takeaways
Typical Home Values: $548,813
1-Year Value Change: -4%
(Data through August 31, 2026)
Wallace Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Wallace
- NameMedian ZHVI
- Paloma--
- La Morada$538,685
- Fox Creek$370,257
- Weber Ranch$449,267
- Elkhorn$558,026
- Tam O'Shanter$392,172
- Ponce de Leon$391,730
- El Pinal$479,031
- Stonewood$445,166
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Wallace Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Wallace, CA?
The median home value in Wallace, CA is $548,813 as of August 2026. This represents a 0.3% decrease compared to last month and a 4.0% decrease year-over-year.
How have home values changed in Wallace, CA?
Home values in Wallace, CA have decreased by 0.3% month-over-month and 4.0% year-over-year.
How do home values in Wallace, CA compare to Calaveras County, California, and the national average?
The median home value in Wallace, CA ($548,813) compares to: Calaveras County ($432,710), California ($764,158), and the U.S. national median ($368,697).
