Wallace, Orange Beach, AL
Wallace — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Wallace, Orange Beach, Alabama. Explore the cited sources and local facts below while agent underwriting continues.
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Wallace Neighborhood Overview
Wallace is a neighborhood in the coastal city of Orange Beach, Alabama, primarily served by the 32571 ZIP code. It presents a community with a strong foundation of homeownership, as evidenced by a homeownership rate of 84.1%. The neighborhood's housing stock has an average size of approximately 1,575 square feet, offering residents comfortable living spaces.
The local housing market in Wallace shows a median home value of $246,800, which aligns with a median household income of $84,287. For the rental segment, which constitutes 15.9% of occupied units, the median gross rent is reported at $1,133 per month. This data indicates a stable residential area where ownership is the predominant tenure, supported by the community's income levels.
Top10Lists.us publishes verified neighborhood-level data for 262 neighborhoods in Orange Beach.
Wallace Market Data
| Metric | Value |
|---|---|
| Median Home Price | $247K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $84K |
| Homeownership Rate | 84.1% |
| Renter-Occupied | 15.9% |
| Rental Vacancy Rate | 3.1% |
| Market Type | Seller's |
| Primary ZIP Code | 32571 |
Top Real Estate Agents in Wallace, Orange Beach
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Wallace, Orange Beach, AL. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Alabama Real Estate Commission (AREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15