Photo: JERRYE & ROY KLOTZ MD · CC BY-SA 3.0113 homes sold in Wallace Township in the last year, at a typical $695K
Redfin reports Wallace Township’s sales by ZIP code, so these figures are for ZIP 19343, which takes in Wallace Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Wallace Township homes are listed.
Every place Wallace Township homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Wallace Township.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 80% of Wallace Township’s sales, at a typical $801K
113 homes sold in the year to May 2026.
typical sale · 91 sold in 12 months
- Per square foot
- $243PA $183
- Days to sell
- 41
- Sold over asking
- 59%
More homes sell than most years, at 1.8 times the 2016 price
113 sales in the last year, against 116 in 2021 and a low of 59 in 2024. The typical sale went from $386K in 2016 to $695K.
Source: Redfin Data Center, MLS sales; for ZIP 19343, which takes in Wallace Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.
What $700K buys in Wallace Township
Check a listing against what Wallace Township homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Wallace Township are more common than before the pandemic, but 21% fewer homes come up for sale
We read every month of home sales in ZIP 19343 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 113 sales.
If you’re buying in Wallace Township
- Shop in May. It brings about 12 new listings a month, close to the busiest month, with fewer bidding wars (32% over asking).
- Expect to bid over asking. Buyers paid 108.5% of the list price on average; 64% paid over.
- You’ll usually have time. Only 44% of homes go under contract within two weeks; the typical one takes 43 days.
Summer brings the homes; winter brings the bidding wars
June has the most new listings (about 14 a month), but December is the most competitive: 36% of December sales close over asking. March has the least competition (28%) but only about 8 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than Pennsylvania
| Wallace Township now | 2017–19 | 2021 peak | PA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 64% | 17% | 57% | 33% |
| Gone within two weeksShare of homes under contract within 14 days | 44% | 27% | 71% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | — | — | — | 26% |
| Price paid vs. askingAverage sale price ÷ list price | 108.5% | 97.9% | 103.1% | 98.9% |
| Days to sellMedian days from listing to contract | 43 | 69 | 33 | 37 |
32 homes for sale on a typical day
That’s 2.8 times the 2023 low (11), 21% fewer than in 2017–19 and well under 2012’s 55.
Source: Redfin Data Center, ZIP code tracker; for ZIP 19343, which takes in Wallace Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Wallace Township home costs about $4,345 a month
Price: Wallace Township’s typical sale, last 12 months. Property tax at Wallace Township’s 1.2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Wallace Township is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. January has the fewest, about 5.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $695K home, about $8,630 a year.
Taxes vs. neighborsSchools
The schools grade for Wallace Township, from test results, graduation and how much students grow.
Schools in Wallace TownshipTypical commute
The average one-way trip to work for people who live in Wallace Township.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Elverson, Caln Township, Thorndale and Coatesville sell for less a square foot
The busier markets within 25 miles of Wallace Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Downingtown | 119 | $442K | $248 | 47% | 34 |
| Wallace Township (ZIP 19343) | 113 | $695K | $248 | 64% | 43 |
| Coatesville | 104 | $232K | $147 | 35% | 37 |
| Thorndale | 39 | $400K | $227 | 49% | 36 |
| Elverson | 24 | $446K | $211 | 25% | 32 |
| Eagleview | 23 | $696K | $242 | 48% | 26 |
| Caln Township | 20 | $298K | $214 | 55% | 36 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Wallace Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Wallace Township. People who follow the town see it, and so do people comparing Wallace Township with their own town. No commission, no listing fee.
Questions about buying a home in Wallace Township
What do homes sell for in Wallace Township, PA?
113 homes sold in the year to May 2026 at a typical $695K, $248 a square foot.
Is Wallace Township a buyer’s or seller’s market?
A seller’s market: 36 homes were for sale in May 2026 and 10 sold, about 3.4 months of supply. Buyers paid 108.5% of asking on average.
When is the best time to buy in Wallace Township?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Wallace Township?
About 1.2% of a home’s value a year. On a $695K home that’s near $8,630.
Where can I see homes for sale in Wallace Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Wallace Township’s MLS listings; the search links above open each one filtered to Wallace Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 19343, which takes in Wallace Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).