Eau Claire appreciation rates and housing market information

Eau Claire housing market information

With 61,516 people, 24,753 houses or apartments, and a median cost of homes of $152,061, Eau Claire real estate and house prices are near the national average for all cities and towns.

single-family detached homes are the single most common housing type in Eau Claire, accounting for 57.52% of the city's housing units. Other types of housing that are prevalent in Eau Claire include duplexes, homes converted to apartments, or other small apartment buildings (21.57%), large apartment complexes or high rise apartments (14.67%), row houses and other attached homes (4.02%), and a few mobile homes or trailers (2.23%).

People in Eau Claire primarily live in small (one, two, or no bedroom) single-family detached homes. Eau Claire has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Eau Claire built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Eau Claire built from 1940-1969 (31.24%). A lesser amount of the housing stock also hails from 1939 and earlier (22.16%), and some were built from 1995 and later (22.16%).

Eau Claire home appreciation rates

Eau Claire's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Eau Claire during the period has been just 5.35%, which is lower than % of US communities.

Over the last year, Eau Claire appreciation rates have trailed the rest of the nation. In the last twelve months, Eau Claire's appreciation rate has been -0.61%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Eau Claire were at -0.32%, which equates to an annual appreciation rate of -1.28%.

Relative to Wisconsin, our data show that Eau Claire's latest annual appreciation rate is higher than 37% of the other cities and towns in Wisconsin.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Eau Claire differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Eau Claire - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Eau Claire real estate investment or home purchase decisions.