Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 69,441 people, 873 houses or apartments, and a median cost of homes of $256,424, 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 75.83% of the city's housing units. Other types of housing that are prevalent in Eau Claire include row houses and other attached homes ( 16.49%), mobile homes or trailers ( 6.07%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.60%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Eau Claire. Owner-occupied housing accounts for 78.77% of Eau Claire's homes, and 72.16% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Eau Claire built from 1970 to 1999 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 between 1940-1969 ( 34.25%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.53%). There's also some housing in Eau Claire built before 1939 ( 3.32%).
Appreciation rates for homes in Eau Claire have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 78.73%, which ranks in the top 50% nationwide. This equates to an annual average Eau Claire house appreciation rate of 5.98%.
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 12.37%, 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 7.01%, which equates to an annual appreciation rate of 31.14%.
Importantly, NeighborhoodScout’s exclusive research found that Eau Claire's housing market shows one of the <a href="/blog/highest-appreciating-cities">top real estate appreciation rates in the U.S.A.</a> in the latest quarter, which may signal the city’s near-future real estate investment strength.
Relative to Wisconsin, our data show that Eau Claire's latest annual appreciation rate is lower than 70% 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 2000, to assist you in making the best Eau Claire real estate investment or home purchase decisions.
Average for Nation
Average for WI