Eau Claire, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Eau Claire Neighborhoods Since 2000




Eau Claire, WI Real Estate Data

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Eau Claire Housing Market Information

With a population of 67,778, 27,104 total housing units (homes and apartments), and a median house value of $165,342, 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 55.04% 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 ( 20.01%), large apartment complexes or high rise apartments ( 17.35%), and a few row houses and other attached homes ( 6.11%).

The most prevalent building size and type in Eau Claire are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 49.79% owning and 50.21% renting.

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 ( 26.02%). A lesser amount of the housing stock also hails from before 1939 ( 18.52%). There's also some housing in Eau Claire built between 2000 and later ( 12.76%).

Eau Claire Home Appreciation Rates

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 10.22%, which ranks in the top 30% nationwide. This equates to an annual average Eau Claire house appreciation rate of 0.98%.

Appreciation rates are so strong in Eau Claire that despite a nationwide downturn in the housing market, Eau Claire real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Eau Claire appreciation rates continue to be some of the highest in America, at 8.91%, which is higher than appreciation rates in 90.49% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Eau Claire. Eau Claire appreciation rates in the latest quarter were at 2.25%, which equates to an annual appreciation rate of 9.31%.

Importantly, this makes Eau Claire one of the highest appreciating communities in the nation for the latest quarter, and 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 higher than 90% 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 Home Values

 

Median Home Value:
$165,342

Eau Claire, WI HOME PRICES

Value Range
> $1,143,000 0.1
$857,001 - $1,143,000 0.1
$572,001 - $857,000 0.6
$457,001 - $572,000 1.2
$343,001 - $457,000 4.6
$229,001 - $343,000 15.5
$114,001 - $229,000 57.7
$57,001 - $114,000 15.6
$0 - $57,000 4.6

Average for WI
Average for Nation

Value Relative to Nation Value Relative to State
43.5016992851283 54.0041067761807

Number Of Homes And Apartments:
27,104

Eau Claire Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WI*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
40.98% 2.01% 8 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,006 / per month

Homeownership Rate

Homeownership
Owners 49.79
Renters 50.21
Vacant 5.20

Housing Market Details

 

Age of Homes

AGE OF Eau Claire HOMES
2000 or Newer 12.8
1970 - 1999 42.7
1940 - 1969 26.0
1939 or Older 18.5

Types of Homes

TYPE OF Eau Claire HOMES
Single-Family 55.0
Townhomes 6.1
Small Apt. Buildings 20.0
Apt. Complexes 17.3
Mobile Homes 1.5
Other 0.0

Home Size

SIZE OF Eau Claire HOMES
No Bedroom 1.66
1 Bedroom 11.87
2 Bedrooms 33.83
3 Bedrooms 36.64
4 Bedrooms 13.47
5 or more bedrooms 2.53