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 a population of 72,331, 676 total housing units (homes and apartments), and a median house value of $345,773, Eau Claire real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Eau Claire, accounting for 70.30% of the city's housing units. Other types of housing that are prevalent in Eau Claire include row houses and other attached homes ( 17.82%), duplexes, homes converted to apartments or other small apartment buildings ( 10.47%), and a few mobile homes or trailers ( 1.41%).
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 72.67% of Eau Claire's homes, and 71.00% 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 2000 and later ( 29.14%). A lesser amount of the housing stock also hails from between 1940-1969 ( 25.74%). There's also some housing in Eau Claire built before 1939 ( 6.22%).
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 101.99%, which ranks in the top 40% nationwide. This equates to an annual average Eau Claire house appreciation rate of 7.28%.
NeighborhoodScout's data show that during the latest twelve months, Eau Claire's appreciation rate, at 4.47%, has been at or slightly above the national average. In the latest quarter, Eau Claire's appreciation rate has been -1.68%, which annualizes to a rate of -6.55%.
Notably, Eau Claire's appreciation rate in the latest quarter is one of the lowest in America.
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.
$345,773
for Wisconsin
for nation
676
$1,448 / per month