Is Eau Claire, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Eau Claire has remained a Seller's Market.
Housing Prices in Eau Claire, WI
How much do homes in Eau Claire, WI cost?
Median Sold Price
$291,800
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Eau Claire was $291,800 in May 2024, up 4.2% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | $144.4K | -6.8% |
2 Bedrooms | $207.5K | $212.4K | +2.4% |
3 Bedrooms | $264K | $290K | +9.9% |
4 Bedrooms | $365K | $365K | 0.0% |
5+ Bedrooms | $600K | $489K | -18.5% |
Summary: Eau Claire housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.8%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 9.9%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 18.5%.
Median Sold Price Compared To Nearby Cities
Seymour | $264.5K | $302.2K | +14.3% |
Eau Claire | $280K | $291.8K | +4.2% |
Housing Supply in Eau Claire, WI
How many homes are available in Eau Claire, WI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
342 | 383 | +12.0% |
Summary: The Eau Claire real estate market had 383 homes for sale in May 2024, a 12.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 49 | 53 | +8.2% |
3 Bedrooms | 139 | 149 | +7.2% |
4 Bedrooms | 102 | 125 | +22.5% |
5+ Bedrooms | 48 | 51 | +6.3% |
Summary: The Eau Claire housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 22.5%, and 5+ bedroom homes increased by 6.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
77 | 87 | +13.0% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
47 Homes Were Sold
Over Asking
Summary: A total of 87 homes were sold or pending in Eau Claire in May 2024, up by 13.0% month-over-month. Of the 87 sold homes, 29% were sold under asking, 17% were sold at asking, and 54% were sold over asking.
Days on Market for Eau Claire, WI
How long does it take to sell a home in Eau Claire, WI?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
6 Days | 35 Days | +492.6% |
Summary: Homes in Eau Claire had an average of 35 days on market in May 2024, up by 492.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 87 homes were sold in Eau Claire; 3% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.