Is Eau Claire County, 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 County has remained a Seller's Market.
Key Takeaway
Eau Claire County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Eau Claire County, WI
How much do homes in Eau Claire County, WI cost?
Median Sold Price
$295,166
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Eau Claire County have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in Eau Claire County was $295,166 in May 2024, up 7.3% 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 | $106.2K | $140K | +31.8% |
| 2 Bedrooms | $222.7K | $214.9K | -3.5% |
| 3 Bedrooms | $260K | $290K | +11.6% |
| 4 Bedrooms | $358K | $357.7K | -0.1% |
| 5+ Bedrooms | $459K | $500K | +8.9% |
Summary: Eau Claire County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.8%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes increased by 11.6%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes increased by 8.9%.
Median Sold Price Compared To Nearby Counties
| Eau Claire County | $275K | $295.1K | +7.3% |
| Dunn County | $269.6K | $287.9K | +6.8% |
| Trempealeau County | $235K | $240K | +2.1% |
Housing Supply in Eau Claire County, WI
How many homes are available in Eau Claire County, WI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 418 | 479 | +14.6% |
Summary: The Eau Claire County real estate market had 479 homes for sale in May 2024, a 14.6% 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 | 68 | 76 | +11.8% |
| 3 Bedrooms | 171 | 188 | +9.9% |
| 4 Bedrooms | 119 | 149 | +25.2% |
| 5+ Bedrooms | 56 | 61 | +8.9% |
Summary: The Eau Claire County 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 11.8%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 25.2%, and 5+ bedroom homes increased by 8.9%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 83 | 109 | +31.3% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
59 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eau Claire County, you could pay more than the asking price. 54.1% of homes here sold above asking price last month.
Summary: A total of 109 homes were sold or pending in Eau Claire County in May 2024, up by 31.3% month-over-month. Of the 109 sold homes, 24% were sold under asking, 22% were sold at asking, and 54% were sold over asking.
Days on Market for Eau Claire County, WI
How long does it take to sell a home in Eau Claire County, WI?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 10 Days | 39 Days | +274.3% |
Summary: Homes in Eau Claire County had an average of 39 days on market in May 2024, up by 274.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Eau Claire County has remained consistent over time.
Summary: During May 2024, 109 homes were sold in Eau Claire County; 3% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
