Is Eau Claire, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eau Claire is a seller's market

Buyer's
Market

Difference Since May 2022

Since last year, Eau Claire has remained a Seller's Market.

Key Takeaway

Eau Claire is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Eau Claire, WI cost?

Median Sold Price

$272,000

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2022

+$54,250(+24.9%)

Key Takeaway

Homes in Eau Claire have sold for 24.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 $132.7K$155K
+16.8%
2 $175K$200K
+14.3%
3 $218K$260K
+19.3%
4 $315K$351K
+11.4%
5+ $351.4K$459K
+30.6%

How many homes are available in Eau Claire, WI?

Number of Homes For Sale

Apr 2023May 2023%
211251+19.0%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 11
0.0%
2 3845
+18.4%
3 92101
+9.8%
4 6278
+25.8%
5+ 1826
+44.4%

Number of Homes Sold

Apr 2023May 2023%
57570.0%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

27 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eau Claire, you could pay more than the asking price. 47.4% of homes here sold above asking price last month.

How long does it take to sell a home in Eau Claire, WI?

How long does it take to sell a home in Eau Claire, WI?

Average Sale Time

May 2022May 2023%
39 Days6 Days-84.7%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Eau Claire are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

What housing markets are near Eau Claire, WI?

About Eau Claire, WI

Eau Claire, WI has 251 homes on the market. The number of homes for sale in Eau Claire, WI increased by 19% between April 2023 and May 2023. While the average time on the market in May 2023 was 6 days, the median list price was $272,000. Between April 2023 and May 2023, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 16.8%, 2 bedrooms properties became 14.3% more expensive, prices of 3 bedrooms properties went up by 19.3%, the cost of 4 bedrooms properties went up by 11.4%, 5 bedrooms properties prices increased by 30.6%. This housing market inventory have changed: number of 1 bedroom homes remained the same, number of 2 bedrooms homes increased by 18.4%, number of 3 bedrooms homes increased by 9.8%, 4 bedrooms homes became 25.8% more available, number of 5 bedrooms homes increased by 44.4%. Eau Claire, WI housing market in May 2023 saw over 27 listings sold above listed price, more than 13 sold at listed price and over 17 sold below.