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 April 2021

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

$245,250

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$37,750(+18.2%)

Key Takeaway

Homes in Eau Claire have sold for 18.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 $119.9K$105K
-12.4%
2 $165K$180K
+9.1%
3 $189.5K$249.9K
+31.9%
4 $255K$314.9K
+23.5%
5+ $230K$389.5K
+69.3%

How many homes are available in Eau Claire, WI?

Number of Homes For Sale

Mar 2022Apr 2022%
173210+21.4%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 63
-50.0%
2 3544
+25.7%
3 7382
+12.3%
4 4459
+34.1%
5+ 1522
+46.7%

Number of Homes Sold

Mar 2022Apr 2022%
5759+3.5%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

37 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. 62.7% of homes here sold above asking price last month.

Average Sale Time

Apr 2021Apr 2022%
25 Days41 Days+67.0%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Eau Claire has remained consistent over time.

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

About Eau Claire, WI

Number of homes for sale in Eau Claire, WI real estate market have reached 210. The inventory of homes for sale in Eau Claire, WI between March 2022 and April 2022 increased by 21.4%. In April 2022, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $245,250. Listing prices have changed in this real estate market between March 2022 and April 2022: prices of 1 bedroom properties went down by 12.4%, 2 bedrooms properties became 9.1% more expensive, 3 bedrooms properties became 31.9% more expensive, prices of 4 bedrooms properties went up by 23.5%, the cost of 5 bedrooms properties went up by 69.3%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes decreased by 50%, volume of 2 bedrooms homes went up by 25.7%, 3 bedrooms homes inventory increased by 12.3%, 4 bedrooms homes became 34.1% more available, the quantity of 5 bedrooms homes went up by 46.7%. While more than 37 listings in Eau Claire, WI in April 2022 were sold above asking price, there were more than 11 listings sold at asking price, and more than 11 were sold below.

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