Home Values in Eau Claire, Wisconsin — 2026 Market Report
Updated March 2026 | Balanced Market | +5.3% YoY
The median home value in Eau Claire, Wisconsin is $235,000 as of March 2026, which is below the national median of $400,000. Home values in Eau Claire have increased by 5.3% over the past year and 29.5% over the last five years. With a population of 69,421 and a median household income of $48,250, the price-to-income ratio stands at 4.9x, making Eau Claire affordable for the average household.
Eau Claire Housing Market Conditions
| Metric | Eau Claire | National Avg |
|---|---|---|
| Median Home Value | $235,000 | $400,000 |
| YoY Appreciation | +5.3% | +3.8% |
| 5-Year Appreciation | +29.5% | +22.4% |
| Price per Sq Ft | $80 | $222 |
| Days on Market | 37 days | 45 days |
| Months of Supply | 3.9 | 3.5 |
| List-to-Sale Ratio | 97.9% | 98.5% |
| Monthly Homes Sold | 62 | — |
| Foreclosure Rate | 0.52% | 0.3% |
Home Value Trends in Eau Claire
A homeowner who purchased at the median price of $181,467 five years ago in Eau Claire would have gained approximately $53,533 in equity, representing a 29.5% return on investment. Over the past year alone, the typical homeowner gained $11,828 in home equity.
Affordability in Eau Claire, WI
With a median household income of $48,250 and a median home price of $235,000, the price-to-income ratio in Eau Claire is 4.9x. A ratio below 3x is generally considered affordable, while above 5x indicates significant affordability challenges. The average monthly rent of $1,714 compared to estimated monthly ownership costs of $1,461 gives a rent-vs-buy ratio of 0.85. In Eau Claire, buying is currently competitive with renting when factoring in equity accumulation.
Property Taxes in Eau Claire
The effective property tax rate in Wisconsin is 1.76%. On a home valued at $235,000, the estimated annual property tax bill is $4,136, or approximately $345/month. Property taxes are an important factor in the total cost of homeownership and can significantly impact affordability. The cost of living index in Eau Claire is 89.5 (100 = national average), indicating living costs are below the national average.
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Open Mortgage CalculatorFrequently Asked Questions
What is the median home value in Eau Claire, WI?
The median home value in Eau Claire, Wisconsin is $235,000 as of March 2026. Home values have changed +5.3% over the past year, with a 5-year appreciation of 29.5%.
Is Eau Claire a buyer's or seller's market?
Eau Claire is currently a balanced market with 3.9 months of housing supply. Homes spend an average of 37 days on market, and the list-to-sale price ratio is 97.9%. Supply and demand are relatively balanced.
Are home values going up in Eau Claire?
Yes, home values in Eau Claire have increased by 5.3% over the past year. The 5-year appreciation rate is 29.5%, meaning a home worth $181,467 five years ago is now worth $235,000.
Is it better to rent or buy in Eau Claire?
The average monthly rent in Eau Claire is $1,714, while estimated monthly homeownership costs are approximately $1,461. The price-to-rent ratio is 11.4. Based on current conditions, buying may be more cost-effective than renting in this market.
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Disclaimer: Home value data for Eau Claire, Wisconsin is based on publicly available market data and estimates. Actual home values may vary based on property condition, location within the city, and current market conditions. Data is updated regularly but may not reflect the most recent transactions. Last updated: March 2026.