Eau Claire Housing Market Report December 2024Eau Claire County, Wisconsin

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Housing Prices in Eau Claire, WI

How much do homes in Eau Claire, WI cost?

Housing Market Conditions

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

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Eau Claire is a Seller's Market

Difference Since November 2024

Last month, Eau Claire has remained a Seller's Market.

Insight

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

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$290,000$153/SqFt

Based on all homes sold in December 2024

Insight

The sold price of homes in Eau Claire has remained the same since last month.

Summary: The median home sold price in Eau Claire was $290,000 in December 2024, the same as last month, and the median price per square foot was $153.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
Washington
+28.4%
Eau Claire
0.0%
Union
-46.8%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsNov 2024Dec 2024Change MoM
1$145K-
N/A
2$222K$186.2K
-16.1%
3$288K$260K
-9.7%
4$355K$316.9K
-10.7%
5$649.9K$728.7K
+12.1%

Summary: Eau Claire housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -16.1%. The home price for 3 bedroom homes decreased by -9.7%. The home price for 4 bedroom homes decreased by -10.7%. The home price for 5 bedroom homes increased by +12.1%.

Housing supply in Eau Claire, WI

How many homes are available in Eau Claire, WI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
304Last MonthDec 2024
3612 months agoNov 2024
-15.8 %
Change MoMNov – Dec

Summary: The Eau Claire real estate market had 304 homes for sale in Dec 2024, a 15.8 % decrease compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
65Last MonthDec 2024
962 months agoNov 2024
-32.3 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
143
-25.0%
26257
-8.1%
3163131
-19.6%
49876
-22.4%
53437
+8.8%

Summary: Eau Claire housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -25.0%. The inventory for 2 bedroom homes decreased by -8.1%. The inventory for 3 bedroom homes decreased by -19.6%. The inventory for 4 bedroom homes decreased by -22.4%. The inventory for 5 bedroom homes increased by +8.8%.

Asking Price vs. Sold Price

How much do homes in Eau Claire, WI cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price15 Homes

At Asking Price23 Homes

Under Asking Price27 Homes

Insight

If you're buying a home in Eau Claire, you may be able to get a good deal. 41.5% of homes here sold below asking price last month.

Summary: A total of 65 homes were sold or pending in Eau Claire in December 2024, down by 32.3% month-over-month. Of the 65 sold homes, 42% were sold under asking, 35% were sold at asking, and and 23% were sold over asking.

Days on Market for Eau Claire, WI

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

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days3 Homes

Over 90 Days1 Home

Insight

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

Summary: During December 2024, 65 homes were sold in Eau Claire; 3% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
53 DaysLast MonthDec 2024
54 Days1 month agoNov 2024
-2.0 %
Change MoMNov – Dec

Summary: Homes in Eau Claire had an average listing age of 53 days in Dec 2024, down by 2.0% compared to the previous month.

Newest Listings in Eau Claire, WI

What homes are available in Eau Claire, WI?

MLS Disclaimers and Copyright

Based on information from Wisconsin Real Estate Exchange, and NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc. for the period 11/01/2024 - 01/01/2025

© 2025 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:22:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.