Eau Claire, WI—54703
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Eau Claire, WI
Home Price Trends — Eau Claire, WI
As of Oct '25, the median home price in Eau Claire, WI is $283,000, with a year-over-year change of 3.1%. This indicates that home prices in Eau Claire, WI are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $283,000 | 3.1% |
| Single Family | $283,000 | 2.9% |
| Condos | $288,000 | 5.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $193,000 | -1.0% |
2 Bed | $224,000 | 1.8% |
3 Bed | $275,000 | 2.6% |
4 Bed | $322,000 | 2.2% |
| 5 Bed | $355,000 | 2.0% |
% of Housing Stock
Rental Trends — Eau Claire, WI
As of July '25, Rentcast reports the average rent in Eau Claire, WI is $1,280, with a year-over-year rent change of 5.8%. Per bedroom, the median rent as of July '25 in Eau Claire, WI is studios: $1,200, 1-bedrooms: $962, 2-bedrooms: $1,140, 3-bedrooms: $1,500, 4-bedrooms: $1,630. The most common rental property sizes in Eau Claire, WI are 2-bedroom and 3-bedroom, accounting for 47.8% and 22.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,280 |
| Studio Rent | $1,200 | $1,200 |
| 1 Bed Rent | $825 | $962 |
| 2 Bed Rent | $1,050 | $1,140 |
| 3 Bed Rent | $1,420 | $1,500 |
| 4 Bed Rent | $1,760 | $1,630 |
% of Rental Stock
Property Listings — Eau Claire, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Eau Claire, WI is 58. This is a increase of 42.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $340,000 | 1.0% |
Listing Count | 129 | 1.0% |
| Listings as % of Homes | 0.3% | 1.0% |
Days on Market | 58 | 42.0% |
Demographics — Eau Claire, WI
As of the latest ACS Survey released in 2023, Eau Claire, WI has a population of 43,000, which has decreased by -2.4% over the past 5 years. Eau Claire, WI is a moderately popular place for families, as children make up 18.4% of the population. The area has a moderately educated workforce, with 31.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 43,000 | -2.4% |
% Under 18 | 18.4% | -3.7% |
% Seniors | 15.7% | 23.6% |
% WFH | 9.5% | 79.2% |
% w/ College Degree | 31.0% | 9.5% |
As of the latest ACS Survey released in 2023, Eau Claire, WI is a predominantly white area, with 84.9% of the population identifying as white. The white population has shrunk by 6.5% in the last 5 years. The second most common race or ethnicity in Eau Claire, WI is asian, making up 6.2% of the population. Foreign-born residents account for 3.3% of the population in Eau Claire, WI, and this percentage has decreased by 5.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 84.9% | -6.5% |
% Black | 1.7% | 70.0% |
% Hispanic | 3.6% | 157.1% |
% Asian | 6.2% | 44.2% |
% Foreign Born | 3.3% | -5.7% |
Mortgage and Risk — Eau Claire, WI
According to HUD data as of 2023, there were 848 mortgage originations in Eau Claire, WI, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Eau Claire, WI. Investor activity is low, as 3.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 848 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Eau Claire, WI
As of 2024, the percent of homes in Eau Claire, WI under the Section 8 program is 5.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Eau Claire, WI, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 457 |
Total Units Section 8 | 357 |
% Rentals under Section 8 | 5.3% |
% Occupied Section 8 | 75.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $85 | $825 | $910 |
| 2 Bedroom | $70 | $1,050 | $1,120 |
| 3 Bedroom | $120 | $1,420 | $1,540 |
| 4 Bedroom | -$140 | $1,760 | $1,620 |
Affordability — Eau Claire, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $283,000 |
| Median Household Income | $68,800 |