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Eleva, WI—54738

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$418,000
4.0% YoY Growth
Household Income
$93,900
37.4% YoY Growth
Days on Market
47
53.0% Shorter YoY
Home Price Forecast
0.2%
Median Rent
$335
N/A
1-Bed Rent
$750
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Eleva, WI

As of May '26, the median home price in Eleva, WI is $418,000, with a year-over-year change of 4.0%. This indicates that home prices in Eleva, WI are increasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$418,0004.0%
Single Family $418,0004.0%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    2.2%
    1 Bedroom
    5.6%
    2 Bedrooms
    21.1%
    3 Bedrooms
    43.4%
    4 Bedrooms
    15.3%
    5+ Bedrooms
    12.4%

    Rental Trends — Eleva, WI

    Eleva, WI lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average Rent$335$387
    Studio Rent $335$335
    1 Bed Rent $750$750
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    13.0%
    2 Bedrooms
    39.5%
    3 Bedrooms
    25.4%
    4 Bedrooms
    2.5%
    5+ Bedrooms
    19.5%

    Property Listings — Eleva, WI

    As of May '26, Realtor.com reports that the median days on market for a home in Eleva, WI is 47. This is a decrease of -53.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$749,00031.0%
    Listing Count
    		1320.0%
    Listings as % of Homes0.2%20.0%
    Days on Market
    		47-53.0%
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    Demographics — Eleva, WI

    As of the latest ACS Survey released in 2023, Eleva, WI has a population of 3,760, which has increased by 12.2% over the past 5 years. Eleva, WI is a popular place for families, as children make up 28.9% of the population. The area has a moderately educated workforce, with 29.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.4% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		3,76012.2%
    % Under 18
    		28.9%14.7%
    % Seniors
    		16.9%19.0%
    % WFH
    		9.4%46.9%
    % w/ College Degree
    		29.6%1.4%
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    As of the latest ACS Survey released in 2023, Eleva, WI is a predominantly white area, with 88.6% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Eleva, WI is hispanic, making up 10.0% of the population. Foreign-born residents account for 9.1% of the population in Eleva, WI, and this percentage has increased by 313.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		88.6%-2.1%
    % Black
    		0.1%-93.8%
    % Hispanic
    		10.0%284.6%
    % Asian
    		0.1%-95.5%
    % Foreign Born
    		9.1%313.6%
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    Mortgage and Risk — Eleva, WI

    Eleva, WI lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		N/A
    % Conventional Loans
    		N/A
    % Government Loans
    		N/A
    % Investor Loans
    		N/A
    % Second Loans
    		N/A
    % Cash Out Refinance
    		N/A
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    Rentals and Section 8 — Eleva, WI

    Eleva, WI lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		7
    Total Units Section 8
    		7
    % Rentals under Section 8
    		1.7%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$10$750$760
    2 BedroomN/AN/A$960
    3 BedroomN/AN/A$1,300
    4 BedroomN/AN/A$1,400

    Affordability — Eleva, WI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4
    Median Home Price$418,000
    Median Household Income$93,900

    Eleva, WI — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Strum, WI

    54770

    Eau Claire, WI

    54701

    Mondovi, WI

    54755

    Altoona, WI

    54720

    Eau Claire, WI

    54703

    Frequently Asked Questions