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  4. /Eau Claire, MI - 49111

Eau Claire, MI—49111

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$269,000
9.5% YoY Growth
Household Income
$65,700
13.5% YoY Growth
Days on Market
56
75.0% Shorter YoY
Home Price Forecast
2.5%
Median Rent
$1,480
N/A
1-Bed Rent
$1,480
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 — Eau Claire, MI

As of May '26, the median home price in Eau Claire, MI is $269,000, with a year-over-year change of 9.5%. This indicates that home prices in Eau Claire, MI are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$269,0009.5%
Single Family $271,00010.2%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$241,00010.0%
    3 Bed
    		$280,0008.1%
    4 Bed
    		$353,0009.6%
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    Studio
    3.0%
    1 Bedroom
    4.3%
    2 Bedrooms
    26.2%
    3 Bedrooms
    49.5%
    4 Bedrooms
    14.6%
    5+ Bedrooms
    2.4%

    Rental Trends — Eau Claire, MI

    Eau Claire, MI lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average Rent$1,480$1,480
    Studio Rent N/AN/A
    1 Bed Rent $1,480$1,480
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
    Loading chart...

    % of Rental Stock

    1 Bedroom
    17.3%
    2 Bedrooms
    21.8%
    3 Bedrooms
    48.8%
    4 Bedrooms
    5.2%
    5+ Bedrooms
    6.9%

    Property Listings — Eau Claire, MI

    As of May '26, Realtor.com reports that the median days on market for a home in Eau Claire, MI is 56. This is a decrease of -75.0% 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 44.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$387,000-10.0%
    Listing Count
    		9-15.0%
    Listings as % of Homes0.4%-15.0%
    Days on Market
    		56-75.0%
    Loading chart...

    Demographics — Eau Claire, MI

    As of the latest ACS Survey released in 2023, Eau Claire, MI has a population of 3,120, which has decreased by -13.6% over the past 5 years. Eau Claire, MI is a moderately popular place for families, as children make up 21.1% of the population. The area has a poorly educated workforce, with 19.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.7% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		3,120-13.6%
    % Under 18
    		21.1%-6.2%
    % Seniors
    		27.1%30.3%
    % WFH
    		2.7%-59.7%
    % w/ College Degree
    		19.9%10.6%
    Loading chart...

    As of the latest ACS Survey released in 2023, Eau Claire, MI is a predominantly white area, with 79.8% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Eau Claire, MI is hispanic, making up 12.5% of the population. Foreign-born residents account for 4.1% of the population in Eau Claire, MI, and this percentage has decreased by 47.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		79.8%-1.5%
    % Black
    		3.4%-2.9%
    % Hispanic
    		12.5%-4.6%
    % Asian
    		1.1%∞%
    % Foreign Born
    		4.1%-47.4%
    Loading chart...

    Mortgage and Risk — Eau Claire, MI

    According to HUD data as of 2023, there were 37 mortgage originations in Eau Claire, MI, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 46.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Eau Claire, MI. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		37
    % Conventional Loans
    		89.0%
    % Government Loans
    		11.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		5.0%
    % Cash Out Refinance
    		11.0%
    Loading chart...
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    Rentals and Section 8 — Eau Claire, MI

    Eau Claire, MI lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		1
    Total Units Section 8
    		1
    % Rentals under Section 8
    		0.8%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$560$1,480$920
    2 BedroomN/AN/A$1,190
    3 BedroomN/AN/A$1,540
    4 BedroomN/AN/A$1,600

    Affordability — Eau Claire, MI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.5
    Median Home Price$269,000
    Median Household Income$65,700

    Eau Claire, MI — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    49102

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    49022

    Frequently Asked Questions