Market Overview
Home Prices in Eau Claire, MI
The median home value in Eau Claire, MI is $271,510 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.9% compared to a year ago and up 0% from two years prior.
Compared to the U.S. national median of $410,000, homes in Eau Claire are priced34% below average. Eau Claire is part of the Niles, MI metro area.
Over the past five years, Eau Claire home values have risen by approximately30.5%, reflecting strong long-term appreciation in this market.
Price History
Eau Claire Home Price Trend
City Comparison
Eau Claire vs. National Median
At $271,510, homes in Eau Claire cost 34% below the national median of $410,000. This makes Eau Claire a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Eau Claire?
20% Down Payment
$54,302
on $271,510
Monthly P&I
$1,416/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,798/mo
incl. taxes & insurance
Income Needed
$71,920
gross annual (30% rule)
10% Down Option
$27,151
+ PMI applies
Loan Amount (20% dn)
$217,208
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Eau Claire, MI?
The median home value in Eau Claire is $271,510 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.9% year-over-year.
How much have home prices changed in Eau Claire?
Over the past year, home values in Eau Claire have increased by 9.9%. Over five years, prices have risen approximately 30.5%.
How much do I need to earn to buy a home in Eau Claire?
To comfortably afford the median home price of $271,510 with a 20% down payment ($54,302) at today's rates (6.8%), you'd need a gross annual income of approximately $71,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Eau Claire compare to the national average home price?
The national median home value is approximately $410,000. At $271,510, homes in Eau Claire are 34% below the national average.
What metro area is Eau Claire part of?
Eau Claire is part of the Niles, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.