Market Overview
Home Prices in Chippewa Falls, WI
The median home value in Chippewa Falls, WI is $342,768 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.1% compared to a year ago and up 3.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Chippewa Falls are priced16% below average. Chippewa Falls is part of the Eau Claire, WI metro area.
Over the past five years, Chippewa Falls home values have risen by approximately30.3%, reflecting strong long-term appreciation in this market.
Price History
Chippewa Falls Home Price Trend
City Comparison
Chippewa Falls vs. National Median
At $342,768, homes in Chippewa Falls cost 16% below the national median of $410,000. This makes Chippewa Falls a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Chippewa Falls?
20% Down Payment
$68,554
on $342,768
Monthly P&I
$1,788/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,271/mo
incl. taxes & insurance
Income Needed
$90,840
gross annual (30% rule)
10% Down Option
$34,277
+ PMI applies
Loan Amount (20% dn)
$274,214
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 Chippewa Falls, WI?
The median home value in Chippewa Falls is $342,768 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.1% year-over-year.
How much have home prices changed in Chippewa Falls?
Over the past year, home values in Chippewa Falls have increased by 2.1%. Over five years, prices have risen approximately 30.3%.
How much do I need to earn to buy a home in Chippewa Falls?
To comfortably afford the median home price of $342,768 with a 20% down payment ($68,554) at today's rates (6.8%), you'd need a gross annual income of approximately $90,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Chippewa Falls compare to the national average home price?
The national median home value is approximately $410,000. At $342,768, homes in Chippewa Falls are 16% below the national average.
What metro area is Chippewa Falls part of?
Chippewa Falls is part of the Eau Claire, WI metropolitan area. Home prices and market conditions can vary across the broader metro region.