Market Overview
Home Prices in Eleva, WI
The median home value in Eleva, WI is $399,036 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.1% compared to a year ago and down 2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Eleva are priced3% below average. Eleva is part of the Eau Claire, WI metro area.
Over the past five years, Eleva home values have risen by approximately13.8%, reflecting steady appreciation in this market.
Price History
Eleva Home Price Trend
2020
$300,337
$300K
—
2021
$350,780
$351K
+16.8%
2022
$376,877
$377K
+7.4%
2023
$392,682
$393K
+4.2%
2024
$394,996
$395K
+0.6%
2025
$387,220
$387K
-2.0%
2026
$399,036
$399K
+3.1%
City Comparison
Eleva vs. National Median
🏠 Eleva
$399,036
National Median
$410,000
At $399,036, homes in Eleva cost 3% below the national median of $410,000. This makes Eleva a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Eleva?
20% Down Payment
$79,807
on $399,036
Monthly P&I
$2,081/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,643/mo
incl. taxes & insurance
Income Needed
$105,720
gross annual (30% rule)
10% Down Option
$39,904
+ PMI applies
Loan Amount (20% dn)
$319,229
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 Eleva, WI?
The median home value in Eleva is $399,036 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.1% year-over-year.
How much have home prices changed in Eleva?
Over the past year, home values in Eleva have increased by 3.1%. Over five years, prices have risen approximately 13.8%.
How much do I need to earn to buy a home in Eleva?
To comfortably afford the median home price of $399,036 with a 20% down payment ($79,807) at today's rates (6.8%), you'd need a gross annual income of approximately $105,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Eleva compare to the national average home price?
The national median home value is approximately $410,000. At $399,036, homes in Eleva are 3% below the national average.
What metro area is Eleva part of?
Eleva is part of the Eau Claire, WI metropolitan area. Home prices and market conditions can vary across the broader metro region.