Eau Claire, MI Home Values & Market Trends

Real estate market trends reflect that there have been 43 transactions over the past year in Eau Claire. The median value for residential home transactions that occurred over the previous year is $212,269.54. The number of current listings in Eau Claire is 4, and the percentage of properties for sale in the city is 4.00%. Eau Claire, MI currently has 3 properties in foreclosure, 2 bank owned properties, 1 properties headed for auction, and 4 properties for sale.

Eau Claire, MI Real Estate Market Overview

ZipMedian Est. Value
49111

$ 122,400

$ 84/sqft

Housing Market Summary for Eau Claire, MI

Apr 2023March 2024Change
Median Listing Price$649.5K$164.7K-74.64%
Median Sold Price$139.9K$164.7K17.71%
Homes For Sale3433.33%
Homes Sold3328-15.15%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Eau Claire, MI

Eau Claire home values range from $20,674 to $2,552,577. The median estimated value of a home in Eau Claire is $212,269.54. The median list price of a home is 306,950, and the total count of properties in the city is 1,547.

Foreclosure
There is 1 zips within Eau Claire, MI; within this zips, the median estimated home value for homes in foreclosure ranges from $223,990 in 49111 to the lowest value of $118,600 in 49111. Foreclosure homes account for 0.00% of properties in Eau Claire, MI with 49111 containing 3 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Eau Claire, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Eau Claire, MI; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Eau Claire, MI ranges from the highest value of $160,697 in 49111 to the lowest value of $118,600 in 49111. Bank owned homes and properties account for 0.13% of properties in Eau Claire, MI. There is 1 zips within Eau Claire, MI; 49111 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    49111 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Eau Claire, MI. Auction homes and other auction properties account for 0.06% of all properties in Eau Claire, MI. There is 1 zips within Eau Claire, MI; of that zips, the median estimated home value for homes going to auction ranges from $223,990 in 49111 to the lowest value of $223,990 in 49111.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.26% of residential properties in Eau Claire, MI with 49111 containing 4 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Eau Claire, MI; homes for sale in that zips, have a range of median values from $485,311 in 49111 to the lowest value of $119,000 in 49111.
    Sold Homes
    The median value for recently sold homes ranges from $1,061,169 in 49111 to the lowest price of $20,674 in 49111. There is 1 zips within Eau Claire, MI. 49111 has 28 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.81% of properties in Eau Claire, MI.

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      Guide for Eau Claire, MI

      RealtyTrac Market Report
      Michigan
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan
      Detroit Real Estate Market Holds Steady: 2023 in Review
      Investment Guides
      Why Buying a Foreclosure is a Smart Move
      Market Reports
      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      See More Articles
      RealtyTrac Market Report
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan|posted 8 December 2023

      Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.

      Detroit Real Estate Market Holds Steady: 2023 in Review
      Michigan|posted 25 January 2024

      The 2023 Detroit real estate market trend showed steady average listing values and an increase in property sales, with neighboring cities displaying more fluctuation but higher property values. This reflects the city’s resilience amidst an unpredictable industry landscape.

      Why Buying a Foreclosure is a Smart Move
      Investment Guides|posted 15 November 2017

      Why Buying a Foreclosure is a Smart Move

      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Recently Listed Homes Eau Claire, MI

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