Market Data & Trends

in Eau Claire, Wisconsin

Eau Claire, Wisconsin’s development patterns reflect a city experiencing steady, intentional growth. Population and employment gains are reinforcing demand for housing, commercial space, and infrastructure, while recent development activity highlights a shift toward reinvestment, infill, and mixed-use projects. Together, these trends point to a market shaped by regional job growth, evolving housing needs, and a continued focus on building places that support long-term economic resilience.

Source: All market data was sourced from the annual Community Development Report published by the City of Eau Claire Planning Division.
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Annual Construction Valuation

Annual construction valuation provides a clear signal of market momentum and investment confidence. In Eau Claire, valuation trends over time reflect sustained capital flow across multiple development cycles, offering insight into the city’s growth trajectory and relative market stability.

Total Annual Construction Valuation ($)

Development Mix Over Time

The mix of construction valuation reveals how development activity is distributed across uses. In Eau Claire, shifts in the balance between residential, commercial, industrial, and public investment help illustrate how market demand and public priorities shape the overall development landscape.

Share of Total Construction Valuation by Use ($)

Construction Valuation by Use (2025)

Period Comparison Snapshot ($)

Units Built by Type

The types and volumes of housing units delivered each year provide insight into market demand and development scale. In Eau Claire, trends in single-family, two-unit, and multifamily construction highlight how housing production is responding to changing needs and investment conditions.

Total Residential Units Built By Type

Year Units Built 1 Unit 2 Units 3+ Units Total Units
2025
38
62
381
481
2024
65
46
383
494
2023
42
80
822
944
2022
75
104
469
648
2021
72
86
489
647
2020
80
84
177
341
2019
104
68
205
377
2018
83
74
94
251
2017
79
48
101
228
2016
76
46
156
278

Average Residential Units Built by Type Since 2016

Cost Benchmarks

Construction valuation benchmarks help ground development assumptions in recent market activity. In Eau Claire, reported valuation ranges and cost trends across housing types provide a practical reference point for evaluating project scale, feasibility, and market normalization.

Single Unit

Single-Unit Average Cost ($)

Single-Family Valuation Ranges (2025)

Single-Unit Median Cost ($)

Two Unit

Two-Unit Average Cost ($)

Multi-Family Unit

Multi-Family Average Cost Per Unit ($)

City Growth

Citywide growth indicators provide important context for development activity. In Eau Claire, trends in net new construction value and total equalized value reflect the expanding tax base and overall economic strength supporting long-term investment.

Net New Construction vs. Total Valuation ($)

Total Equalized Value ($)

Dive Deeper

The City of Eau Claire Economic Development Division can answer follow-up questions, share additional data, and connect you to site and project resources.