Eau Claire, WI Federal Housing Finance Agency Home Price Index (FHFA HPI)

Eau Claire, WI is a city located in the west-central part of the state of Wisconsin. As of the 2010 census, the city had a population of 65,883. The city is the county seat of Eau Claire County and is situated on the Chippewa River.

The Eau Claire, WI Federal Housing Finance Agency (FHFA) House Price Index (HPI) is a weighted, repeat-sales index that measures average price changes in repeat sales or refinancings on the same properties. The index covers single-family homes nationwide and offers a comprehensive view of house price trends at both the national and regional levels.

As of September 2020, the Eau Claire HPI was at 225.6, up from 224.8 in August 2020 and up from 213.3 in September 2019. This represents an annualized increase of 5.0%.

Looking at home equity in Eau Claire, WI specifically, as of September 2020 there was $17,767 worth of equity per homeowner on average - this is down slightly from $17,842 in August 2020 but up significantly from $15,326 in September 2019 (an increase of 16% year over year). In other words, homeowners in Eau Claire have seen their home equity increase by an average of $2,441 over the past 12 months thanks to rising home prices in the area.