53405 Home Values & Market Trends

There are 4 homes currently listed for 53405. 53405 real estate market trends show that home prices range from $169,900 to $209,900, and the median sales price in the 53405 zip code is $191,343.25. The total number of properties sold within the past twelve months is 522. In 53405, 3 properties are in foreclosure, 0 are bank owned properties,and 3 are headed for auction.

53405 Real Estate Market Overview

CityMedian Est. Value
Racine

$ 186,744

$ 128/sqft

Housing Market Summary for 53405

Mar 2023February 2024Change
Median Listing Price$185K$194.7K5.24%
Median Sold Price$183.2K$194.7K6.28%
Homes For Sale147-50.00%
Homes Sold306274-10.46%
Price
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Homes For Sale
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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 53405

The median list price of a home in Racine, is $191,343.25. A total of 4 properties are for sale, and the percentage of properties for sale in the zip code is 4.00%. The total count of 53405 properties is 9,114.

Foreclosure
There is 1 cities within 53405; within this cities, the median estimated home value for homes in foreclosure ranges from $725,515 in racine to the lowest value of $118,683 in racine. Foreclosure homes account for 0.00% of properties in 53405 with racine containing 13 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 53405 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 53405; of that cities, 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 53405 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 53405. There is 1 cities within 53405; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    racine has 13 auction properties, the highest number of properties going to auction in a single city in the state of 53405. Auction homes and other auction properties account for 0.03% of all properties in 53405. There is 1 cities within 53405; of that cities, the median estimated home value for homes going to auction ranges from $725,515 in racine to the lowest value of $118,683 in racine.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.04% of residential properties in 53405 with racine containing 26 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 53405; homes for sale in that cities, have a range of median values from $910,360 in racine to the lowest value of $37,656 in racine.
    Sold Homes
    The median value for recently sold homes ranges from $3,104,030 in racine to the lowest price of $30,018 in racine. There is 1 cities within 53405. racine has 727 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.93% of properties in 53405.

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      Guide for 53405

      Market Reports
      Madison Wisconsin Real Estate Market Report – Mar 2024
      Market Reports
      Milwaukee Real Estate Report, Feb 2024: Market Shows Promising Growth
      Home Buying Guides & Tips
      Wisconsin Foreclosure Laws
      Market Reports
      Wichita Real Estate Market Thrives: Property Values and Sale Prices Soar in 2023-2024
      See More Articles
      Madison Wisconsin Real Estate Market Report – Mar 2024
      Market Reports|posted 4 March 2024

      Madison’s real estate market continues to robustness, with varied trends across different market segments.

      Milwaukee Real Estate Report, Feb 2024: Market Shows Promising Growth
      Market Reports|posted 26 February 2024

      Milwaukee’s real estate market has shown growth with increasing property values and sold prices in the past year. However, the market contrasts with wealthier neighboring cities with higher average sold prices.

      Wisconsin Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Wisconsin Foreclosure Laws

      Wichita Real Estate Market Thrives: Property Values and Sale Prices Soar in 2023-2024
      Market Reports|posted 22 March 2024

      A comparative analysis of nearby cities shows diverse market dynamics in the Wichita real estate market in the first three months of 2024.

      Recently Listed Homes 53405

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