53406 Home Values & Market Trends

There are 350 homes currently listed for 53406. 53406 real estate market trends show that home prices range from $125,000 to $750,000, and the median sales price in the 53406 zip code is $382,471. The total number of properties sold within the past twelve months is 416. In 53406, 16 properties are in foreclosure, 2 are bank owned properties,and 0 are headed for auction.

Housing Market Summary for 53406

Sep 2025September 2026Change
Median Listing Price$314.9K$349.4K10.97%
Median Sold Price$285.7K$305K6.75%
Homes For Sale20936172.73%
Homes Sold298241-19.13%
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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 53406

The median list price of a home in Racine, is $382,471. A total of 350 properties are for sale, and the percentage of properties for sale in the zip code is 350.00%. The total count of 53406 properties is 606.

Foreclosure
There is 1 cities within 53406; within this cities, the median estimated home value for homes in foreclosure ranges from $707,306 in racine to the lowest value of $51,413 in racine. Foreclosure homes account for 2.00% of properties in 53406 with racine containing 93 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 2.31% of all residential properties in 53406 with racine containing 77 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 53406; of that cities, the estimated home value for pre-foreclosure homes ranges from $707,306 in racine to the lowest home value of $78,963 in racine.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 53406 ranges from the highest value of $307,937 in racine to the lowest value of $51,413 in racine. Bank owned homes and properties account for 0.33% of properties in 53406. There is 1 cities within 53406; racine containing 14 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 53406. Auction homes and other auction properties account for 0% of all properties in 53406. There is 1 cities within 53406; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 57.76% of residential properties in 53406 with racine containing 1090 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 53406; homes for sale in that cities, have a range of median values from $2,975,000 in racine to the lowest value of $51,413 in racine.
    Sold Homes
    The median value for recently sold homes ranges from $1,114,736 in racine to the lowest price of $30,283 in racine. There is 1 cities within 53406. racine has 373 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 36.96% of properties in 53406.

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      Guide for 53406

      Home Buying Guides & Tips
      Wisconsin Foreclosure Laws
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      Wisconsin Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Wisconsin Foreclosure Laws

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.