Racine, WI Home Values & Market Trends
Real estate market trends reflect that there have been 1,128 transactions over the past year in Racine. The median value for residential home transactions that occurred over the previous year is $239,900. The number of current listings in Racine is 1,102, and the percentage of properties for sale in the city is 1102.00%. Racine, WI currently has 93 properties in foreclosure, 16 bank owned properties, 3 properties headed for auction, and 1,102 properties for sale.
Racine, WI Real Estate Market Overview
Housing Market Summary for Racine, WI
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $200K | $220K | 10.00% |
| Median Sold Price | $211.4K | $230.8K | 9.18% |
| Homes For Sale | 738 | 1,069 | 44.85% |
| Homes Sold | 639 | 400 | -37.40% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Racine, WI
Browse Homes in Racine, WI
Racine home values range from $30,283 to $2,975,000. The median estimated value of a home in Racine is $239,900. The median list price of a home is 222,450, and the total count of properties in the city is 1,624.
- Pre-ForeclosurePre-foreclosure homes account for 4.56% of all residential properties in Racine, WI with 53402 containing 23 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 5 zips within Racine, WI; of those zips, the estimated home value for pre-foreclosure homes ranges from $464,616 in 53405 to the lowest home value of $78,963 in 53403.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Racine, WI ranges from the highest value of $279,999 in 53405 to the lowest value of $51,413 in 53404. Bank owned homes and properties account for 0.99% of properties in Racine, WI. There are 5 zips within Racine, WI; 53402 containing 7 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions53405 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Racine, WI. Auction homes and other auction properties account for 0.18% of all properties in Racine, WI. There are 5 zips within Racine, WI; of those zips, the median estimated home value for homes going to auction ranges from $256,231 in 53403 to the lowest value of $148,310 in 53403.
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Guide for Racine, WI
Wisconsin Foreclosure Laws
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 […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
