Racine, WI metro area Housing Market

Warm Market

Comprehensive housing market data for the Racine, WI metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$305K

11.5% YoY

Days on Market

41 days

6.8% YoY

Active Inventory

338

16.5% YoY

Homes Sold

165

14.6% YoY

Warm Market

The market is active with moderate buyer demand.

Racine, WI metro area Market Summary

The Racine, WI metro area housing market is heating up. As of March 2026, the median home sale price is $305K, up 11.5% year-over-year. Homes are spending a median of 41 days on the market, 6.8% shorter than a year ago.

There are 338 homes for sale — 16.5% fewer than last year. With 2.0 months of supply, this is a seller's market. 231 new listings were added during this period, up 6.9% year-over-year.

Homes are selling for 99.5% of their list price on average, suggesting room for negotiation. 38.8% of homes sell above their asking price. 10.4% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

54

Contributing Factors

Months of Supply 2.0
Days on Market 41
Price Drops 10.4%
Sale-to-List Ratio 99.5%
Market Temperature Warm

How This Market Compares

vs. National Median

Median Price (National: $437K) 30.2%
Days on Market (National: 55) 25.5%
Inventory (National: 1,314,690) 100.0%

vs. Wisconsin Median

Median Price (Wisconsin: $338K) 9.8%
Days on Market (Wisconsin: 54) 24.1%

Investor Takeaway

Prices are 30% below the national median, which could indicate stronger cash flow potential.

Racine, WI metro area Market Trends

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Detailed Market Metrics

Median List Price

$295K

Price per Sq Ft

$204

Sale-to-List Ratio

99.5%

Months of Supply

2.0

Sold Above List

38.8%

Price Drops

10.4%

New Listings

231

6.9% YoY

Pending Sales

240

Off Market in 2 Weeks

61.7%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.