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RACINE, WI 53402

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The RACINE, WI real estate market (53402) currently shows 53 active listings, with 12 pending sales. Homes are averaging 31 days on the market before going under contract.

Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 31 days on market compared to 24 days last year.

The median listing price has fallen 0.8% year-over-year, from $322,450 to $319,950.

Whether you are buying or selling in RACINE, WI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 35,296  ·  Density: 680.2/mi²  ·  Median household income: $70,886

Typical home value: $208,682  ·  Homeownership: 70.2%

Market Overview

Active Listings
53
⇩ 17.2% vs 64 last year
Pending
12
23% pending ratio
Median Price
$319,950
⇩ 0.8% vs $322,450 last year
Average Price
$390,563
⇧ 8.2% vs $360,994 last year
Days on Market
31
⇧ 29.2% vs 24 days last year

Price Per Square Foot

Median $/sqft
$205
⇧ 9% vs $188/sqft last year
Median Home Size
1,561 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 53 this year vs 64 last year
  • Days on market: 31 now vs 24 last year

Median & Average Pricing

Year over Year
  • Median: $319,950 (-0.8% YoY)
  • Average: $390,563 (+8.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 16.1 miles — 387 listings ($148,349,553 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
53402Racine, WI 534020.0 mi49$19,969,362$324,450$407,538
53405Racine, WI 534055.0 mi35$9,526,930$235,725$272,198
53108Caledonia, WI 531086.4 mi1$265,000$265,000$265,000
53403Racine, WI 534037.7 mi61$17,619,728$249,900$288,848
53126Franksville, WI 531268.8 mi8$6,088,056$529,282$761,007
53110Cudahy, WI 5311010.4 mi25$7,513,875$299,900$300,555
53235Saint Francis, WI 5323512.2 mi76$33,110,464$415,000$435,664
53140Kenosha, WI 5314012.4 mi23$6,067,515$234,900$263,805
53182Union Grove, WI 5318213.0 mi25$14,921,025$634,900$596,841
53144Kenosha, WI 5314413.4 mi36$18,472,464$423,400$513,124
53130Hales Corners, WI 5313015.0 mi8$3,634,552$459,450$454,319
53204Milwaukee, WI 5320416.0 mi27$7,082,937$236,325$262,331
53228Milwaukee, WI 5322816.1 mi13$4,077,645$317,350$313,665

Frequently Asked Questions

How many homes are for sale in RACINE, WI 53402?

As of March 2026, there are 53 active listings in RACINE, WI (zip code 53402), compared to 64 the prior year.

What is the median home price in RACINE, WI 53402?

The median listing price in RACINE, WI 53402 is $319,950 as of March 2026, a 0.8% decrease from $322,450 the prior year.

How long do homes stay on the market in RACINE, WI?

Homes in RACINE, WI 53402 spend an average of 31 days on the market before going under contract, compared to 24 days the prior year.

Is it a seller's or buyer's market in RACINE, WI 53402?

Based on current inventory and days-on-market data as of March 2026, RACINE, WI 53402 is currently a Balanced Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 31 days on market compared to 24 days last year.

How much can I save on real estate commission in RACINE, WI?

With SELL123.com's maximum 3% commission, sellers in RACINE, WI 53402 save an estimated $6,399 compared to a typical 5% commission on the median listing price of $319,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.