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RACINE, WI 53402

Real Estate Market Report  ·  Racine County
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The RACINE, WI real estate market (53402) currently shows 93 active listings, with 15 pending sales. Homes are averaging 30 days on the market before going under contract.

Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice.

Homes are selling faster, averaging 30 days on market compared to 36 days last year.

The median listing price has fallen 22.4% year-over-year, from $412,450 to $319,900.

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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
93
⇧ 32.9% vs 70 last year
Pending
15
16% pending ratio
Median Price
$319,900
⇩ 22.4% vs $412,450 last year
Average Price
$377,107
⇩ 24% vs $496,294 last year
Days on Market
30
⇩ 16.7% vs 36 days last year

Price Per Square Foot

Median $/sqft
$196
⇧ 1.6% vs $193/sqft last year
Median Home Size
1,605 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 93 this year vs 70 last year
  • Days on market: 30 now vs 36 last year

Median & Average Pricing

Year over Year
  • Median: $319,900 (-22.4% YoY)
  • Average: $377,107 (-24% 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 September 2026, there are 93 active listings in RACINE, WI (zip code 53402), compared to 70 the prior year.

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

The median listing price in RACINE, WI 53402 is $319,900 as of September 2026, a 22.4% decrease from $412,450 the prior year.

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

Homes in RACINE, WI 53402 spend an average of 30 days on the market before going under contract, compared to 36 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 September 2026, RACINE, WI 53402 is currently a Balanced Market. Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice. Homes are selling faster, averaging 30 days on market compared to 36 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 $6,398 compared to a typical 5% commission on the median listing price of $319,900. 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.