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RACINE, WI 53404

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The RACINE, WI real estate market (53404) currently shows 21 active listings, with 6 pending sales. Homes are averaging 29 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 29 days on market compared to 27 days last year.

The median listing price has risen 5.4% year-over-year, from $217,000 to $228,725.

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: 13,089  ·  Density: 1,031.0/mi²  ·  Median household income: $46,315

Typical home value: $120,155  ·  Homeownership: 45.6%

Market Overview

Active Listings
21
⇧ 90.9% vs 11 last year
Pending
6
29% pending ratio
Median Price
$228,725
⇧ 5.4% vs $217,000 last year
Average Price
$220,271
⇧ 4.8% vs $210,115 last year
Days on Market
29
⇧ 7.4% vs 27 days last year

Price Per Square Foot

Median $/sqft
$158
⇧ 9% vs $145/sqft last year
Median Home Size
1,192 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 21 this year vs 11 last year
  • Days on market: 29 now vs 27 last year

Median & Average Pricing

Year over Year
  • Median: $228,725 (+5.4% YoY)
  • Average: $220,271 (+4.8% 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 17.4 miles — 446 listings ($185,795,458 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
53404Racine, WI 534040.0 mi18$3,841,002$227,750$213,389
53402Racine, WI 534022.9 mi49$19,969,362$324,450$407,538
53403Racine, WI 534034.9 mi61$17,619,728$249,900$288,848
53108Caledonia, WI 531088.1 mi1$265,000$265,000$265,000
53126Franksville, WI 531269.6 mi8$6,088,056$529,282$761,007
53172South Milwaukee, WI 5317211.0 mi11$3,210,713$274,450$291,883
53182Union Grove, WI 5318212.3 mi25$14,921,025$634,900$596,841
53132Franklin, WI 5313213.4 mi60$30,496,440$476,200$508,274
53235Saint Francis, WI 5323515.1 mi76$33,110,464$415,000$435,664
53207Milwaukee, WI 5320715.5 mi45$15,499,800$314,925$344,440
53142Kenosha, WI 5314216.0 mi48$15,328,608$288,700$319,346
53158Pleasant Prairie, WI 5315816.6 mi36$21,810,708$561,175$605,853
53130Hales Corners, WI 5313017.4 mi8$3,634,552$459,450$454,319

Frequently Asked Questions

How many homes are for sale in RACINE, WI 53404?

As of March 2026, there are 21 active listings in RACINE, WI (zip code 53404), compared to 11 the prior year.

What is the median home price in RACINE, WI 53404?

The median listing price in RACINE, WI 53404 is $228,725 as of March 2026, a 5.4% increase from $217,000 the prior year.

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

Homes in RACINE, WI 53404 spend an average of 29 days on the market before going under contract, compared to 27 days the prior year.

Is it a seller's or buyer's market in RACINE, WI 53404?

Based on current inventory and days-on-market data as of March 2026, RACINE, WI 53404 is currently a Buyer's Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 29 days on market compared to 27 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 53404 save an estimated $4,575 compared to a typical 5% commission on the median listing price of $228,725. 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.