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RACINE, WI 53405

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

Market Analysis

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

The RACINE, WI real estate market (53405) currently shows 56 active listings, with 9 pending sales. Homes are averaging 30 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 30 days on market compared to 29 days last year.

The median listing price has fallen 1% year-over-year, from $249,925 to $247,450.

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: 27,199  ·  Density: 1,588.2/mi²  ·  Median household income: $63,782

Typical home value: $158,865  ·  Homeownership: 77.6%

Market Overview

Active Listings
56
⇧ 1.8% vs 55 last year
Pending
9
16% pending ratio
Median Price
$247,450
⇩ 1% vs $249,925 last year
Average Price
$267,296
⇩ 9.6% vs $295,565 last year
Days on Market
30
⇧ 3.4% vs 29 days last year

Price Per Square Foot

Median $/sqft
$169
⇩ 3.4% vs $175/sqft last year
Median Home Size
1,479 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 56 this year vs 55 last year
  • Days on market: 30 now vs 29 last year

Median & Average Pricing

Year over Year
  • Median: $247,450 (-1% YoY)
  • Average: $267,296 (-9.6% 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 17.3 miles — 401 listings ($143,882,665 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
53405Racine, WI 534050.0 mi35$9,526,930$235,725$272,198
53404Racine, WI 534042.2 mi18$3,841,002$227,750$213,389
53402Racine, WI 534025.0 mi49$19,969,362$324,450$407,538
53140Kenosha, WI 531407.4 mi23$6,067,515$234,900$263,805
53108Caledonia, WI 531088.9 mi1$265,000$265,000$265,000
53182Union Grove, WI 5318211.1 mi25$14,921,025$634,900$596,841
53143Kenosha, WI 5314311.5 mi27$7,060,581$257,500$261,503
53142Kenosha, WI 5314213.8 mi48$15,328,608$288,700$319,346
53132Franklin, WI 5313214.4 mi60$30,496,440$476,200$508,274
53110Cudahy, WI 5311015.3 mi25$7,513,875$299,900$300,555
53221Milwaukee, WI 5322116.8 mi37$10,667,063$297,225$288,299
53129Greendale, WI 5312917.0 mi8$2,725,464$297,500$340,683
53207Milwaukee, WI 5320717.3 mi45$15,499,800$314,925$344,440

Frequently Asked Questions

How many homes are for sale in RACINE, WI 53405?

As of July 2026, there are 56 active listings in RACINE, WI (zip code 53405), compared to 55 the prior year.

What is the median home price in RACINE, WI 53405?

The median listing price in RACINE, WI 53405 is $247,450 as of July 2026, a 1% decrease from $249,925 the prior year.

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

Homes in RACINE, WI 53405 spend an average of 30 days on the market before going under contract, compared to 29 days the prior year.

Is it a seller's or buyer's market in RACINE, WI 53405?

Based on current inventory and days-on-market data as of July 2026, RACINE, WI 53405 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 30 days on market compared to 29 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 53405 save an estimated $4,949 compared to a typical 5% commission on the median listing price of $247,450. 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.