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RACINE, WI 53406

Real Estate Market Report  ·  Racine County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
61
⇧ 24.5% vs 49 last year
Pending
8
13% pending ratio
Median Price
$424,000
⇧ 27.9% vs $331,445 last year
Average Price
$414,744
⇧ 18.5% vs $350,033 last year
Days on Market
54
⇧ 20% vs 45 days last year

Market Context

Population: 25,994  ·  Density: 612.7/mi²  ·  Median household income: $73,636

Typical home value: $249,987  ·  Homeownership: 72.6%

Market Analysis

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

The RACINE, WI real estate market (53406) currently shows 61 active listings, with 8 pending sales. Homes are averaging 54 days on the market before going under contract.

Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 54 days on market compared to 45 days last year.

The median listing price has risen 27.9% year-over-year, from $331,445 to $424,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 61 this year vs 49 last year
  • Days on market: 54 now vs 45 last year

Median & Average Pricing

Year over Year
  • Median: $424,000 (+27.9% YoY)
  • Average: $414,744 (+18.5% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.1 miles — 358 listings ($147,443,826 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
53406Racine, WI 534060.0 mi61$25,299,384$424,000$414,744
53404Racine, WI 534043.3 mi22$4,489,738$194,450$204,079
53177Sturtevant, WI 531774.1 mi9$4,839,300$399,999$537,700
53108Caledonia, WI 531087.5 mi1$259,000$259,000$259,000
53140Kenosha, WI 531407.8 mi24$6,481,608$242,450$270,067
53182Union Grove, WI 531829.2 mi24$12,539,712$586,908$522,488
53143Kenosha, WI 5314311.8 mi28$6,999,664$252,450$249,988
53132Franklin, WI 5313213.0 mi67$31,803,560$400,000$474,680
53142Kenosha, WI 5314213.3 mi36$12,241,404$309,450$340,039
53104Bristol, WI 5310414.7 mi10$7,559,440$549,000$755,944
53129Greendale, WI 5312915.9 mi7$2,607,381$312,500$372,483
53235Saint Francis, WI 5323516.7 mi49$21,416,675$402,500$437,075
53150Muskego, WI 5315017.1 mi20$10,906,960$562,450$545,348

Frequently Asked Questions

How many homes are for sale in RACINE, WI 53406?

As of January 2026, there are 61 active listings in RACINE, WI (zip code 53406), compared to 49 the prior year.

What is the median home price in RACINE, WI 53406?

The median listing price in RACINE, WI 53406 is $424,000 as of January 2026, a 27.9% increase from $331,445 the prior year.

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

Homes in RACINE, WI 53406 spend an average of 54 days on the market before going under contract, compared to 45 days the prior year.

Is it a seller's or buyer's market in RACINE, WI 53406?

Based on current inventory and days-on-market data as of January 2026, RACINE, WI 53406 is currently a Buyer's Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 54 days on market compared to 45 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 53406 save an estimated $8,480 compared to a typical 5% commission on the median listing price of $424,000. 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.