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RACINE, WI 53406

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

Market Analysis

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

The RACINE, WI real estate market (53406) currently shows 55 active listings, with 8 pending sales. Homes are averaging 27 days on the market before going under contract.

Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.

Homes are selling faster, averaging 27 days on market compared to 33 days last year.

The median listing price has risen 4.7% year-over-year, from $364,900 to $382,000.

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 Context

Market Context

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

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

Market Overview

Active Listings
55
⇧ 25% vs 44 last year
Pending
8
15% pending ratio
Median Price
$382,000
⇧ 4.7% vs $364,900 last year
Average Price
$409,159
⇧ 4.5% vs $391,376 last year
Days on Market
27
⇩ 18.2% vs 33 days last year

Price Per Square Foot

Median $/sqft
$196
⇧ 5.9% vs $185/sqft last year
Median Home Size
1,660 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 55 this year vs 44 last year
  • Days on market: 27 now vs 33 last year

Median & Average Pricing

Year over Year
  • Median: $382,000 (+4.7% YoY)
  • Average: $409,159 (+4.5% 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
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 17.1 miles — 385 listings ($160,470,805 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
53406Racine, WI 534060.0 mi52$20,900,724$393,500$401,937
53404Racine, WI 534043.3 mi18$3,841,002$227,750$213,389
53177Sturtevant, WI 531774.1 mi10$4,819,840$424,249$481,984
53108Caledonia, WI 531087.5 mi1$265,000$265,000$265,000
53140Kenosha, WI 531407.8 mi23$6,067,515$234,900$263,805
53182Union Grove, WI 531829.2 mi25$14,921,025$634,900$596,841
53143Kenosha, WI 5314311.8 mi27$7,060,581$257,500$261,503
53132Franklin, WI 5313213.0 mi60$30,496,440$476,200$508,274
53142Kenosha, WI 5314213.3 mi48$15,328,608$288,700$319,346
53104Bristol, WI 5310414.7 mi10$5,556,400$532,225$555,640
53129Greendale, WI 5312915.9 mi8$2,725,464$297,500$340,683
53235Saint Francis, WI 5323516.7 mi76$33,110,464$415,000$435,664
53150Muskego, WI 5315017.1 mi27$15,377,742$562,450$569,546

Frequently Asked Questions

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

As of March 2026, there are 55 active listings in RACINE, WI (zip code 53406), compared to 44 the prior year.

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

The median listing price in RACINE, WI 53406 is $382,000 as of March 2026, a 4.7% increase from $364,900 the prior year.

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

Homes in RACINE, WI 53406 spend an average of 27 days on the market before going under contract, compared to 33 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 March 2026, RACINE, WI 53406 is currently a Balanced Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are selling faster, averaging 27 days on market compared to 33 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 $7,640 compared to a typical 5% commission on the median listing price of $382,000. 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.