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Is Racine, OH 45771 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Racine is a buyer’s market. With about 11.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply11.7Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96.6%Sold price ÷ list price
Median days on market55Listing to accepted offer
Median price per sq ft$138▲ +29.9% vs. last year

The Racine housing market right now

In the three months ending August 31, 2026, 0% of homes in Racine, OH 45771 sold above their list price, the typical home went under contract in 55 days and there were 11.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (71 days then) and the median sale price rose 32% to $199,913. Overall, Racine is more competitive than a year ago, so tougher for buyers.

Within Meigs County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Long Bottom 45743 (50% sold over asking) and Shade 45776 (50% sold over asking) are even more competitive.

Run the numbers for 45771

Prefilled for 45771Can I win this house?Multiple-offer likelihood for a listing Prefilled for 45771Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Albany 45710Seller’s market $148 /sq ftLangsville 45741 — /sq ftLong Bottom 45743Seller’s market $149 /sq ftMiddleport 45760Seller’s market $61 /sq ft Browse all markets →

Towns like Racine nearby

Find towns like Racine in other states →
Reedsville, OH45772 · 14 miles away88% similarcheaper homes ($28K less) · smaller Pomeroy, OH45769 · 8 miles away85% similarcheaper homes ($35K less) · larger Wellston, OH45692 · 35 miles away82% similarlarger · younger residents Vinton, OH45686 · 23 miles away81% similar6 min shorter commute · more homeowners

Where Racine is

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Questions about Racine real estate

Is Racine a buyer’s or seller’s market?

A buyer’s market: there were 11.7 months of supply in Racine, OH 45771 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Racine?

The typical home went under contract in 55 days in the latest three months.

Do homes in Racine sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 96.6% of the list price.

What are property taxes in Racine?

About 1.04% of a home’s value a year in Meigs County, or roughly $4,160 on a $400,000 home.

What is the median home price in Racine?

The median sale price was $199,913 in the three months ending August 31, 2026, about $138 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology