Is Racine, WI 53402 a buyer’s or seller’s market?

The Racine housing market right now

In the three months ending August 31, 2026, 50% of homes in Racine, WI 53402 sold above their list price, the typical home went under contract in 39 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 129 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 45%, homes sold more slowly (37 days then) and the median sale price rose 21% to $336,854. Overall, Racine is more competitive than a year ago, so tougher for buyers.

Within Racine County, homes here sell faster than in 55% of the county’s ZIP codes, and sell more often over asking than in 73%. On our competition score, Racine ranks #71 of 319 WI ZIP codes with enough sales (score 78 out of 100).

Nearby, buyers who want less competition could look at Franksville 53126 (33% sold over asking) or Racine 53403 (38% sold over asking), while Sturtevant 53177 (60% sold over asking) is even more competitive.