Is Racine, WI 53403 a buyer’s or seller’s market?

The Racine housing market right now

In the three months ending August 31, 2026, 38% of homes in Racine, WI 53403 sold above their list price, the typical home went under contract in 44 days and there were 2.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 90 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 34%, homes sold more slowly (40 days then) and the median sale price rose 14% to $254,890. Overall, Racine is about as competitive as it was a year ago.

Within Racine County, homes here sell more slowly than in 64% of the county’s ZIP codes, and sell less often over asking than in 91%. On our competition score, Racine ranks #153 of 319 WI ZIP codes with enough sales (score 66 out of 100).

Nearby, buyers who want less competition could look at Franksville 53126 (33% sold over asking), while Sturtevant 53177 (60% sold over asking) and Caledonia 53108 (50% sold over asking) are even more competitive.