Is Racine, WI 53404 a buyer’s or seller’s market?

The Racine housing market right now

In the three months ending August 31, 2026, 46% of homes in Racine, WI 53404 sold above their list price, the typical home went under contract in 39 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 29 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 60%, homes sold more slowly (32 days then) and the median sale price rose 24% to $222,404. Overall, Racine is less competitive than a year ago, which gives buyers more room.

Within Racine County, homes here sell faster than in 55% of the county’s ZIP codes, and sell more often over asking than in 55%. On our competition score, Racine ranks #126 of 319 WI ZIP codes with enough sales (score 70 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) and Caledonia 53108 (50% sold over asking) are even more competitive.