Is Racine, WI 53405 a buyer’s or seller’s market?

The Racine housing market right now

In the three months ending August 31, 2026, 47% of homes in Racine, WI 53405 sold above their list price, the typical home went under contract in 37 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 92 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 44%, homes sold more slowly (35 days then) and the median sale price rose 6% to $244,894. Overall, Racine is about as competitive as it was a year ago.

Within Racine County, homes here sell faster than in 82% of the county’s ZIP codes, and sell more often over asking than in 64%. On our competition score, Racine ranks #64 of 319 WI ZIP codes with enough sales (score 79 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.