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Condo Foreclosures in Racine, MN

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Racine, MN Foreclosures

How much do homes sell for in Racine, MN?
The average home price is currently $487,921.
What’s the average rental cost in Racine, MN?
The average rental price in Racine is $1,618.
What is the most expensive home in Racine?
The most expensive home sold in Racine had a price of $3,501,011.
What is currently the cheapest priced home in Racine, MN?
The cheapest home for sale in Racine is priced at $38,090.

Living in Racine, MN

Racine, MN is a peaceful small town known for its friendly community and beautiful outdoor spaces. It offers quality education, local shops, and a serene lifestyle, making it great for families. The area is also rich in recreational activities, ensuring there's always something to do in nature.

Current Market Conditions in Racine, MN

The real estate market in Racine, MN is currently showing signs of steady growth with an increasing number of homes being sold. Buyers are attracted to the affordability of the market relative to surrounding areas, which has helped stabilize home prices.

As more individuals and families seek to relocate to smaller towns for work or lifestyle changes, Racine's market is expected to remain competitive with a variance in home prices that accommodate various buyer budgets.

Home Value Estimator For Racine, MN

There are currently 360 real estate properties in Racine, MN, with a median automated valuation model (AVM) price of $360,990.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Racine, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Racine, MN, is $487,921.00, with the most expensive house in Racine, MN, topping out at $3,501,011.00 and the cheapest home in Racine, MN, clocking in at $38,090.00. In other words, there’s something for every potential homebuyer or savvy investor in Racine, MN!

Rent Prices In Racine, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Racine, MN, is on a rollercoaster ride. The average rent price in Racine, MN, is $1,618.00. Indeed, when looking to rent in Racine, MN, you can expect to pay as little as $590.00 or as much as $2,800.00, with the average rent median estimated to be $1,540.00. The good news is that finding an affordable and desirable property to rent in Racine, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Racine, MN Condos


Market Trend for Racine, MN

Total Listings Available: 0

Market Values:

Home Prices from $38,090 to $3,501,011

Average Sales Price: $487,921

Rental Values:

Rental from $590 to $2,800

Average Rent Value: $1,618 / month

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