Foreclosures in Racine, MN

Current Market Conditions in Racine, MN

Racine's real estate market has seen steady growth in the past year, with an increase in home values as more buyers are drawn to the area for its charm and affordability. The town offers a diverse range of housing options, making it appealing to both first-time homebuyers and those looking to invest.

In the past month, the market has experienced a slight uptick in buyer interest, driven by low mortgage rates and the appeal of rural living. This has led to a competitive atmosphere with homes selling swiftly, often above the list price.

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.