Multi-family Foreclosures in Racine, MN

Current Market Conditions in Racine, MN

The real estate market in Racine is currently seeing a steady increase in home values, driven by the demand for affordable housing options in Minnesota. The town's appeal as a quiet, suburban area coupled with its strong community ties makes it a prime target for first-time homebuyers and investors alike.

Reports indicate a growing trend of professionals looking for homes in Racine as they seek a balance between urban convenience and rural tranquility. This trend bodes well for investors, as rental properties in this area show promising occupancy rates and potential for appreciation.

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.