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Foreclosure Homes in Racine, WI 53404

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Racine, WI Foreclosures

How much do homes sell for in Racine, WI?
The average home price is currently $273,177.
In Racine, WI, how many homes are available?
There are currently 37 active home listings available in Racine.
What’s the average rental cost in Racine, WI?
The average rental price in Racine is $1,536.
What is the most expensive home in Racine?
The most expensive home sold in Racine had a price of $32,099,253.
What is currently the cheapest priced home in Racine, WI?
The cheapest home for sale in Racine is priced at $10,068.

Living in Racine, WI

Racine, WI is a bustling city located on the shores of beautiful Lake Michigan. It offers a rich blend of arts, culture, and recreational activities, making it ideal for families and professionals. With excellent schools, parks, and a range of amenities, Racine is a welcoming and vibrant community.

Current Market Conditions in Racine, WI

The current real estate market in Racine, WI shows promising signs of growth with an increasing demand for homes. The area has seen a considerable influx of new residents seeking affordable housing options alongside existing communities.

Home prices have risen steadily in recent months due to this increased demand, indicating that Racine is becoming a more favorable location for home buyers. Market activity is buoyant with properties receiving multiple offers shortly after listing.

Home Value Estimator For Racine, WI

There are currently 34,046 real estate properties in Racine, WI, with a median automated valuation model (AVM) price of $226,576.00. 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, WI, 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, WI, is $273,177.00, with the most expensive house in Racine, WI, topping out at $32,099,253.00 and the cheapest home in Racine, WI, clocking in at $10,068.00. In other words, there’s something for every potential homebuyer or savvy investor in Racine, WI!

Rent Prices In Racine, WI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Racine, WI, is on a rollercoaster ride. The average rent price in Racine, WI, is $1,536.00. Indeed, when looking to rent in Racine, WI, you can expect to pay as little as $760.00 or as much as $3,220.00, with the average rent median estimated to be $1,500.00. The good news is that finding an affordable and desirable property to rent in Racine, WI -- 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, WI 53404 Foreclosures

Market Trend for Racine, WI

Total Listings Available: 37

Market Values:

Home Prices from $10,068 to $32,099,253

Average Sales Price: $273,177

Rental Values:

Rental from $760 to $3,220

Average Rent Value: $1,536 / month

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