Foreclosure Homes in Racine, WI 53404

Current Market Conditions in Racine, WI

Racine's real estate market has shown significant interest over the past year, with home prices steadily climbing as demand increases. This is attributed to the affordability of homes compared to neighboring cities, driving first-time buyers and families to the area.

The rental market is also gaining traction, as many individuals seek the convenience and community atmosphere of Racine. Investors are increasingly attracted to the rental potential given the balanced supply and demand in the housing sector.

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.