Single-family Foreclosures in Racine, WI 53405

Current Market Conditions in Racine, WI

The Racine real estate market has shown resilience, with steady demand for homes due to its appealing location and affordability compared to nearby metropolitan areas. Over the past year, home prices have seen a moderate increase, making it an attractive option for first-time homebuyers and investors looking for potential growth.

Industry and job opportunities in Racine are on the rise, contributing to a strong local economy which is reflected in the competitive housing market. Homes tend to receive multiple offers quickly, and there is a growing interest in both historic properties and new constructions.

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.