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Foreclosures in Racine, WI

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Racine, WI Foreclosures

How much do homes sell for in Racine, WI?
The average home price is currently $262,528.
In Racine, WI, how many homes are available?
There are currently 3 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 $32,431,254.
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 charming lakeside city known for its stunning waterfront and vibrant community life. With excellent schools, ample recreational opportunities, and a bustling downtown, it's a great place for families and young professionals alike. The city's rich history and cultural sites add to its unique character, making it a desirable location to live.

Current Market Conditions in Racine, WI

Racine has seen a steady increase in property values as the demand for homes in this charming lakeside community continues to grow. This trend can be attributed to the city's appealing lifestyle, accessibility to major urban areas, and the ongoing development of local amenities that attract new residents.

Interest in real estate has been bolstered by the recent improvements in the local economy and job market, resulting in a noticeable uptick in home sales and competitive listings. Buyers are actively seeking properties with more space and proximity to nature, underscoring a shift in priorities due to the pandemic.

Home Value Estimator For Racine, WI

There are currently 33,187 real estate properties in Racine, WI, with a median automated valuation model (AVM) price of $227,075.00. 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 $262,528.00, with the most expensive house in Racine, WI, topping out at $32,431,254.00 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 Foreclosures


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