Village in Racine County, Wisconsin. Data-backed housing guide by Kinan Sawar, MD — REALTOR® at Shorewest, REALTORS®. Figures as of 2026-07-03.
| Typical home value | $392,064 |
|---|---|
| 1-year change | +4.7% |
| 5-year change | +36.8% |
| Typical rent | not published |
The typical home in Caledonia, Wisconsin is worth about $392,064 as of 2026-07-03, up 4.7% over the past year and up 36.8% over five years. Source: Zillow Home Value Index, compiled by Sawar Homes.
The typical home in the Village of Caledonia is worth $392,064 as of April 30, 2026. Values rose 4.7% over the past year and 36.8% over the past five years. Within Racine County, Caledonia ranks 8 of 14 municipalities by typical value — squarely mid-pack.
What stands out is the price spread inside the village. ZIP 53402 carries a typical value of $300,494 — roughly $92,000 below the village-wide figure. Caledonia is not one price point; it spans entry-level and move-up territory within a single municipality.
Against the broader market, Caledonia trades at a modest discount: about $27,000 under the Racine County median of $419,415 and about $64,000 under the seven-county Southeast Wisconsin regional median of $455,834.
Caledonia's $392,064 typical value puts it 6.5% below the Racine County median. Among nearby markets, it prices under Wind Point ($429,912) and Rochester ($419,415) but above Burlington ($363,491) and Elmwood Park ($353,052). That mid-tier position gives buyers and sellers plenty of direct comps in both directions.
The five-year gain of 36.8% works out to a stronger average annual pace than the most recent year's 4.7%, which suggests appreciation has moderated from its earlier clip. That is a common pattern across the region in this dataset, and past growth does not guarantee future results.
At the ZIP level, 53402 pairs its $300,494 typical value with a typical rent of $1,298 per month. Village-wide rent and yield figures are not available in this dataset, so 53402 is the one window into Caledonia's rental pricing.
| ZIP code | Typical home value | 1-year change | Typical rent |
|---|---|---|---|
| 53402 | $300,494 | +3.7% | $1,298/mo |
| Homes sold (arms-length, single-family) | 372 |
|---|---|
| Median sale price | $350,000 |
| Middle 50% of sales | $265,000 to $444,250 |
| Government-backed financing (FHA/VA/USDA) | 4.3% |
| Seller-financed | 0.5% |
Over the 12 months ending June 2026, 372 single-family homes sold in Caledonia, Wisconsin in arms-length transactions, at a median price of $350,000. Half of those sales fell between $265,000 and $444,250. Source: Wisconsin Department of Revenue real estate transfer returns, compiled by Sawar Homes — every recorded sale, including for-sale-by-owner and builder-direct transactions that never appear in the MLS.
Zillow’s typical-home-value estimate for Caledonia is $392,064, while homes that actually changed hands had a median price of $350,000 — a difference of -10.7%. These measure different things, and neither is wrong: the index estimates the value of every home whether or not it sold, while the sale figure reflects only the homes that changed hands, which usually skew toward the more affordable end of the market.
For buyers, Caledonia offers two distinct entry points. The village-wide typical value of $392,064 frames the move-up market, while ZIP 53402 sits near $300,494 — a six-figure difference in budget depending on where in the village you search. Both figures sit below the county median, and the gap to the regional median ($455,834) is wider still, so a Caledonia budget stretches further than it would across much of the seven-county area.
For sellers, the numbers support confident but realistic pricing. Values are up 4.7% in a year and 36.8% in five, and Caledonia comps against a clear ladder of nearby markets from Elmwood Park ($353,052) up to Wind Point ($429,912). Because the internal spread is wide, pricing off village-wide averages alone can miss by tens of thousands — ZIP- and neighborhood-level comps matter here. Past appreciation does not guarantee future results.
Caledonia covers a wide swath of northern Racine County, from bluff-top Cliffside Park near Lake Michigan on the east to the crossroads of Franksville amid farm fields on the west. The Root River winds through the middle of the village, with River Bend Nature Center's wooded trails along its banks and Caledonia Conservancy land nearby, while Highway 32 and I-94 carry commuters toward Racine and Milwaukee.
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The typical home value in Caledonia is $392,064 as of April 30, 2026. Within the village, ZIP 53402 is notably lower at a typical value of $300,494.
Slightly. Caledonia's typical value of $392,064 is about $27,000 (6.5%) below the Racine County median of $419,415, and it ranks 8 of 14 county municipalities by typical value.
Values rose 4.7% over the past year and 36.8% over the past five years, per data as of April 30, 2026. Past growth does not guarantee future results.
Typical rent in ZIP 53402 is $1,298 per month in this dataset. Village-wide rent figures are not available.
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Kinan Sawar, MD — REALTOR® at Shorewest, REALTORS®, serving Milwaukee and Southeast Wisconsin (Milwaukee, Waukesha, Ozaukee, Washington, Racine, Kenosha, and Walworth counties). Email: [email protected] · Phone: (618) 713-2964.
How to choose a real estate agent in Caledonia and Milwaukee — a five-question checklist
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Home values and rents are Zillow ZHVI/ZORI estimates for the named area, as of 2026-07-03; incomes and population are U.S. Census (SAIPE, Population Estimates); migration is IRS Statistics of Income. Area-level statistical estimates for information only — not an appraisal, and not financial, legal, or tax advice.