City 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 | $221,934 |
|---|---|
| 1-year change | +4.7% |
| 5-year change | +46.3% |
| Typical rent | $1,206 per month |
| Gross rent yield | +6.5% |
The typical home in Racine, Wisconsin is worth about $221,934 as of 2026-07-03, up 4.7% over the past year and up 46.3% over five years. Source: Zillow Home Value Index, compiled by Sawar Homes.
Racine's five-year number is the headline: typical home values are up 46.3% since 2021, the kind of compounding that reprices a market. Even after that run, the city's typical value stands at $221,934 — still the lowest of Racine County's 14 ranked municipalities and $197,481 below the county median of $419,415.
Both things are true at once. Racine has appreciated faster over five years than most of Southeast Wisconsin's tracked markets, and it remains priced at roughly 47% below its own county's median and about 51% below the seven-county region median of $455,834. Fast growth from a low base still leaves a low base.
The past year added 4.7%. Typical rent is $1,206 per month, up 3.5%, for a gross rent yield of 6.52%.
Within the city, the three tracked ZIPs stack within a $35,000 band: 53405 at $232,806, 53403 at $213,919, and 53404 at $197,893. Typical rents where tracked are $1,154 in 53403 and $1,130 in 53404 — only $24 apart despite a $16,000 value difference. No rent figure is available for 53405.
The county context is stark. The nearest municipal peer by value, Sturtevant, has a typical value of $293,139 — about $71,200 above Racine. Union Grove ($339,064), Mount Pleasant ($348,334), and Elmwood Park ($353,052) all price $117,000 or more above the city. Racine is not merely below its county's median; it is $71,000 below the next-cheapest municipality on the list.
The growth-and-yield combination is what the numbers keep pointing at: 46.3% five-year appreciation, 4.7% in the trailing year, and a 6.52% gross yield on $1,206 typical rent. Gross yield is calculated before operating costs, and historical appreciation is not a forecast.
| ZIP code | Typical home value | 1-year change | Typical rent |
|---|---|---|---|
| 53405 | $232,806 | +5.3% | — |
| 53403 | $213,919 | +1.9% | $1,154/mo |
| 53404 | $197,893 | +3.9% | $1,130/mo |
| Homes sold (arms-length, single-family) | 1,117 |
|---|---|
| Median sale price | $199,900 |
| Middle 50% of sales | $135,000 to $250,000 |
| Government-backed financing (FHA/VA/USDA) | 7.1% |
| Seller-financed | 0.9% |
Over the 12 months ending June 2026, 1,117 single-family homes sold in Racine, Wisconsin in arms-length transactions, at a median price of $199,900. Half of those sales fell between $135,000 and $250,000. 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 Racine is $221,934, while homes that actually changed hands had a median price of $199,900 — a difference of -9.9%. 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.
Buyers looking at Racine County face a step function: the city at $221,934 typical, then a $71,000 jump to Sturtevant at $293,139, then villages in the $339,000-$353,000 range. For budgets under $250,000, the city is effectively where the county's tracked inventory lives at the typical-value level, with ZIP 53404 ($197,893) as the lowest-priced of the three tracked ZIPs. The 46.3% five-year record shows how much this market has already moved; whether it continues is not something the data can promise.
Sellers hold a strong equity story. An owner near the typical value who bought five years ago has ridden a 46.3% gain, which shapes both net proceeds and the ability to price competitively. The buyer pool likely includes investors — $1,206 typical rent on a $221,934 value screens at 6.52% gross — as well as county buyers priced out of the $290,000-plus municipalities. The 4.7% one-year pace supports current comps over stale ones, but a specific sale price or timeline can never be guaranteed.
Racine's lakefront is its calling card — North Beach's sand, a working marina, and a downtown of Danish bakeries (kringle is the official state pastry, born here) and Frank Lloyd Wright's SC Johnson campus. The Root River draws salmon runs each fall.
Dates and details change year to year — check each event’s organizers for current schedules.
The typical home value in the city of Racine is $221,934 as of April 30, 2026. By ZIP code: $232,806 in 53405, $213,919 in 53403, and $197,893 in 53404.
Yes — typical values rose 46.3% over the past five years and 4.7% over the past year. Past appreciation does not guarantee future results.
The city ranks 14th of 14 county municipalities by typical value. The next-cheapest tracked municipality, Sturtevant, has a typical value of $293,139 — about $71,200 higher — and the county median is $419,415.
Typical rent is $1,206 per month citywide, up 3.5% year over year. Tracked ZIP-level rents are $1,154 in 53403 and $1,130 in 53404. The citywide gross rent yield is 6.52% before expenses.
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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 Racine 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.