Racine housing market

Neutral marketRacine, WI metro areaData through Sep 2026
Typical home value
$315K
▲ 5.8% 1 yr
Typical rent
$1,460/mo
▲ 7.0% 1 yr
12-month forecast
+5.2%
#8 of 546 metros
Gross rent yield
5.6%
#332 of 546 · U.S. 6.3%
Days to pending
33 days
▼ −3 days 1 yr
Listings with a price cut
22%
▲ +2.0 pts 1 yr

Key takeaways

  • 1The typical home is worth $315,026, up 5.8% in a year and up 32% over five years.
  • 2Zillow forecasts home values rising 5.2% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,460/mo (+7.0% YoY), a 5.6% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,731/mo in principal and interest, $271 more than renting.
  • 5Homes go under contract in 33 days (−3 days vs last year); 22% of listings have had a price cut.
Market temperature
Neutral market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 48/100, #167 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $315K
$168K$213K$259K$305K2016201920222025
Typical monthly rent
Latest $1,460
$971$1,123$1,274$1,4262019202120232025

How fast homes are selling

Days to go under contract
Latest 33
24324149202120232025
Share of listings with a price cut
Latest 22.0%
7.6%12.4%17.3%22.1%20182020202220242026
Homes for sale vs new listings
Latest 610
For saleNew listings
15338762285620182020202220242026
Share of homes sold above list price
Latest 53.6%
29.3%42.2%55.1%67.9%202120232025

Affordability

Household income needed to buy vs rent
Latest $91K
To buy (20% down)To rent
$41K$57K$72K$88K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Racine compares

MeasureRacineUnited StatesRank of 546
Home value, 1-yr change+5.8%+1.2%#43
Home value, 5-yr change+32.2%+19.7%
12-month forecast+5.2%+1.1%#8
Rent, 1-yr change+7.0%+2.7%#49
Gross rent yield5.6%6.3%#332
Price-to-rent ratio18.015.8
Mortgage P&I on typical home$1,731$2,012
Income needed to buy$91,255$100,902
Days to pending3356

Cities in the Racine metro

1 cities with home value and rent data.

Racine$217K▲ 6.2%$1,215▲ 6.9%6.7%

Run the numbers

Other Wisconsin metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.