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RACINE, WI 53402

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The RACINE, WI real estate market (53402) currently shows 49 active listings, with 7 pending sales. Homes are averaging 55 days on the market before going under contract.

Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 55 days on market compared to 30 days last year.

The median listing price has risen 16.9% year-over-year, from $277,450 to $324,450.

Whether you are buying or selling in RACINE, WI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 35,296  ·  Density: 680.2/mi²  ·  Median household income: $70,886

Typical home value: $208,682  ·  Homeownership: 70.2%

Market Overview

Active Listings
49
⇩ 22.2% vs 63 last year
Pending
7
14% pending ratio
Median Price
$324,450
⇧ 16.9% vs $277,450 last year
Average Price
$407,538
⇧ 18.1% vs $344,995 last year
Days on Market
55
⇧ 83.3% vs 30 days last year

Price Per Square Foot

Median $/sqft
$202
⇧ 12.2% vs $180/sqft last year
Median Home Size
1,556 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 49 this year vs 63 last year
  • Days on market: 55 now vs 30 last year

Median & Average Pricing

Year over Year
  • Median: $324,450 (+16.9% YoY)
  • Average: $407,538 (+18.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 16.1 miles — 338 listings ($124,434,142 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
53402Racine, WI 534020.0 mi48$19,801,056$325,000$412,522
53405Racine, WI 534055.0 mi35$9,979,305$240,000$285,123
53108Caledonia, WI 531086.4 mi1$259,000$259,000$259,000
53403Racine, WI 534037.7 mi54$14,120,082$230,000$261,483
53126Franksville, WI 531268.8 mi7$5,173,441$564,900$739,063
53110Cudahy, WI 5311010.4 mi21$5,922,987$279,900$282,047
53235Saint Francis, WI 5323512.2 mi49$21,416,675$402,500$437,075
53140Kenosha, WI 5314012.4 mi24$6,481,608$242,450$270,067
53182Union Grove, WI 5318213.0 mi24$12,539,712$586,908$522,488
53144Kenosha, WI 5314413.4 mi24$13,011,720$425,645$542,155
53130Hales Corners, WI 5313015.0 mi7$2,883,601$415,000$411,943
53204Milwaukee, WI 5320416.0 mi29$7,925,990$223,700$273,310
53228Milwaukee, WI 5322816.1 mi15$4,918,965$319,900$327,931

Frequently Asked Questions

How many homes are for sale in RACINE, WI 53402?

As of February 2026, there are 49 active listings in RACINE, WI (zip code 53402), compared to 63 the prior year.

What is the median home price in RACINE, WI 53402?

The median listing price in RACINE, WI 53402 is $324,450 as of February 2026, a 16.9% increase from $277,450 the prior year.

How long do homes stay on the market in RACINE, WI?

Homes in RACINE, WI 53402 spend an average of 55 days on the market before going under contract, compared to 30 days the prior year.

Is it a seller's or buyer's market in RACINE, WI 53402?

Based on current inventory and days-on-market data as of February 2026, RACINE, WI 53402 is currently a Balanced Market. Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 55 days on market compared to 30 days last year.

How much can I save on real estate commission in RACINE, WI?

With SELL123.com's maximum 3% commission, sellers in RACINE, WI 53402 save an estimated $6,489 compared to a typical 5% commission on the median listing price of $324,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.