Housing in Racine, MN is slightly lower than the national median value of $338,100. The median value here is $323,300. Despite this difference, homeowners in Racine enjoy a solid 6.78% appreciation rate over the last year, which is lower than the national average of 8.27%. Overall, housing in Racine appears to be a stable and desirable investment for prospective buyers who are looking for a community with good values and potential for growth.
The median home cost in Racine is $323,300. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Racine is up 11.4%.
Average Age of Homes
- The median age of Racine real estate is 37 years old
The Rental Market in Racine
- Renters make up 1.3% of the Racine population
- 0.0% of houses and apartments in Racine, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.