Racine Metro Area, WI Housing

The housing market in the Racine, WI Metro Area is thriving - the median value of a home is $225,200 which is significantly lower than the US median value of $338,100. In the past year, houses in Racine appreciated by 11.10%, higher than the 8.27% appreciation rate of US housing overall. This makes buying a house in Racine an attractive prospect for those looking to capitalize on their investment. With rising values and a favorable location, Racine's real estate market looks to be on an upward trajectory for years to come.

The median home cost in Racine Metro Area is $225,200. Home appreciation the last 10 years has been 76.6%. Home Appreciation in Racine Metro Area is up 13.2%.

Average Age of Homes

- The median age of Racine Metro Area real estate is 51 years old

The Rental Market in Racine Metro Area

- Renters make up 27.5% of the Racine Metro Area population
- 1.3% of houses and apartments in Racine Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Racine, Wisconsin	United States
	84,183.0	139,647,020.0
	54	42
	$225,200	$338,100
	13.2%	16.6%
	55.1%	57.0%
	76.6%	101.1%
	$19.32	$10.98
	$3,763	$2,690
	64.8%	57.4%
	6.1%	11.2%
	29.1%	31.4%
Vacant Housing
	1.3%	1.9%
	0.3%	0.4%
	0.3%	0.7%
	0.1%	0.4%
	1.6%	3.6%
	2.5%	4.1%
Value of Owner-Occupied Housing
	1.2%	2.6%
	0.8%	2.4%
	1.7%	2.8%
	4.2%	3.9%
	7.0%	4.5%
	18.4%	11.3%
	18.6%	13.0%
	26.2%	20.1%
	11.8%	13.6%
	4.9%	8.3%
	3.8%	9.7%
	1.1%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	9.4%	13.6%
	9.4%	13.6%
	12.2%	13.6%
	8.0%	13.2%
	13.8%	14.8%
	12.2%	13.6%
	15.2%	10.0%
	6.3%	4.7%
	19.2%	12.2%

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