Zip 53404 (Racine, WI) Housing

The housing market in 53404 Racine, WI is relatively strong. The median value of homes in this area is $136,100, which is significantly lower than the US median of $338,100. In the past year, the appreciation rate for houses in Racine has been 8.17%, which is just below the national average of 8.27%. This rate suggests that home values are steadily increasing and should continue to do so in the future.

The median home cost in Racine (zip 53404) is $136,100. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Racine (zip 53404) is up 12.6%.

Average Age of Homes

- The median age of Racine (zip 53404) real estate is 64 years old

The Rental Market in Racine (zip 53404)

- Renters make up 44.1% of the Racine (zip 53404) population
- 3.3% of houses and apartments in Racine (zip 53404), 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
	5,645.0	139,647,020.0
	66	42
	$136,100	$338,100
	12.6%	16.6%
	58.7%	57.0%
	78.0%	101.1%
	$19.32	$10.98
	$2,714	$2,690
	40.5%	57.4%
	7.3%	11.2%
	52.2%	31.4%
Vacant Housing
	3.3%	1.9%
	0.9%	0.4%
	0.4%	0.7%
	0.0%	0.4%
	0.7%	3.6%
	2.1%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	3.6%	2.4%
	4.0%	2.8%
	14.2%	3.9%
	29.2%	4.5%
	23.8%	11.3%
	10.0%	13.0%
	12.3%	20.1%
	1.9%	13.6%
	0.4%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.5%	13.6%
	1.5%	13.6%
	3.8%	13.6%
	8.7%	13.2%
	10.5%	14.8%
	3.8%	13.6%
	18.4%	10.0%
	9.1%	4.7%
	32.3%	12.2%

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