Zip 55967 (Racine, MN) Housing

The housing median value in 55967 Racine, MN is $307,100 which is lower than the national median value of $338,100. Despite this difference in values, Racine actually has a higher 1 year house appreciation rate than the US overall at 6.78%, compared to 8.27% for the rest of the country. This means that housing prices in Racine are increasing at a slightly faster rate than the US on average, showing a healthy and growing real estate market.

The median home cost in Racine (zip 55967) is $307,100. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Racine (zip 55967) is up 11.4%.

Average Age of Homes

- The median age of Racine (zip 55967) real estate is 41 years old

The Rental Market in Racine (zip 55967)

- Renters make up 7.6% of the Racine (zip 55967) population
- 0.0% of houses and apartments in Racine (zip 55967), 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, Minnesota	United States
	362.0	139,647,020.0
	48	42
	$307,100	$338,100
	11.4%	16.6%
	46.1%	57.0%
	78.4%	101.1%
	$10.28	$10.98
	$2,477	$2,690
	90.3%	57.4%
	2.8%	11.2%
	6.9%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	2.8%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	1.5%	2.4%
	0.0%	2.8%
	1.8%	3.9%
	1.2%	4.5%
	13.2%	11.3%
	18.7%	13.0%
	35.8%	20.1%
	18.7%	13.6%
	2.8%	8.3%
	3.4%	9.7%
	1.8%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.7%	13.6%
	15.7%	13.6%
	6.9%	13.6%
	8.6%	13.2%
	22.7%	14.8%
	6.9%	13.6%
	2.5%	10.0%
	1.7%	4.7%
	32.6%	12.2%

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