Zip 53403 (Racine, WI) Housing

Racine, WI, zip code 53403 has a healthy housing market. The median value of homes in Racine is $153,100 which is less than the US median of $338,100. Despite the lower price point for housing in Racine, the 1 year appreciation rate is similar to that of the US with 8.17% compared to 8.27%. This indicates that the market in Racine is growing and values are increasing at a healthy rate. It is an appealing place for homeowners looking to invest in property while still having access to good amenities.

The median home cost in Racine (zip 53403) is $153,100. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Racine (zip 53403) is up 12.6%.

Average Age of Homes

- The median age of Racine (zip 53403) real estate is 69 years old

The Rental Market in Racine (zip 53403)

- Renters make up 39.0% of the Racine (zip 53403) population
- 2.8% of houses and apartments in Racine (zip 53403), 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
	11,738.0	139,647,020.0
	69	42
	$153,100	$338,100
	12.6%	16.6%
	58.7%	57.0%
	78.0%	101.1%
	$24.13	$10.98
	$3,231	$2,690
	47.1%	57.4%
	11.3%	11.2%
	41.6%	31.4%
Vacant Housing
	2.8%	1.9%
	0.7%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	1.3%	3.6%
	6.5%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	0.4%	2.4%
	6.0%	2.8%
	9.7%	3.9%
	15.7%	4.5%
	23.6%	11.3%
	16.0%	13.0%
	13.6%	20.1%
	7.4%	13.6%
	1.9%	8.3%
	4.1%	9.7%
	0.5%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.5%	13.6%
	5.5%	13.6%
	8.8%	13.6%
	4.0%	13.2%
	7.8%	14.8%
	8.8%	13.6%
	17.4%	10.0%
	9.9%	4.7%
	35.9%	12.2%

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