Racine County, Wisconsin Housing Market
In Racine County, Wisconsin, the median home value is $251,400, with a median monthly rent of $1,080. This places Racine County at #879 nationally out of 3134 counties by median home value, and #22 within Wisconsin.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,240
- Establishments: 5,102
- BLS QCEW, 2025
Housing Supply
- Single-family: 232
- Multi-family: 435
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 85,152 (avg $78,415)
- Outflow: 82,639 (avg $78,812)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 9 active ZIP codes in Racine County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 53406 | 239.6 | +11.43% | 2025 |
| 2 | 53405 | 228.8 | +6.68% | 2025 |
| 3 | 53149 | 250.3 | +6.13% | 2025 |
| 4 | 53185 | 255.2 | +11.65% | 2025 |
| 5 | 53402 | 234.7 | +6.98% | 2025 |
| 6 | 53404 | 237.5 | +9.41% | 2025 |
| 7 | 53150 | 248.6 | +6.32% | 2025 |
| 8 | 53120 | 247.2 | +5.68% | 2025 |
| 9 | 53108 | 262.1 | +1.89% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Racine County Compares
| Metric | Racine County | Wisconsin Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $251,400 | $234,086 | $227,706 |
| Median Gross Rent | $1,080 | $915 | $968 |
| Owner Occupancy Rate | 71.0% | 75.9% | 73.3% |
| Price/Rent Ratio | 19.4 | 21.2 | 18.7 |
Market Analysis
The median home value in Racine County is 7.4% above the Wisconsin state average and 10.4% above the U.S. national average. The median rent of $1,080/month is 18.0% above the state average.
With a price-to-rent ratio of 19.4, the buy-vs-rent decision in Racine County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Racine County has an owner-occupancy rate of 71.0%, compared to 75.9% in Wisconsin and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Jefferson Parish | Louisiana | $251,400 | $1,190 |
| Sweetwater County | Wyoming | $251,400 | $911 |
| Jack County | Texas | $251,200 | $960 |
| Floyd County | Indiana | $251,000 | $1,036 |
| Gooding County | Idaho | $250,900 | $880 |
Other Counties in Wisconsin
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Green County | $250,200 | $867 | 75.9% |
| La Crosse County | $257,000 | $1,059 | 62.2% |
| Chippewa County | $257,900 | $963 | 74.2% |
| Sauk County | $258,600 | $1,018 | 72.4% |
| Dunn County | $243,200 | $985 | 67.0% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).