Racine WI › Market Report
Racine & Mount Pleasant WI Housing Market Report — 2026
TL;DR
According to the Zillow Home Value Index (February 2026), the typical Racine home value is $171,496, up 4.4% year over year. Redfin reports a March 2026 median sale price of $205,000 with 35 days on market and 8 offers per home. The Racine-Mount Pleasant metro area scored #8 on the April 2026 Realtor.com Market Hotness Index (median $347,720, 30 days on market). Wisconsin realty transfer fee is $3.00 per $1,000 (seller pays, state-only, no county surcharge). Foreclosure is judicial, filed at Racine County Circuit Court, 10-14 months typical. For a cash offer based on current Racine County conditions, call USA Home Buyers at 888-440-5250.
Key Market Metrics — Racine & Mount Pleasant
| Metric | Value | Source |
|---|---|---|
| Racine typical home value (ZHVI) | $171,496 (+4.4% YoY) | Zillow (Feb 2026) |
| Racine median sale price | $205,000 | Redfin (Mar 2026) |
| Mount Pleasant median $/sqft | $174 (+6.7% YoY) | Redfin (Mar 2026) |
| Racine County median $/sqft | $184 (+9.2% YoY) | Redfin (Mar 2026) |
| Metro hotness median (RDC) | $347,720 | Realtor.com (Apr 2026) |
| Median days on market (Racine city) | 35 days | Redfin (Mar 2026) |
| Average offers per home | 8 offers | Redfin (Mar 2026) |
| Redfin compete score | 82 / 100 (Very Competitive) | Redfin (Mar 2026) |
| Typical cash offer range | 68-80% of FMV | Local investor norms |
| Wisconsin realty transfer fee | $3.00 per $1,000 (seller pays) | Wis. Stat. § 77.22 |
| Foreclosure process | Judicial (Racine Co. Circuit Court, 10-14 months) | Wis. Stats. Ch. 846 |
Neighborhood Breakdown — City of Racine
Racine's historic neighborhoods span a century of housing stock. Cream brick workers' cottages on the Northside, Victorian and Gothic Revival singles on the Southside, mid-century bungalows in West Racine and Garden City. Price ranges below reflect March 2026 sales data.
| Neighborhood | Character | Typical Price Range |
|---|---|---|
| Downtown Racine / Old Main Street | Lakefront, historic district, lofts + singles | $150,000-$280,000 |
| Northside Historic District | 1870s-1910s cream brick workers' cottages (National Register) | $90,000-$180,000 |
| Southside Historic District | Victorian, Gothic Revival, Mid-Century Modern | $120,000-$240,000 |
| West Racine | Early-1900s and mid-century, many updated | $140,000-$220,000 |
| Garden City | 1920s-1940s bungalows, Washington Avenue corridor | $130,000-$200,000 |
| Historic Sixth Street District | Victorian commercial + residential | $160,000-$300,000 |
| Melvin Avenue Historic District | Mid-1900s residential, preserved | $170,000-$260,000 |
Neighborhood Breakdown — Mount Pleasant & Surrounding Racine County
| Community | Character | Typical Price Range |
|---|---|---|
| Central Mount Pleasant | Post-war ranches, split-levels, suburban cul-de-sacs | $250,000-$400,000 |
| Mount Pleasant I-94 / Microsoft Corridor | New subdivisions, tech-park demand | $350,000-$550,000 |
| Racine Country Club area | Older larger homes, golf frontage | $400,000-$800,000 |
| Caledonia | Suburban ranches, newer singles | $260,000-$420,000 |
| Sturtevant | Small village, working-class singles | $180,000-$275,000 |
| Union Grove | Village, mixed singles, small-town character | $200,000-$310,000 |
| Burlington | Historic downtown, older singles, rural edges | $220,000-$360,000 |
| Wind Point | Lakefront village, lighthouse, higher-end | $350,000-$700,000+ |
Market Context — Racine & Mount Pleasant WI
Racine sits on Lake Michigan between Milwaukee (25 miles north) and Kenosha (10 miles south). The city of ~77,000 grew as an industrial center — SC Johnson (global HQ), Modine Manufacturing, and Case/CNH Industrial are all headquartered or operating here. That industrial heritage shaped the housing stock: cream brick workers' cottages on the Northside, Victorian singles on the Southside, mid-century bungalows in West Racine and Garden City. Much of this inventory predates 1940 and carries pre-war systems (knob-and-tube wiring, galvanized plumbing, original slate or clay tile roofs) that limit conventional-financing pools.
Mount Pleasant, the adjacent village of ~27,000, has a very different profile — post-war ranches and splits, 1990s-2000s subdivisions, and new construction along the I-94 corridor. The Foxconn → Microsoft development pivot (Mount Pleasant Village Board approved Microsoft's data center deal on former Foxconn land in January 2024) is an active tailwind for suburban home values. According to Racine County Eye, Foxconn made a $15 million make-up property-tax payment to Mount Pleasant in 2025 alone.
According to U.S. Census Bureau American Community Survey data, Racine County (population ~197,000) is 68.6% White, 15.1% Hispanic, and 10.3% Black. The City of Racine is more diverse — 49% White, 24.4% Hispanic, 20.2% Black. Median household income in the city was $57,740 in 2024.
What This Means for Racine-Mount Pleasant Sellers
With 35 median days on market and 8 offers per home (Redfin, March 2026), Racine is a technically competitive market — but that velocity hides a bifurcation. Move-in-ready Mount Pleasant suburban homes in the I-94 corridor move fast at full asking. Pre-1940 Racine city homes in the historic districts often sit longer or see deeper price cuts because their buyer pool is limited to cash investors, FHA 203(k) renovation buyers, or conventional loans with major contingencies.
A direct cash sale to USA Home Buyers closes in 7–14 days with no repairs required. We cover all closing costs including the Wisconsin realty transfer fee. Cash offers typically run 68–80% of fair market value — but on pre-war Racine inventory where conventional financing is already a non-starter, the implied discount is much smaller than the headline number suggests.
Get a Cash Offer Based on Current Racine Market Data
Written offer in 24 hours based on current Racine County comps. We cover all closing costs.
Data sources: Zillow Home Value Index (ZHVI), Redfin market statistics, U.S. Census Bureau American Community Survey, Realtor.com Market Hotness Index, Racine County Eye, WPR. Market data reflects conditions as of March–April 2026. Individual property values vary. Contact us for a property-specific assessment.