Racine, WI Real Estate

Located just 45 minutes south of Milwaukee and an hour and a half north of Chicago, Racine, Wisconsin is ideally located for both business and fun. The City of Racine is a quaint, friendly community that serves as home to just over 80,000 residents. Racine is also home to the world-famous architect Frank Lloyd Wright as well as many of his masterful productions. One of his more famous works is the Johnson Wax Administration Building, the headquarters for SC Johnson. In addition to stunning, world-class architecture, Racine has a wealth of recreational activities suitable for the whole family.

To find real estate for sale in Racine, click here.

 

Real Estate in Racine, Wisconsin

Houses for sale in Racine, Wisconsin vary greatly by neighborhood. From large single-family homes on vast lots to apartments and condominiums, Racine has a home for everyone. The homes on College Avenue are a point of pride for Racine residents and include a wide variety of architectural styles. Queen Anne styles, Colonial Revivals and Tudors are just a few of the gorgeous architectural styles you’ll find on this maple-lined brick street. Featured on the Tour of Historic Places, the houses on the stretch of College Avenue between Eighth and 18th Streets were once home to the pioneers of Racine.

Racine is a very safe neighborhood outside of Milwaukee and is home to All Saints Hospital, a campus of Wheaton Franciscan Healthcare. Additionally, Racine has many firefighters and police officers sprinkled throughout the city to ensure the safety of Racine residents.

 

Show more

Living in Racine

People who live in Racine enjoy a wide variety of recreational activities and opportunities in their hometown. North Beach, one of Racine’s main attractions, sits on the waterfront of Lake Michigan and features swimming, fishing, picnics, bicycling and even a nature center! North Beach also hosts a professional volleyball tournament, drawing spectators from all parts of Wisconsin and Illinois. North Beach was ranked #10 Best Beach for Families in the United States by Parents Magazine.

Racine homeowners also enjoy many annual festivals and events. Racine’s Fourth of July Parade is the largest in the Midwest and attracts over 100,000 people. The fireworks display is a spectacle, lighting up the sky along the Racine lakefront. If music is more your taste, check out the Animal Crackers Concert Series. Hosted five times throughout the summer, this annual jazz festival occurs on the grounds of the Racine Zoological Gardens. Interested in classic cars? Head over to the Classic Car Show during August, which includes classic cars and motorcycles, food and fun. More summertime festivals include Greek Fest, Italian Fest and Octoberfest.

For the outdoorsy types, try your hand at Salmon-A-Rama, an annual fresh water fishing tournament on Lake Michigan or watch the Great Midwest Dragon Boat Festival. Athletes from around the nation enjoy the Ironman 70.3, a triathlon that serves as an official qualifier for the Ironman World Championship 70.3 Triathlon. For a slightly less intense athletic feat, sign up for The Lighthouse Run in June. Take your pick of a four mile or ten mile competitive run or the Modine Fun Run/Walk for two or four miles.

Racine is also a cultural hub in southeastern Wisconsin. Get tickets to see the incredibly talented Racine Symphony Orchestra perform classical, chamber, pops and education concerts. If you prefer visual art, head over to the Racine Art Museum for permanent and travelling art exhibits. The Racine Art Museum also offers a wide variety of art classes suitable for everyone from the smallest child to the most experienced artist. Racine residents also enjoy First Fridays, complete with music, shopping, carriage rides and one-night-only specials. Start off your First Friday with a carriage ride through beautiful downtown Racine and stop off in your favorite stores for First Friday specials!

Racine is famous for the Danish pastry Kringle. This flakey pastry is filled with a variety of fillings from nuts to fruit to various gourmet fillings such as cheesecake and sea salt caramel! Racine’s Kringle was delicious enough to attract President Barack Obama. On his last visit to Racine, President Obama brought his family to a local distributor for Kringle to taste what Racine “is all about.”

Schools in Racine

Racine students benefit from the Racine Unified School District. RUSD focuses on rigorous academics, athletics, and artistic endeavors in 20 elementary schools, seven middle schools and six high schools. RUSD benefits from the many cultural opportunities in Racine including the Racine Symphony, the Racine Theatre Guild and the Racine Art Museum. Racine’s proximity to Milwaukee provides plenty of secondary education options, such as Marquette University, University of Wisconsin – Milwaukee, Milwaukee Institute of Design and the Milwaukee School of Engineering.

Business in Racine

Some of the major employers in Racine include SC Johnson, Ruid Lighting and Wheaton Franciscan Hospital. The business climate in Racine is booming and constantly expanding. Downtown Racine is laden with cute local shops and restaurants that accent the large corporations in the city, all united under “Racine’s Business Champion,” the Racine Chamber.

Show more

Racine saw its first European visitors in 1699 when a group of French explorers came down the Root River. In fact, “Racine” is French for “root.” Those early settlers established a trading post in what is today Racine. Since then, many people have chosen Racine as their home due to its exceptional location, excellent amenities and friendly, small-town atmosphere.

Show more

Racine properties for sale

Schools
  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
21st Century Preparatory School (Racine) 21st Century Preparatory Sch Public 547 16 21ST CENTURY PREPARATORY SCHOOL GreatSchools Rating
Case High School (Racine) Racine School District Public 1201 16 CASE HIGH SCHOOL GreatSchools Rating
Fine Arts Elementary School (Racine) Racine School District Public 310 14 FINE ARTS ELEMENTARY SCHOOL GreatSchools Rating
Fratt Elementary School (Racine) Racine School District Public 450 11 FRATT ELEMENTARY SCHOOL GreatSchools Rating
Giese Elementary School (Racine) Racine School District Public 300 12 GIESE ELEMENTARY SCHOOL GreatSchools Rating
Gifford Elementary School (Racine) Racine School District Public 1700 19 GIFFORD ELEMENTARY SCHOOL GreatSchools Rating
Gilmore Middle School (Racine) Racine School District Public 700 13 GILMORE MIDDLE SCHOOL GreatSchools Rating
Goodland Elementary School (Racine) Racine School District Public 187 12 GOODLAND ELEMENTARY SCHOOL GreatSchools Rating
Horlick High School (Racine) Racine School District Public 2000 16 HORLICK HIGH SCHOOL GreatSchools Rating
Janes Elementary School (Racine) Racine School District Public 210 14 JANES ELEMENTARY SCHOOL GreatSchools Rating
Jefferson Lighthouse Elementary School (Racine) Racine School District Public 500 19 JEFFERSON LIGHTHOUSE ELEMENTARY SCHOOL GreatSchools Rating
Jerstad-agerholm Elementary School (Racine) Racine School District Public 275 14 JERSTAD-AGERHOLM ELEMENTARY SCHOOL GreatSchools Rating
Jerstad-agerholm Middle School (Racine) Racine School District Public 1300 15 JERSTAD-AGERHOLM MIDDLE SCHOOL GreatSchools Rating
Johnson Elementary School (Racine) Racine School District Public 500 13 JOHNSON ELEMENTARY SCHOOL GreatSchools Rating
Jones Elementary School (Racine) Racine School District Public 355 15 JONES ELEMENTARY SCHOOL GreatSchools Rating
Julian Thomas Elementary School (Racine) Racine School District Public 650 11 JULIAN THOMAS ELEMENTARY SCHOOL GreatSchools Rating
Knapp Elementary School (Racine) Racine School District Public 427 12 KNAPP ELEMENTARY SCHOOL GreatSchools Rating
Mckinley Middle School (Racine) Racine School District Public 950 13 MCKINLEY MIDDLE SCHOOL GreatSchools Rating
Mitchell Elementary School (Racine) Racine School District Public 450 12 MITCHELL ELEMENTARY SCHOOL GreatSchools Rating
Mitchell Middle School (Racine) Racine School District Public 640 13 MITCHELL MIDDLE SCHOOL GreatSchools Rating
North Park Elementary School (Racine) Racine School District Public 320 17 NORTH PARK ELEMENTARY SCHOOL GreatSchools Rating
O Brown Elementary School (Racine) Racine School District Public 450 15 O BROWN ELEMENTARY SCHOOL GreatSchools Rating
Park High School (Racine) Racine School District Public 1596 15 PARK HIGH SCHOOL GreatSchools Rating
Red Apple Elementary School (Racine) Racine School District Public 320 15 RED APPLE ELEMENTARY SCHOOL GreatSchools Rating
Roosevelt Elementary School (Racine) Racine School District Public 350 14 ROOSEVELT ELEMENTARY SCHOOL GreatSchools Rating
Starbuck Middle School (Racine) Racine School District Public 700 15 STARBUCK MIDDLE SCHOOL GreatSchools Rating
Wadewitz Elementary School (Racine) Racine School District Public 575 13 WADEWITZ ELEMENTARY SCHOOL GreatSchools Rating
Walden Iii High School (Racine) Racine School District Public 297 17 WALDEN III HIGH SCHOOL GreatSchools Rating
Walden Iii Middle School (Racine) Racine School District Public 247 20 WALDEN III MIDDLE SCHOOL GreatSchools Rating
Show More
Demographics

Population Demographics

  City County State
Total Population 127,624 198,358 5,852,878
Total Households 50,606 76,859 2,349,819
Total Families 33,310 52,475 1,516,725
Percent Male 49% 50% 50%
Percent Female 51% 50% 50%
White Collar Jobs 56% 54% 58%
Blue Collar Jobs 44% 46% 42%

Top Occupations

Professions Population Employed
Professional Services 10,253
Healthcare 6,219
Sales 5,729
Manufacturing 4,060
Food 3,867
Maintenance 3,234
Transportation 2,640
Management 2,524
Social Services 2,175
Construction 1,804

Male Female Breakdown

Population Age

White vs Blue Collar Jobs

Top Professions

Work Transportation Method

Household Income

Housing Demographics

  City County State
Total Housing Units
Notice: Undefined property: stdClass::$hou_un_occ in /usr/share/wordpress/community/shorewest_community/wp-content/themes/community/demographics-housing.php on line 135

Notice: Undefined property: stdClass::$hou_un_vac in /usr/share/wordpress/community/shorewest_community/wp-content/themes/community/demographics-housing.php on line 135
0

Notice: Undefined property: stdClass::$hou_un_occ in /usr/share/wordpress/community/shorewest_community/wp-content/themes/community/demographics-housing.php on line 136

Notice: Undefined property: stdClass::$hou_un_vac in /usr/share/wordpress/community/shorewest_community/wp-content/themes/community/demographics-housing.php on line 136
0

Notice: Undefined property: stdClass::$hou_un_occ in /usr/share/wordpress/community/shorewest_community/wp-content/themes/community/demographics-housing.php on line 137

Notice: Undefined property: stdClass::$hou_un_vac in /usr/share/wordpress/community/shorewest_community/wp-content/themes/community/demographics-housing.php on line 137
0
Owner Occupied Housing Units 33,642 53,915 1,601,729
Renter Occupied Housing Units 16,962 22,944 748,090
Vacant Housing Units 4,495 6,435 311,518
Occupancy Rate 92% 92% 84%

Commute Time To Work

2
  City County State
Less than 5 minutes 1,941 3,371 135,725
5 - 15 minutes 21,539 30,130 877,463
15 - 30 minutes 20,668 30,617 975,154
30 - 45 minutes 6,708 13,549 370,565
45-60 minutes 2,928 5,504 120,537
Over 60 minutes 2,595 4,381 113,603

Total Housing Units

Housing By Occupant

Commute Time To Work

Age of Homeowners

Education Attainment

  City County State
Some High School 7,414 10,391 224,571
High School Graduate 25,555 42,601 1,256,597
Some College 20,420 31,979 833,955
Associates Degree 7,860 13,188 410,260
Bachelors Degree 13,570 21,556 747,113
Graduate Degree 7,269 11,117 384,121

Education Attainment


Market Conditions
Market Conditions for Racine - December 2019 | Shorewest Realtors®
December 2019

Market Conditions for Racine

Median Sale Price Graph

Median Sale Price

The median sale price for homes in December was $127,950. The median sales price for homes in December rose by $7,950 compared to last month. This represents a 6.62% increase from November. Compared to the same month last year, the median price of homes rose by $3,950 representing a 3.18% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Homes for Sale Graph

Homes for Sale

The inventory of homes for sale fell by 33 in December to 198. This represents 14.28% decrease from November when 231 homes were on the market. Compared to the same month last year when there were 220 homes for sale, the inventory of homes for sale has fallen by 22 representing a -10% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold Graph

Homes Sold

The 60 homes sold in December was 3 less than in November. This represents a 4.76% decrease in sales from November. Compared to the same month last year, the number of homes sold increased by 8, a 15.38% year-over-year increase.

Homes sold is the total count of properties in the market area that have had a closed sale during the specified month as reported in the MLS systems operating within the market area.

Average Days on Market Graph

Avg Days on Market

The average days on market for a home sold in December (50) increased by 25 days compared to November. This represents a 100% increase in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold increased by 22, a 78.57% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

Sale/List Price Ratio

The Sale/List Price Ratio of 91.45% in December fell by 3.43% compared to November and decreased 5.18% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes Graph

New Homes

The number of homes listed in December (57) fell by 11 compared to November, a 16.17% change. Compared to December 2018, the number of new listings increased by 15, a 35.71% year-over-year change.

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price Graph

Median List Price

The median list price in December was $129,900. The median list price for homes in December rose by $450 compared to last month. This represents a 0.34% increase from November. Compared to the same month last year, the median list price of homes increased $7,950 representing a 6.51% year-over-year increase.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.




Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

  • Heritage Title Services, Inc.
  • The Realty Alliance
  • Wisconsin Mortgage Corporation
  • Leading Real Estate Companies of the World
  • Luxury Portfolio International
  • Shorewest Financial Associates LLC
  • My Dwelling Metro Milwaukee
  • HSA Home Warranty - Because Service Matters