Market Intelligence · WI / Racine

Racine, WI 53404 Housing Market

Homes in Racine, WI 53404 have a typical value of $195,730, up 4.8% over the past year. The median list price stands at $223,450, with homes staying on market for a median of 28 days.

Updated September 2026Median value$196K

The median home value in Racine, WI 53404 is $196K as of September 2026, up 4.8% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 53404 range

$180K to $211K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+4.8% over 12 months

Typical home value in 53404 over the last 12 months: $187K in Sep 2025 to $196K in Sep 2026 (+4.8%).

Sep 2025$187K

Sep 2026$196K

The numbers

What is the 53404 housing market like?

Typical home value

$196K

Up4.8%YoY

Median list price

$223K

Down4.9%MoM

Days on market

28

Down15.2%MoM

Homes for sale

32

Up52.4%MoM

Price cuts

19.4%

Down15.1%MoM

New listings

16

Up33.3%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

53404 housing market forecast 2027

+4.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 53404 to rise 4.3% by September 2027.

Over the 12 months through September 2026, typical home values in 53404 rose 4.8%, per the Zillow Home Value Index.

Will home prices drop in 53404?

Zillow's forecast does not call for a drop: it expects typical home values in 53404 to rise 4.3% by September 2027, after a 4.8% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 53404 home prices compare?

  • 53404$195,730
  • Racine$234,697
  • Wisconsin$310,474
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Racine: 5 ZIPs; Wisconsin: 679 ZIPs; United States: 26,262 ZIPs).

Context

The ZIP code has 32 homes for sale as of September 2026, with 16 new listings entering the market. Median days on market sits at 28, suggesting moderate buyer activity. However, 19.4% of listings have seen a price cut, which indicates some sellers are adjusting expectations in a market where inventory remains relatively modest. For sellers, patience and realistic pricing will be important in this environment.

Monthly payment

Estimate your monthly payment.

20% · $39,146

Common questions

What people ask us.

What is the typical home value in 53404?

The typical home value in Racine, WI 53404 is $195,730, which has increased 4.8% over the past year.

How many homes are currently for sale in 53404?

There are 32 homes for sale as of September 2026, with 16 new listings added during that period.

How long do homes typically stay on the market in 53404?

The median days on market in this ZIP is 28 days as of September 2026.

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