Market Intelligence · WI / Racine

Racine, WI 53405 Housing Market

The typical home value in Racine's 53405 ZIP code is $234,697, up 6.3% over the past year. Homes on the market are listed at a median price of $247,450 and spend a median of 31 days on the market.

Updated September 2026Median value$235K

The median home value in Racine, WI 53405 is $235K as of September 2026, up 6.3% 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 53405 range

$216K to $253K

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

+6.3% over 12 months

Sep 2025$221K

Low $221KHigh $235K

Sep 2026$235K

The numbers

What is the 53405 housing market like?

As of September 2026

Typical home value

$235K

6.3%YoY

Median list price

$247K

4.8%MoM

Days on market

34.8%MoM

Homes for sale

21.2%MoM

Price cuts

29.0%

38.0%MoM

New listings

16.7%MoM

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

The outlook

53405 housing market forecast 2027

+4.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 53405 to rise 4.6% by September 2027.

Over the 12 months through September 2026, typical home values in 53405 rose 6.3%, per the Zillow Home Value Index.

Will home prices drop in 53405?

Zillow's forecast does not call for a drop: it expects typical home values in 53405 to rise 4.6% by September 2027, after a 6.3% 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 53405 home prices compare?

53405$234,697
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

September 2026 shows 63 homes for sale in this ZIP code, with 30 new listings arriving in the month. The median list price sits at $247,450, and homes typically spend 31 days on the market before sale. However, 29.0% of listings have seen a price cut, suggesting buyers have negotiating room. For sellers, the upward value trend is encouraging, but the prevalence of price adjustments signals a market where pricing strategy matters.

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Down payment20% · $46,939

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Common questions

What people ask us.

What is a typical home value in 53405?

The typical home value in Racine's 53405 ZIP code is $234,697, having appreciated 6.3% over the past year.

How long do homes stay on the market in 53405?

Homes in this ZIP code spend a median of 31 days on the market.

What percentage of listings have price cuts?

As of September 2026, 29.0% of listings in 53405 have seen a price reduction.

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