Market Intelligence · WI / Racine

Racine, WI 53406 Housing Market

Racine 53406 has a typical home value of $330,863, up 5.2% over the past year. The median list price stands at $341,468, with homes spending a median of 31 days on market as of September 2026.

Updated September 2026Median value$331K

The median home value in Racine, WI 53406 is $331K as of September 2026, up 5.2% 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 53406 range

$304K to $357K

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

+5.2% over 12 months

Sep 2025$314K

Low $314KHigh $331K

Sep 2026$331K

The numbers

What is the 53406 housing market like?

As of September 2026

Typical home value

$331K

5.2%YoY

Median list price

$341K

7.0%MoM

Days on market

18.4%MoM

Homes for sale

18.5%MoM

Price cuts

20.3%

201.8%MoM

New listings

26.9%MoM

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

The outlook

53406 housing market forecast 2027

+4.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 53406 to rise 4.3% by September 2027.

Over the 12 months through September 2026, typical home values in 53406 rose 5.2%, per the Zillow Home Value Index.

Will home prices drop in 53406?

Zillow's forecast does not call for a drop: it expects typical home values in 53406 to rise 4.3% by September 2027, after a 5.2% 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 53406 home prices compare?

53406$330,863
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 53406 ZIP has 96 homes for sale and 38 new listings as of September 2026. About one in five listings, at 20.3%, have seen a price reduction. With the median time on market at 31 days and the year-over-year value gain at 5.2%, the market shows modest momentum. Homes are moving steadily, though the price-cut share suggests some sellers are adjusting to market conditions rather than seeing rapid bidding wars.

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Down payment20% · $66,173

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Common questions

What people ask us.

What is the typical home value in 53406?

As of September 2026, the typical home value in Racine 53406 is $330,863, up 5.2% over the past year.

How long do homes stay on market in 53406?

The median days on market in 53406 is 31 days as of September 2026.

What share of homes have price cuts in 53406?

About 20.3% of listings in 53406 have experienced a price cut as of September 2026.

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Nearby ZIP markets.

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