Why Live in Racine
The Racine Art Museum houses North America's largest contemporary craft collection, while the historic Wind Point Lighthouse stands as a restored beacon along Lake Michigan's shores. Frank Lloyd Wright's architectural legacy lives through the SC Johnson Administration Building and Wingspread conference center, both open for public tours. North Beach has earned recognition as a top family destination for swimming and sunbathing. The Root River provides year-round recreation through fishing, hiking, canoeing, and kayaking opportunities. Downtown Racine buzzes with monthly First Friday celebrations and summer concerts at Festival Park. Local dining ranges from Wells Brothers Restaurant's award-winning thin-crust pizza to authentic international cuisine at Kabab and Grill and Asiana Asian Cuisine Restaurant.
The housing market includes diverse options across distinct neighborhoods. Single-family homes in Downtown Racine have a median price of $357,000, while West Racine's median price sits at $198,000. The Lakecrest area commands a median price of $361,000 for single-family homes. One-bedroom condos throughout Racine have a median price of $149,300, while two-bedroom condos reach a median of $247,800.
Property taxes in Racine County stand at 1.7%, slightly higher than Kenosha County at 1.69% but lower than Milwaukee County's 2.04%. The Wisconsin state income tax rate is 5.30% for a yearly salary of $41,645.00. Major employers include SC Johnson, CNH Industrial, and Twin Disc. Commuters benefit from the Belle Urban System bus service and nearby Amtrak access at Sturtevant station, with Milwaukee 22 miles north and Chicago 60 miles south. The Prairie School, a private institution serving multiple neighborhoods including Lakecrest and North Bay-Shorecrest, maintains an A+ rating. Walden III High School, serving Cedar Bend and Kinzie Heights, holds a B+ rating among public schools.
Home Trends in Racine, WI
On average, homes in Racine, WI sell after 29 days on the market compared to the national average of 70 days. The median sale price for homes in Racine, WI over the last 12 months is $255,000, up 6% from the median home sale price over the previous 12 months.
Median Sale Price
$255,000
Median Single Family Sale Price
$265,000
Median 2 Bedroom Sale Price
$210,000
Average Price Per Sq Ft
$175
Number of Homes for Sale
2
Last 12 months Home Sales
67
Median List Price
$239,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
6%