New - 31 minutes on Rocket
#1904407, Young Mundy Real Estate Group*, Listing Office: Abundance Real Estate
Racine County Housing Market Report December 2024•Racine County, Wisconsin
Housing Prices in Racine County, WI
How much do homes in Racine County, WI cost?
Housing Market Conditions
Is Racine County, WI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Racine County is a Seller's Market
Difference Since December 2023
Since last year, Racine County has remained a Seller's Market.
Insight
Racine County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$286,167$176/SqFt
+$35,388
+14.1%
Based on all homes sold in the last 12 months
Insight
Homes in Racine County have sold for 14.1% more than they did a year ago.
Summary: The median home sold price in Racine County was $286,167 in December 2024, up 14.1% from last year, and the median price per square foot was $176.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Racine County | $250.7K | $286.1K | +14.1% |
| Milwaukee County | $244.7K | $264.9K | +8.2% |
| Kenosha County | $270.5K | $289.8K | +7.1% |
| Walworth County | $345.3K | $365.6K | +5.9% |
| Waukesha County | $424.9K | $449.8K | +5.8% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $148.5K | $150K | +1.0% |
| 22 Bedrooms | $185K | $195K | +5.4% |
| 33 Bedrooms | $256.3K | $285.8K | +11.5% |
| 44 Bedrooms | $351.3K | $407.5K | +16.0% |
| 55+ Bedrooms | $440K | $535K | +21.6% |
Summary: Racine County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +1.0%. The home price for 2 bedroom homes increased by +5.4%. The home price for 3 bedroom homes increased by +11.5%. The home price for 4 bedroom homes increased by +16.0%. The home price for 5 bedroom homes increased by +21.6%.
Housing supply in Racine County, WI
How many homes are available in Racine County, WI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 512Last MonthDec 2024 | ||
| 6082 months agoNov 2024 | -15.8 % Change MoMNov – Dec |
Summary: The Racine County real estate market had 512 homes for sale in Dec 2024, a 15.8 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 151Last MonthDec 2024 | ||
| 2022 months agoNov 2024 | -25.2 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 5 | 3 | -40.0% |
| 22 Bedrooms | 111 | 92 | -17.1% |
| 33 Bedrooms | 313 | 252 | -19.5% |
| 44 Bedrooms | 143 | 133 | -7.0% |
| 55+ Bedrooms | 36 | 32 | -11.1% |
Summary: Racine County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -40.0%. The inventory for 2 bedroom homes decreased by -17.1%. The inventory for 3 bedroom homes decreased by -19.5%. The inventory for 4 bedroom homes decreased by -7.0%. The inventory for 5 bedroom homes decreased by -11.1%.
Asking Price vs. Sold Price
How much do homes in Racine County, WI cost?
Over Asking Price40 Homes
At Asking Price28 Homes
Under Asking Price83 Homes
Insight
If you're buying a home in Racine County, you may be able to get a good deal. 55% of homes here sold below asking price last month.
Summary: A total of 151 homes were sold or pending in Racine County in December 2024, down by 25.2% month-over-month. Of the 151 sold homes, 55% were sold under asking, 19% were sold at asking, and and 26% were sold over asking.
Days on Market for Racine County, WI
How long does it take to sell a home in Racine County, WI?
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 0 DaysThis YearDec 2024 | ||
| 13 Days1 year agoDec 2023 | 0.0 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Racine County had an average listing age of 0 days in Dec 2024, down by .0% compared to the previous year.
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Newest Listings in Racine County, WI
What homes are available in Racine County, WI?
New - 40 minutes on Rocket
#1904406, Young Mundy Real Estate Group*, Listing Office: Abundance Real Estate
New - 53 minutes on Rocket
#1904399, Young Mundy Real Estate Group*, Listing Office: Abundance Real Estate
New - 1 hour on Rocket
#1904398, Young Mundy Real Estate Group*, Listing Office: Abundance Real Estate
New - 1 hour on Rocket
#1904396, Young Mundy Real Estate Group*, Listing Office: Abundance Real Estate
New - 1 hour on Rocket
#1904394, Young Mundy Real Estate Group*, Listing Office: Abundance Real Estate
New - 5 hours on Rocket
$5,106 Closing Credit¹
#1904361, Anita Olsen, Listing Office: Anita Olsen, Broker
New - 5 hours on Rocket
$5,462 Closing Credit¹
#1904362, Anita Olsen, Listing Office: Anita Olsen, Broker
New - 5 hours on Rocket
$5,461 Closing Credit¹
#1904355, Robert Selensky, Listing Office: Parkway Realty, LLC
New - 10 hours on Rocket
$8,145 Closing Credit¹
#1904298, Kimberly Hood, Listing Office: RE/MAX Newport
New - 10 hours on Rocket
$3,443 Closing Credit¹
#1904284, Robin Polzin, Listing Office: Shorewest Realtors, Inc.
New - 12 hours on Rocket
$4,155 Closing Credit¹
#1904272, Jim Albrecht, Listing Office: RE/MAX Platinum
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Based on information from Wisconsin Real Estate Exchange, Midwest Real Estate Data, and NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc. for the period 01/01/2023 - 01/01/2025
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Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 1/17/2025, 10:16:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 1/17/2025, 10:22:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.