Property prices for sale in Racine (Wisconsin)

The prices in real estate in Racine, in the Wisconsin region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$215,478.33
Average price last 6 months
$124.67
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Racine has increased during the last 6 months. In October, the average price per sq.feet was $114. In November this price pretty much remained the same at a value of $113 per sq.feet. In the following two months the price per sq.feet has increased 110 %, going from $113.5 to $124.5 per sq.feet. The price per sq.feet has increased 114 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $119 to $136 during February, and March.

Average price

Based upon to the price in Racine (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $158,116. In November This price remains at $162,562. During the following two months (December, January) the average price had a considerable increase of 146 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 128 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $271,877 they are 56 % more affordable than the average price for Racine. The properties with the highest average price have 4 bedrooms, Their price is 52 % more costly than the average. After that we have properties with 3 bedrooms priced at $237,978.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $108 / sq.feet, with an average $136 / sq.feet price in Racine. The properties with the highest average prices have 4 bedrooms. They are 8 % more expensive than the average followed by properties with 3 bedrooms with a price at $137 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $271,877 it is 65 % cheaper than the average price in Racine. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $120,046 it is 25 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $74 / sq.feet followed by "House" priced at $116 / sq.feet. "Townhouse" is the most costly type of property with a $562 / sq.feet cost followed by "House" with an average price of $116 / sq.feet.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Racine
Number of properties used in region Wisconsin
$271,877
$136
1,250
59,230
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value