Is West Racine, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, West Racine has remained a Seller's Market.
Housing Prices in West Racine, WI
How much do homes in West Racine, WI cost?
Median Sold Price
$180,000
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in West Racine was $180,000 in April 2024, up 2.9% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $94.7K | $107.2K | +13.2% |
2 Bedrooms | $152K | $155K | +2.0% |
3 Bedrooms | $175K | $185K | +5.7% |
4 Bedrooms | $199.2K | $194.9K | -2.2% |
5+ Bedrooms | $232.5K | $206.5K | -11.2% |
Summary: West Racine housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.2%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 11.2%.
Housing Supply in West Racine, WI
How many homes are available in West Racine, WI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 26 | +18.2% |
Summary: The West Racine real estate market had 26 homes for sale in April 2024, a 18.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 10 | 16 | +60.0% |
4 Bedrooms | 8 | 6 | -25.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The West Racine housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 60%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 6 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in West Racine in April 2024, down by 40.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 0% were sold at asking, and 83% were sold over asking.
Days on Market for West Racine, WI
We’re sorry, we don't have information for this market at the moment