Is Racine, WI 53407 a buyer’s or seller’s market?
Racine is a seller’s market. With about 3.2 months of supply and 33% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply3.2Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list96.7%Sold price ÷ list price
Median days on market45Listing to accepted offer
Median price per sq ft$265▲ +13.4% vs. last year
Run the numbers for 53407
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology