Home prices
The cost of the median home in Racine is $167,700. In comparison to the surrounding areas it is roughly $48,620 (40%) higher.It is about $49,800 (22%) lower compared to the rest of the country, and is about $83,900 (33%) lower compared to the city of Minneapolis.
Rents
Racine's median monthly rent is $1,021. This is approximately $359 (54%) higher in comparison to the surrounding areas.In comparison to the entire country it is roughly $41 (3%) lower, and compared to the city of Minneapolis is is very similar.
Nearby places
Stewartville
Stewartville is roughly 5 miles north from Racine. The real estate prices there are a bit more expensive. The median home in Stewartville is valued at $178,700, which is $11,000 (6%) higher than Racine. Rents there are a bit less expensive. In Stewartville the median monthly rent is $859, which works out to $162 (18%) lower than Racine.
Grand Meadow
Grand Meadow is roughly 5 miles southwest from Racine. Its real estate prices are significantly less expensive. The cost of the median home in Grand Meadow is $112,100, which is $55,600 (49%) lower than Racine. Rent there is substantially less expensive. In Grand Meadow the median monthly rent is $681, which comes out to $340 (49%) lower than Racine.
Spring Valley
Spring Valley is about 6 miles southeast of Racine. The real estate prices there are a lot less expensive. The median home in Spring Valley costs $106,800, which comes out to $60,900 (57%) lower than Racine. The rent there is a lot less expensive. Spring Valley's median monthly rent is $590, which works out to $431 (73%) lower than Racine.
Wykoff
Wykoff is about 10 miles southeast of Racine. The real estate prices there are substantially less expensive. The cost of the median home in Wykoff is $86,400, which works out to $81,300 (94%) lower than Racine. The rent there is substantially less expensive. Wykoff's median monthly rent is $752, which is $269 (35%) lower than Racine.
Dexter
Dexter is roughly 10 miles west of Racine. The real estate prices there are a lot less expensive. The median home value in Dexter is $111,400, which is $56,300 (50%) lower than Racine. Rent there is a lot less expensive. In Dexter the median rent is $428 a month, which comes out to $593 (138%) lower than Racine.