Home prices
The median home in Racine is valued at $108,700. This is roughly $98,380 (47%) lower in comparison to the surrounding areas.Compared to the rest of the nation it is about $108,800 (50%) lower, and is about $149,300 (57%) lower in comparison to the city of Chicago.
Rents
Racine's median rent is $831 a month. It is about $143 (14%) lower compared to its surrounding areas.It is roughly $231 (21%) lower compared to the US as a whole, and it is about $281 (25%) lower compared to the city of Chicago.
Nearby places
Mount Pleasant
Mount Pleasant is Racine's neighbor to the west. The real estate prices there are significantly more expensive. The median home in Mount Pleasant is valued at $190,800, which comes out to $82,100 (43%) higher than Racine. Rents there are pretty similar. The median monthly rent in Mount Pleasant is $859, which works out to $28 (3%) higher than Racine.
Caledonia
Caledonia is Racine's neighbor to the northwest. Its real estate prices are a lot more expensive. The cost of the median home in Caledonia is $208,600, which comes out to $99,900 (47%) higher than Racine. The rent there is a bit more expensive. Caledonia's median rent is $917 per month, which is $86 (9%) higher than Racine.
Sturtevant
Sturtevant is about 4 miles southwest of Racine. Its real estate prices are substantially more expensive. Sturtevant's median home price is $160,200, which comes out to $51,500 (32%) higher than Racine. Its rents are similar. Sturtevant's median monthly rent is $864, which works out to $33 (3%) higher than Racine.
Somers
Somers is approximately 6 miles southwest from Racine. Housing prices there are a lot more expensive. The median home in Somers is valued at $205,100, which works out to $96,400 (47%) higher than Racine. The rent there is a bit more expensive. Somers's median rent is $972 per month, which comes out to $141 (14%) higher than Racine.
Yorkville
Yorkville is about 8 miles west from Racine. Housing prices there are substantially more expensive. The price of the median home in Yorkville is $270,700, which works out to $162,000 (59%) higher than Racine. The rent there is substantially more expensive. The median rent in Yorkville is $1,257 per month, which comes out to $426 (33%) higher than Racine.
