Housing in Racine, MN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — December 2025

Median Sale Price

$324,900

Median List Price

N/A

Price Per Sq Ft

$124

Days on Market

64

Active Inventory

N/A

Zillow Home Value

$362,888

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 8.3%List Price 68.2%Aug 24Dec 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

100.0%

Seller's market

Sold Above Asking
0.0%

Market Activity

Source: Redfin

Homes Sold

1

Homes Sold 0.0%New Listings 100.0%Pending 0.0%Aug 24Dec 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$124

Sale $/SF 10.7%List $/SF 97.0%Aug 24Dec 25

Racine vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Racine is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$239,500

Median Rent

$1,318

Total Housing Units

175

Vacancy Rate

2.3%

Owner Occupied

90.1%

Renter Occupied

9.9%

Median Property Tax

$2,443

per year

Monthly Cost (w/ Mortgage)

$1,547

Housing Types

Single Family
97.1%
Multi-Family
2.9%
Mobile Home
0.0%

The current median sale price in Racine, MN is $324,900 according to Redfin data. Homes spend a median of 64 days on the market. 0.0% of homes sold above asking price. The median price per square foot is $124. The median rent is $1,318 per month (Census ACS). About 90.1% of housing units are owner-occupied. The median year homes were built is 1976. There are 175 total housing units.