RCEDC HOUSING MARKET & DEVELOPMENT SNAPSHOT

"WE'RE IN FOR A FEW YEARS OF A PRETTY ROBUST REAL ESTATE MARKET"

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In 2020, new residents and businesses continued to choose Racine County, taking advantage of its location in the Chicago-Milwaukee corridor. John Crimmings, General Sales Manager of First Weber Real Estate in Racine, believes outside companies are discovering the advantages of doing business here, which attracts home buyers – leading to a future of “a pretty robust real estate market.”

While more new housing development is planned, check out Racine County’s recent activity.

RACINE COUNTY SINGLE-FAMILY HOUSING TRENDS

UNIT SALES BY MUNICIPALITY

Median Sales Price

 2017201820192020
Burlington $185,000 $199,450 $210,000 $228,000
Waterford $270,500 $296,500 $299,000 $319,900
Norway $272,450 $301,250 $330,100 $356,500
Union Grove $195,000 $185,000 $228,000 $236,000
Rochester $251,450 $300,000 $292,000 $290,000
Dover $199,900 $275,000 $276,500 $299,900
Raymond $337,000 $337,500 $321,000 $302,500
Yorkville $350,000 $304,900 $349,500 $376,500
Racine $101,500 $117,900 $126,250 $139,000
Caledonia $212,000 $229,500 $245,000 $259,998
Mount Pleasant $230,000 $260,650 $260,000 $242,900
Sturtevant $172,500 $227,000 $240,500 $194,000
Wind Point $273,000 $309,944 $316,000 $289,700
North Bay / Elmwood $238,000 $248,750 $262,500 $250,000

FEATURED MULTI-FAMILY HOUSING DEVELOPMENT

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