Racine, MN housing market
The typical Racine home is worth about $389,000, up 6.1% in a year, 11% above the Minnesota typical home.
Home values, sales, trends and how Racine compares with the towns next door — updated as new data is published.
Racine at a glance
Typical home value, 2016–2026
Show as a table
| January | Racine | Minnesota |
|---|---|---|
| 2017 | $187,000 | $217,000 |
| 2018 | $203,000 | $232,000 |
| 2019 | $221,000 | $246,000 |
| 2020 | $232,000 | $259,000 |
| 2021 | $257,000 | $282,000 |
| 2022 | $301,000 | $313,000 |
| 2023 | $319,000 | $325,000 |
| 2024 | $329,000 | $331,000 |
| 2025 | $360,000 | $341,000 |
| 2026 | $379,000 | $349,000 |
| August 2026 | $389,000 | $351,000 |
Racine and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Racine | $389K | +6.1% | $1,370 | — | $128,529 |
| High Forest | — | +2.8%† | $1,300 | 1 | $108,558 |
| Frankford | — | +11.8%† | $1,120 | — | $121,250 |
| Sumner | — | +7.2%† | $1,220 | — | $86,667 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,370
HUD's Fair Market Rent for a two-bedroom in Racine is $1,370 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $950 · 4 bedrooms $1,920
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (55936, 55967, 55976; Fillmore County, MN HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.