The story of this market
The typical home in ZIP 53406 sells for about $320,355, or $165 per square foot.
Prices are up +15% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,095 a month.
ZIP 53406 — Racine
The 53406 housing market shows strong price appreciation and competitive conditions, driven by limited inventory and steady demand from regional commuters. While affordability remains a factor, the area's growth in commercial infrastructure continues to support property values.
This ZIP is well-suited for families and commuters who value proximity to the I-94 corridor while seeking a suburban environment with access to both Milwaukee and Chicago.
Median prices moved up 15.0% year over year.
Homes spend a median of 42 days on market with 2.4 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.2% · poverty 8.7% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 53406, Racine County WI
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Mount Pleasant area are generally lower than the city of Racine average, with property crime being the primary concern.
Schools serving the area are part of the Racine Unified School District, which maintains a mix of public school performance ratings.
The area is subject to standard Midwestern climate risks, including severe thunderstorms and winter weather, with flood risk concentrated in specific low-lying zones.
Economic momentum is driven by proximity to the Racine-Kenosha corridor and ongoing commercial development in Mount Pleasant, including light industrial and retail expansion.
Property taxes are assessed at the county level by Racine County, with rates reflecting local municipal and school district levies.
Residents primarily commute via I-94, providing access to the Milwaukee employment core to the north and the Chicago metropolitan area to the south.
The area features access to local parks, proximity to Lake Michigan waterfront amenities, and several regional golf courses and shopping centers.
The rental market is characterized by steady demand from commuters and local workers, with moderate vacancy pressure and rising rents.
The economy is anchored by manufacturing, healthcare, and retail sectors, with significant employment influence from the broader Racine-Kenosha industrial base.
Development is focused on mixed-use commercial expansion along the Highway 20 and I-94 corridors.
Parcels are subject to Racine Unified School District taxes and local municipal levies.
Property insurance premiums are influenced by regional exposure to wind and hail damage common in southeastern Wisconsin.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Pleasant Prairie RecPlex3.714.6 mi
- Jellystone Park™ Caledonia4.37.2 mi
- Round1 Bowling & Arcade - Greendale3.816.3 mi
- Bear Paw Adventure Park4.37 mi
- America's Action Territory4.412.7 mi
- Bristol Renaissance Faire4.517.2 mi
- Boerner Botanical Gardens4.716.2 mi
- Apple Holler4.36.3 mi
- Brat Stop4.412.5 mi
- Great Lakes Dragaway4.79.7 mi
- Apple Holler4.36.3 mi
- Marcus South Shore Cinema4.512.7 mi
- Seven Bridges4.812.9 mi
- Racine North Beach4.64.3 mi
- Racine Zoo4.34.1 mi
- Bryant's Cocktail Lounge4.719.4 mi
- Kenosha Public Museum4.710.7 mi
- Dinosaur Discovery Museum4.510.8 mi
- Russell Military Museum4.417.4 mi
- Polish Center of Wisconsin | Polish Heritage Alliance, Inc.4.614.4 mi
- Seven Bridges4.812.9 mi
- Bender Park4.59.3 mi
- Petrifying Springs Park4.85.7 mi
- Grant Park4.712.7 mi
- Cliffside Park Campgrounds4.56.1 mi
- North Point Marina4.717.8 mi
- South Shore Yacht Club4.618 mi
- Reefpoint Marina4.64.5 mi
- Southport Marina4.710.8 mi
- South Milwaukee Yacht Club4.511.8 mi
- Oakwood Park Golf Course4.410.2 mi
- Ives Grove Golf Course4.65 mi
- Grant Park Golf Course4.412 mi
- Petrifying Springs Golf Course4.35.8 mi
- Johnson Park Golf Course4.42.6 mi
- 7 Mile Fair4.28 mi
- Blain's Farm & Fleet4.312.6 mi
- Meijer4.211.5 mi
- Blain's Farm & Fleet4.43 mi
- Jerry Smith Pumpkin Farm4.47.8 mi
- Milwaukee Mitchell International Airport4.514.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large regional park with trails and recreational facilities.
Major regional retail hub serving the Racine area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.