Foreclosure Homes in Racine, OH

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Racine, OH Foreclosures

How much do homes sell for in Racine, OH?
The average home price is currently $113,883.
In Racine, OH, how many homes are available?
There are currently 1,175 active home listings available in Racine.
What’s the average rental cost in Racine, OH?
The average rental price in Racine is $1,044.
What is the most expensive home in Racine, Ohio?
The most expensive home sold in Racine had a price of $587,579.
What is currently the cheapest priced home in Racine, OH?
The cheapest home for sale in Racine is priced at $4,813.

Home Value Estimator For Racine, OH

There are currently 1,175 real estate properties in Racine, OH, with a median automated valuation model (AVM) price of $100,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Racine, OH, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Racine, OH, is $113,883.00, with the most expensive house in Racine, OH, topping out at $587,579.00 and the cheapest home in Racine, OH, clocking in at $4,813.00. In other words, there’s something for every potential homebuyer or savvy investor in Racine, OH!

Rent Prices In Racine, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Racine, OH, is on a rollercoaster ride. The average rent price in Racine, OH, is $1,044.00. Indeed, when looking to rent in Racine, OH, you can expect to pay as little as $460.00 or as much as $1,760.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Racine, OH -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Top Reasons To Live In Racine, OH In 2024

Racine is located in Meigs, Ohio, with an estimated municipal population of 664 residents. All of the best foreclosed homes for sale in Racine are located in the following zip code areas on 45771. The estimated population per square kilometer (.62 miles) in Racine is 488.

Cost Of Living In Racine, OH

So, about how much do homes cost in Racine? The most recent median value of resident-owned homes in Racine is 95,853. An estimated 76.5 percent of households in Racine own their homes, with an average family size of 3.2. The median household income in Racine is 42,434, with16.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Racine, the median commute time of resident workers (in minutes) is 31.1.

Diversity And Demographics In Racine, Ohio

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Racine, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Racine is 42.5, split between 47.6 percent male versus 52.4 female. The percentage of residents who report being married in Racine is 50.1, with an average family size of 3.2.

The percentage of residents who report their race in Racine is as follows:

White 100%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

Looking for family-friendly neighborhoods in and/or near Racine? Or maybe you are searching for 55+ active adult communities in and/or near Racine?

The percentage of residents who report their age in Racine is as follows:

Under 10 10.2%
Aged 10-19 16.1%
20s 7%
30s 12.2%
40s 17.5%
50s 11.3%
60s 14.3%
70s 8.2%
80+ 3.1%

Best Schools In Racine, Ohio

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Racine with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Racine.

Pros And Cons Of Living In Racine, Ohio

How do you know that living in -- or moving to -- Racine is right where you need to be? Perhaps you grew up in Racine or already live nearby; therefore, the decision to buy a home in Racine is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Racine for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Racine:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Racine.

Reasons To Move To Racine, Ohio, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Racine can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Racine, meanwhile, can field multiple offers from more qualified buyers.

Racine, OH Foreclosures


Listing types in Racine, OH

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