The median home in Racine, Minnesota is valued at $362,888, up 5.1% year over year. Racine is part of the Austin, MN metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Austin, MN stress score, crash risk, and 12-month forecast →

Home Value$362,888

+5.1%

AFFORDABILITY

Enter your income for Racine.

Income (annual)

Down Payment

$72,578 on $362,888

Out of reach — 37.2% of income

Need $99,600/yr to afford.

PITI$2,324

P/I37.2%

Afford$273K

Gap-$90K

P&I $1,835Tax $339Ins $150

6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Minnesota

Compare Racine with other housing markets across Minnesota.

Minnetonka Beach$2220K Woodland$1619K Greenwood$1602K Sunfish Lake$1156K Orono$1084K Medicine Lake$1082K Tonka Bay$1059K Deephaven$1018K

Full Austin, MN analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Austin, MN metro.

View Austin, MN metro →

RACINE, MN