Market Overview
Home Prices in Racine, WV
The median home value in Racine, WV is $88,747 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.6% compared to a year ago and down 9.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Racine are priced78% below average. Racine is part of the Charleston, WV metro area.
Over the past five years, Racine home values have fallen by approximately6.1%, reflecting softening conditions in this market.
Price History
Racine Home Price Trend
2020
$81,547
$82K
—
2021
$94,469
$94K
+15.8%
2022
$99,321
$99K
+5.1%
2023
$96,030
$96K
-3.3%
2024
$101,661
$102K
+5.9%
2025
$92,061
$92K
-9.4%
2026
$88,747
$89K
-3.6%
City Comparison
Racine vs. National Median
🏠 Racine
$88,747
National Median
$410,000
At $88,747, homes in Racine cost 78% below the national median of $410,000. This makes Racine a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Racine?
20% Down Payment
$17,749
on $88,747
Monthly P&I
$463/mo
30-yr @ 6.8%
Total Monthly Est.
~$588/mo
incl. taxes & insurance
Income Needed
$23,520
gross annual (30% rule)
10% Down Option
$8,875
+ PMI applies
Loan Amount (20% dn)
$70,998
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Racine, WV?
The median home value in Racine is $88,747 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3.6% year-over-year.
How much have home prices changed in Racine?
Over the past year, home values in Racine have decreased by 3.6%. Over five years, prices have fallen approximately 6.1%.
How much do I need to earn to buy a home in Racine?
To comfortably afford the median home price of $88,747 with a 20% down payment ($17,749) at today's rates (6.8%), you'd need a gross annual income of approximately $23,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Racine compare to the national average home price?
The national median home value is approximately $410,000. At $88,747, homes in Racine are 78% below the national average.
What metro area is Racine part of?
Racine is part of the Charleston, WV metropolitan area. Home prices and market conditions can vary across the broader metro region.