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Racine, MN
Full City Profile · Minnesota · Mower County County
3.4
/5.0
B
Good
476
Population
710/sq mi density
$95,125
Median Income
$42,497 per capita
$239,500
Home Value
$367,473 Zillow
$1,318
Median Rent
28.3% income on rent
45°F
Avg Temperature
260 sunny days/yr
184
Violent Crime/100K
1,990 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$95,125 median income, 1.3% unemployment
A+
Affordability
5.0 / 5.0
$239,500 home value, $1,318/mo rent
F
Safety
1.0 / 5.0
184 violent crimes/100K
C+
Education
2.7 / 5.0
21.0% bachelor's degree or higher
Housing Overview
Median Home Value
$239,500
15% below
US avg: $281,900
Median Rent
$1,318/mo
13% above
US avg: $1,163/mo
Homeownership Rate
90.1%
38% above US avg (65.4%)
Total Housing Units
184
Median year built: 1975
Home Value by Source
Census Median
$239,500
Zillow (ZHVI)
$367,473
Median Sale Price
$350,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
90.1%
Owner-Occupied
9.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$1,318/mo
Market Indicators (Redfin)
Median Days on Market
7 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$155
Affordability & Housing Stock
Rent Burden
28.3%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
90.1%
Complete Housing Data
Home Values
| Census Median Value | $239,500 |
| Zillow Home Value (ZHVI) | $367,473 |
| Median Sale Price | $350,000 |
| Price Per Sq Ft | $155 |
Rent
| Census Median Rent | $1,318 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
| Days on Market | 7 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Price Per Sq Ft | $155 |
Ownership & Stock
| Owner-Occupied | 90.1% |
| Renter-Occupied | 9.9% |
| Homeownership Rate | 90.1% |
| Total Housing Units | 184 |
| Median Year Built | 1975 |
| Rent Burden | 28.3% |