Real Estate Investing in Racine, Minnesota (55967)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Mower County • Population: 1,009 • Data updated: September 2026

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Should you buy in 55967 (Racine, MN)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (76/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Racine, MN (55967)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $359,722
Avg Monthly Rent $1,305
1% Rule ✗ Does Not Meet
Median Income $99,091
% Renters 5.5%

Market Analysis: 55967 Racine

The 55967 ZIP in Racine, MN is a local-operator market. Outside capital chasing a $360K entry has to pair deep knowledge with the discount.

Meanwhile, the numbers look inviting — $360K purchase price, 0.0% nominal cap — the work to hit that pro forma in 55967 is substantial and deserves full respect.

ZIP 55967's metrics run below Mower County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.

Employment concentration in 55967 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

Strategically, 55967 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Racine:

C+ Average
Buy Confidence Score: 65/100
Affordability
15/25
Appreciation
22/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.6× the median income
Value Trend
Rising (+4.4%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,305/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Austin, MN Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
8.9%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Austin, MN metro data

Market Trends

Home Value History (with trend line)

$378K$326K$275K$223K$172K$120KJul 2006Jul 2016Jul 2026

📊 How Does 55967 Compare?

Metric 55967 Racine Austin, MN Minnesota
Home Value $359,722 $359,722 N/A $340,597
5-Year CAGR 5.4% 5.4% N/A 4.9%
Avg Rent $1,305 $1,305 N/A -
Cap Rate 2.8% 2.8% - -
💡 Why Invest in 55967? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 55967 (Racine, MN). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.8%
Low
5yr Growth
+5.4%
Moderate

📉 Market Crash Risk Index

Based on Austin, MN metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
47%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $359,722
Monthly Rent $1,305
Price-to-Rent 23.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.4%
Cap Rate 2.8%
5-Year IRR 8.3%

📈 Home Appreciation

1-Year +4.4% ▲
3-Year CAGR +5.5% ▲
5-Year CAGR +5.4% ▲
10-Year CAGR +7.6% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.8%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.8%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
2.7%
Low risk
Landlord Climate
3.0/5
Balanced
Value Trend (5yr)
+5.4%
Stable
Eviction process: Slow Rent control: Moderate

Demographics in 55967

Population: 1,009

💰 Median Household Income
$99,091
This area
$99,091
State
$77,168
USA
$74,580
🏠 Renter Occupied
5.5%
This area
5.5%
State
18.9%
USA
34.0%
💼 Unemployment Rate
0.8%
This area
0.8%
State
-3.2%
USA
3.7%
🎓 College Educated
22.6%
This area
22.6%
State
20.0%
USA
33.7%
👤 Median Age
40.0 years
This area
40.0 years
State
37.2 years
USA
38.9 years
🏚️ Vacancy Rate
2.7%
This area
2.7%
State
17.0%
USA
10.5%
👥 Population by Ethnicity
White 96.9%
Other/Mixed 2.5%
Hispanic/Latino 1.4%
Black/African American 0.5%
👶 Under 18
30.0%
This area
30.0%
USA
22.0%
👴 65 and Over
14.9%
This area
14.9%
USA
17.3%
📊 Poverty Rate
1.9%
This area
1.9%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

Frequently Asked Questions

What is the average home sale price in Racine, MN?

Median home price in Racine, MN is near $360K, with a 5-year CAGR of 0.0%. Prices have been predictable and supportive of buy-and-hold strategies.

Is Racine, MN landlord-friendly?

Rental owners in Racine, MN deal with a balanced legal framework. Most standard eviction processes run on reasonable timelines.

What is the smart move for investors in Racine, MN?

The best-fit strategy in Racine, MN is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

Is vacancy a concern in Racine, MN?

Vacancy in Racine, MN is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,305/mo.

Is house hacking profitable in Racine, MN?

The house hack math a challenging in Racine, MN. Owner-occupant buyers benefit from the $1,305/mo rents and $360K home values.

You know 55967 now. You don’t know where it ranks.

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How 55967 ranks in Austin, MN

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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