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This Midwestern City Posts the Fastest Annual Home Price Growth, Analysis Finds

Homebuyers Flocking to Affordable Areas Can Drive Up Costs, Local Broker Says

Racine, Wisconsin, sits on the shore of Lake Michigan between Milwaukee and Chicago. (Zach Lipp/CoStar)
Racine, Wisconsin, sits on the shore of Lake Michigan between Milwaukee and Chicago. (Zach Lipp/CoStar)

Nestled between Milwaukee and Chicago along the shore of Lake Michigan, the city of Racine was once known as one of the most affordable cities in Wisconsin to buy a home. But now, it’s experiencing some of the most rapid house price growth in the United States.

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