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Metro areas › Racine-Mount Pleasant, WI

Metropolitan area

Racine-Mount Pleasant, WI

Wisconsin · 1 county · 198,919 residents (2025 est.)

FHFA quarterly index through 2026 Q2Annual index 1975–2025Permits through August 2026
FHFA house price index for Racine-Mount Pleasant, WI, quarterly from 1981 to 2026 Q2, with the national index rebased to the same start and NBER recessions shadedRecession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 202001002003004005001990200020102020United States2026: 344
Racine-Mount Pleasant (100 = first year)United States, rebased to the same startNBER recession

FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. The line above is FHFA's standard quarterly all-transactions index for the metropolitan area; the comparison table below uses FHFA's annual CBSA index, which FHFA describes as developmental. The index does not give a dollar value for any home.

Racine-Mount Pleasant, WI is a metropolitan statistical area of 1 county and about 199,000 residents. FHFA's annual index for it begins in 1975 and has risen +579.4% through 2025.

The standard quarterly index for the area, published through 2026 Q2, is +7.2% on a year earlier and +3.8% on the previous quarter.

Over the ten years to 2025 the annual index rose +103.7% (+7.4% a year), above Wisconsin at +95.5% and well above the national +85.0%.

From a 2007 peak the index fell −22.3% to 2013, regaining the peak in 2019.

Across its counties, 680 housing units were authorised in the 12 months to August 2026, 3.4 per 1,000 residents, +36.0% on the previous 12 months.

+7.2%year to 2026 Q2, quarterly indexUS +3.0%
+7.9%1 year, 2024–2025US +2.8%
+57.3%5 yearsUS +47.0%
+103.7%10 years+7.4% a year annualised
+137.2%since 2000US +158.3%
680units permitted, 12 months3.4 per 1,000 residents

Same span, three levels

Change in the FHFA indexRacine-Mount PleasantWisconsinUnited States
1 year (2024–2025)+7.9%+5.4%+2.8%
5 years (2020–2025)+57.3%+57.4%+47.0%
10 years (2015–2025)+103.7%+95.5%+85.0%
20 years (2005–2025)+73.5%+84.7%+79.1%
Since 2000+137.2%+143.0%+158.3%
Since 1975+579.4%+743.9%+960.7%
10-year annualised+7.4%+6.9%+6.3%
20-year annualised+2.8%+3.1%+3.0%

FHFA annual all-transactions indexes over identical years.

Decade by decade

DecadeChangeUnited States
1980s (1980–1990)+33.4%+68.2%
1990s (1990–2000)+51.9%+33.9%
2000s (2000–2010)+23.2%+29.7%
2010s (2010–2020)+22.4%+35.5%
2020s so far (2020–2025)+57.3%+47.0%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1975 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1975 are not shown.

Peak-to-low declines

PeakLowDeclinePeak regained
20072013−22.3%2019
19791982−11.9%1983

Building permits across the area

Housing units authorised in the area's county (OMB July 2023 delineations), summed from county files.

Housing units authorised in the Racine-Mount Pleasant, WI area by month, latest 12 months050100150Sep 2025: 29 units (12 single-family, 17 in multi-unit buildings)Sep 2025Oct 2025: 30 units (19 single-family, 11 in multi-unit buildings)Oct 2025Nov 2025: 67 units (14 single-family, 53 in multi-unit buildings)Nov 2025Dec 2025: 31 units (24 single-family, 7 in multi-unit buildings)Dec 2025Jan 2026: 25 units (15 single-family, 10 in multi-unit buildings)Jan 2026Feb 2026: 31 units (24 single-family, 7 in multi-unit buildings)Feb 2026Mar 2026: 103 units (87 single-family, 16 in multi-unit buildings)Mar 2026Apr 2026: 105 units (62 single-family, 43 in multi-unit buildings)Apr 2026May 2026: 43 units (21 single-family, 22 in multi-unit buildings)May 2026Jun 2026: 69 units (42 single-family, 27 in multi-unit buildings)Jun 2026Jul 2026: 71 units (24 single-family, 47 in multi-unit buildings)Jul 2026Aug 2026: 76 units (23 single-family, 53 in multi-unit buildings)Aug 2026

Housing units authorised in the Racine-Mount Pleasant, WI area by month, latest 12 monthssingle-family2+ unit buildings

Housing units authorised in the Racine-Mount Pleasant, WI area by month, latest 60 months050100150Sep 2021: 0 units (0 single-family, 0 in multi-unit buildings)Sep 2021Oct 2021: 0 units (0 single-family, 0 in multi-unit buildings)Nov 2021: 0 units (0 single-family, 0 in multi-unit buildings)Dec 2021: 0 units (0 single-family, 0 in multi-unit buildings)Jan 2022: 8 units (8 single-family, 0 in multi-unit buildings)Feb 2022: 10 units (6 single-family, 4 in multi-unit buildings)Mar 2022: 14 units (14 single-family, 0 in multi-unit buildings)Apr 2022: 20 units (16 single-family, 4 in multi-unit buildings)May 2022: 15 units (13 single-family, 2 in multi-unit buildings)Jun 2022: 13 units (11 single-family, 2 in multi-unit buildings)Jul 2022: 14 units (14 single-family, 0 in multi-unit buildings)Aug 2022: 18 units (16 single-family, 2 in multi-unit buildings)Sep 2022: 12 units (10 single-family, 2 in multi-unit buildings)Sep 2022Oct 2022: 10 units (10 single-family, 0 in multi-unit buildings)Nov 2022: 9 units (9 single-family, 0 in multi-unit buildings)Dec 2022: 4 units (4 single-family, 0 in multi-unit buildings)Jan 2023: 10 units (10 single-family, 0 in multi-unit buildings)Feb 2023: 56 units (8 single-family, 48 in multi-unit buildings)Mar 2023: 5 units (5 single-family, 0 in multi-unit buildings)Apr 2023: 30 units (18 single-family, 12 in multi-unit buildings)May 2023: 18 units (16 single-family, 2 in multi-unit buildings)Jun 2023: 11 units (11 single-family, 0 in multi-unit buildings)Jul 2023: 21 units (21 single-family, 0 in multi-unit buildings)Aug 2023: 14 units (12 single-family, 2 in multi-unit buildings)Sep 2023: 9 units (9 single-family, 0 in multi-unit buildings)Sep 2023Oct 2023: 16 units (16 single-family, 0 in multi-unit buildings)Nov 2023: 13 units (11 single-family, 2 in multi-unit buildings)Dec 2023: 7 units (7 single-family, 0 in multi-unit buildings)Jan 2024: 16 units (8 single-family, 8 in multi-unit buildings)Feb 2024: 9 units (9 single-family, 0 in multi-unit buildings)Mar 2024: 33 units (15 single-family, 18 in multi-unit buildings)Apr 2024: 33 units (14 single-family, 19 in multi-unit buildings)May 2024: 42 units (14 single-family, 28 in multi-unit buildings)Jun 2024: 50 units (16 single-family, 34 in multi-unit buildings)Jul 2024: 47 units (18 single-family, 29 in multi-unit buildings)Aug 2024: 54 units (14 single-family, 40 in multi-unit buildings)Sep 2024: 35 units (6 single-family, 29 in multi-unit buildings)Sep 2024Oct 2024: 58 units (22 single-family, 36 in multi-unit buildings)Nov 2024: 57 units (15 single-family, 42 in multi-unit buildings)Dec 2024: 39 units (11 single-family, 28 in multi-unit buildings)Jan 2025: 50 units (21 single-family, 29 in multi-unit buildings)Feb 2025: 50 units (17 single-family, 33 in multi-unit buildings)Mar 2025: 55 units (19 single-family, 36 in multi-unit buildings)Apr 2025: 30 units (25 single-family, 5 in multi-unit buildings)May 2025: 38 units (26 single-family, 12 in multi-unit buildings)Jun 2025: 29 units (23 single-family, 6 in multi-unit buildings)Jul 2025: 33 units (21 single-family, 12 in multi-unit buildings)Aug 2025: 26 units (19 single-family, 7 in multi-unit buildings)Sep 2025: 29 units (12 single-family, 17 in multi-unit buildings)Sep 2025Oct 2025: 30 units (19 single-family, 11 in multi-unit buildings)Nov 2025: 67 units (14 single-family, 53 in multi-unit buildings)Dec 2025: 31 units (24 single-family, 7 in multi-unit buildings)Jan 2026: 25 units (15 single-family, 10 in multi-unit buildings)Feb 2026: 31 units (24 single-family, 7 in multi-unit buildings)Mar 2026: 103 units (87 single-family, 16 in multi-unit buildings)Apr 2026: 105 units (62 single-family, 43 in multi-unit buildings)May 2026: 43 units (21 single-family, 22 in multi-unit buildings)Jun 2026: 69 units (42 single-family, 27 in multi-unit buildings)Jul 2026: 71 units (24 single-family, 47 in multi-unit buildings)Aug 2026: 76 units (23 single-family, 53 in multi-unit buildings)

Housing units authorised in the Racine-Mount Pleasant, WI area by month, latest 60 monthssingle-family2+ unit buildings

Housing units authorised in the Racine-Mount Pleasant, WI area by year, 1995–202505001,0001,5001995: 507 units (507 single-family, 0 in multi-unit buildings)19951996: 634 units (634 single-family, 0 in multi-unit buildings)1997: 670 units (670 single-family, 0 in multi-unit buildings)1998: 670 units (670 single-family, 0 in multi-unit buildings)1999: 910 units (667 single-family, 243 in multi-unit buildings)2000: 867 units (536 single-family, 331 in multi-unit buildings)20002001: 798 units (578 single-family, 220 in multi-unit buildings)2002: 951 units (642 single-family, 309 in multi-unit buildings)2003: 1,188 units (876 single-family, 312 in multi-unit buildings)2004: 1,278 units (939 single-family, 339 in multi-unit buildings)2005: 1,006 units (810 single-family, 196 in multi-unit buildings)20052006: 806 units (484 single-family, 322 in multi-unit buildings)2007: 632 units (508 single-family, 124 in multi-unit buildings)2008: 277 units (271 single-family, 6 in multi-unit buildings)2009: 343 units (194 single-family, 149 in multi-unit buildings)2010: 240 units (156 single-family, 84 in multi-unit buildings)20102011: 107 units (99 single-family, 8 in multi-unit buildings)2012: 163 units (143 single-family, 20 in multi-unit buildings)2013: 210 units (182 single-family, 28 in multi-unit buildings)2014: 207 units (159 single-family, 48 in multi-unit buildings)2015: 217 units (189 single-family, 28 in multi-unit buildings)20152016: 358 units (222 single-family, 136 in multi-unit buildings)2017: 278 units (244 single-family, 34 in multi-unit buildings)2018: 379 units (282 single-family, 97 in multi-unit buildings)2019: 322 units (192 single-family, 130 in multi-unit buildings)2020: 224 units (144 single-family, 80 in multi-unit buildings)20202021: 245 units (159 single-family, 86 in multi-unit buildings)2022: 163 units (145 single-family, 18 in multi-unit buildings)2023: 524 units (156 single-family, 368 in multi-unit buildings)2024: 277 units (163 single-family, 114 in multi-unit buildings)2025: 667 units (232 single-family, 435 in multi-unit buildings)2025

Housing units authorised in the Racine-Mount Pleasant, WI area by year, 1995–2025single-family2+ unit buildings

Permits, 12 months to August 2026This areaWisconsinUnited States
Housing units authorised68025,7711,418,086
Units per 1,000 residents3.44.34.1
Single-family share54%52%63%
Change on previous 12 months+36.0%+5.6%−0.1%

Counties in the area

Ranked by ten-year change in FHFA's county index to 2025; permits are the latest 12 months.

CountyState1 year10 yearsUnits, 12 monthsPer 1,000
Racine CountyWI+7.9%+103.7%6803.4

Questions and answers

How much have home values in the Racine-Mount Pleasant, WI area risen over 10 years?

The FHFA annual index rose +103.7% between 2015 and 2025, about +7.4% a year. Over 20 years: +73.5%; since 2000: +137.2%. The quarterly index is +7.2% on a year earlier as of 2026 Q2.

Which counties in the Racine-Mount Pleasant, WI area rose most?

By ten-year change to 2025: Racine County (+103.7%).

What happened to Racine-Mount Pleasant, WI prices after 2007?

The index peaked in 2007, fell −22.3% to 2013 and regained the peak in 2019. Nationally: −21.3% from 2007 to 2012.

How many homes are being built in the Racine-Mount Pleasant, WI area?

680 housing units were authorised across the area's counties in the 12 months to August 2026, 54% of them single-family, 3.4 per 1,000 residents.

Where does this data come from?

FHFA's annual CBSA house price index (developmental, updated March 31, 2026) and its standard quarterly metropolitan index; Census Bureau building permits summed over member counties (OMB July 2023 delineations) through August 2026; vintage 2025 population estimates.

Provenance

Index: Federal Housing Finance Agency, annual house price index for core based statistical areas (all-transactions, developmental), last updated March 31, 2026, values 1975–2025; quarterly metropolitan area index (all-transactions) through 2026 Q2. Permits: Census Bureau Building Permits Survey county files through August 2026, summed over member counties from OMB's July 2023 delineations. Population: Census Bureau vintage 2025 estimates. Public domain. Corrections · FHFA HPI datasets.