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RENSSELAER, IN 47978

Real Estate Market Report  ·  Jasper County
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The RENSSELAER, IN real estate market (47978) currently shows 37 active listings, with 16 pending sales. Homes are averaging 76 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 76 days on market compared to 111 days last year.

The median listing price has risen 4.4% year-over-year, from $231,075 to $241,200.

Whether you are buying or selling in RENSSELAER, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 9,954  ·  Density: 14.6/mi²  ·  Median household income: $68,299

Typical home value: $158,668  ·  Homeownership: 73.4%

Market Overview

Active Listings
37
⇩ 7.5% vs 40 last year
Pending
16
43% pending ratio
Median Price
$241,200
⇧ 4.4% vs $231,075 last year
Average Price
$311,884
⇧ 20.6% vs $258,528 last year
Days on Market
76
⇩ 31.5% vs 111 days last year

Price Per Square Foot

Median $/sqft
$151
⇧ 8.6% vs $139/sqft last year
Median Home Size
1,702 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 37 this year vs 40 last year
  • Days on market: 76 now vs 111 last year

Median & Average Pricing

Year over Year
  • Median: $241,200 (+4.4% YoY)
  • Average: $311,884 (+20.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 25.0 miles — 297 listings ($121,107,985 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47978Rensselaer, IN 479780.0 mi36$11,480,616$249,900$318,906
47946Francesville, IN 4794612.8 mi7$2,475,781$214,900$353,683
47922Brook, IN 4792214.3 mi6$1,832,760$172,500$305,460
46392Wheatfield, IN 4639214.6 mi35$22,390,725$384,900$639,735
47977Remington, IN 4797715.3 mi6$1,298,700$216,450$216,450
47948Goodland, IN 4794816.7 mi3$771,000$257,000$257,000
46349Lake Village, IN 4634918.3 mi11$5,675,340$469,450$515,940
47980Reynolds, IN 4798019.2 mi3$619,800$239,900$206,600
47951Kentland, IN 4795121.5 mi11$2,208,063$187,500$200,733
46341Hebron, IN 4634123.2 mi32$13,985,088$339,945$437,034
47929Chalmers, IN 4792923.4 mi1$240,000$240,000$240,000
46366North Judson, IN 4636624.3 mi20$4,548,360$197,400$227,418
46356Lowell, IN 4635625.0 mi126$53,581,752$379,400$425,252

Frequently Asked Questions

How many homes are for sale in RENSSELAER, IN 47978?

As of February 2026, there are 37 active listings in RENSSELAER, IN (zip code 47978), compared to 40 the prior year.

What is the median home price in RENSSELAER, IN 47978?

The median listing price in RENSSELAER, IN 47978 is $241,200 as of February 2026, a 4.4% increase from $231,075 the prior year.

How long do homes stay on the market in RENSSELAER, IN?

Homes in RENSSELAER, IN 47978 spend an average of 76 days on the market before going under contract, compared to 111 days the prior year.

Is it a seller's or buyer's market in RENSSELAER, IN 47978?

Based on current inventory and days-on-market data as of February 2026, RENSSELAER, IN 47978 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 76 days on market compared to 111 days last year.

How much can I save on real estate commission in RENSSELAER, IN?

With SELL123.com's maximum 3% commission, sellers in RENSSELAER, IN 47978 save an estimated $4,824 compared to a typical 5% commission on the median listing price of $241,200. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.