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Featured local agent — Rensselaer, IN
Sarah Mitchell
Compass Real Estate · Rensselaer, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Rensselaer, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$208,950median sale price
How is the Rensselaer, IN housing market right now?
The median home sale price in Rensselaer, IN is $208,950, up 13.0% year-over-year. Homes sell in an average of 11 days with 13 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Rensselaer a buyer's or seller's market?
Rensselaer, IN is currently a strong seller's market, based on 1.6 months of supply and homes selling in about 11 days. How we determine this →
Homes sold
8
Last 12 weeks
Days on market
11
Fast-moving
Active listings
13
1.6 months supply
Sale-to-list
99.3%
Below asking
What does the Rensselaer housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $208,950 |
| Median list price | $209,900 |
| Year-over-year price change | +13.0% |
| Average days on market | 11 days |
| Active inventory | 13 listings |
| Months of supply | 1.6 months |
| Sale-to-list price ratio | 99.3% |
| Median price per sq ft | $127/sq ft |
| Homes sold (latest month) | 8 |
| New listings (latest month) | 11 |
| Listings with a price cut | 30.8% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Rensselaer by property type?
How the Rensselaer, IN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $224,900 | $137/sq ft | 6 | 11 days |
| Condo / Co-op | $235,000 | $168/sq ft | 1 | 82 days |
Source: Redfin · Updated monthly
The Rensselaer housing market is currently classified as a strong seller's market with a median sale price of $208,950. Prices have risen 13.0% compared to last year, with homes spending an average of 11 days on market, indicating 1.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.1x provides context for how home values compare to local earning capacity.
Homes for sale in Rensselaer
There are currently 13 homes listed for sale in Rensselaer, Indiana. The median listing price is $210K.
Active listings
13
Homes on market
Median list price
$210K
Avg. days on market
11
Days until sale
New this week
11
Newly listed
Who lives in Rensselaer?
Population
5,369
Median income
$61,648/yr
Median age
36.4 years
Owner-occupied
66.7%
College grads
17.7%
Avg commute
17.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Rensselaer?
Zillow home value
$254,162
Price-to-income
4.1x
Source: Zillow Research
What is it like to live in Rensselaer?
Rensselaer is a community of approximately 5K residents with a median age of 36.4 years.The median household income is $61,648, which represents a working-class community with solid middle-income opportunities. 17.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 66.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 17.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Rensselaer offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Rensselaer?
4 schools tracked · 1,482 students
The largest public schools serving Rensselaer, IN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Rensselaer Central High School
Grades 9-12 · 453 students
Rensselaer Central Primary School
Grades PK-2 · 387 students
Rensselaer Central Middle School
Grades 6-8 · 332 students
Van Rensselaer Elementary School
Grades 3-5 · 310 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Rensselaer, IN?
Want a head-to-head view? Compare Rensselaer side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Rensselaer?
The median home sale price in Rensselaer is $208,950, up 13.0% from last year.
How long do homes stay on market in Rensselaer?
Homes typically spend 11 days on market before going under contract.
What is the median income in Rensselaer?
The median household income is $61,648 per year.
Is Rensselaer a buyer's or seller's market?
With 1.6 months of supply, Rensselaer is currently a strong seller's market.
What is the Zillow home value estimate for Rensselaer?
The Zillow Home Value Index (ZHVI) for Rensselaer is $254,162, representing the typical home value in the area.
What is the median condo price in Rensselaer?
The median condo/co-op sale price in Rensselaer, IN is $235,000, compared to $224,900 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Rensselaer?
The median single-family home price in Rensselaer, IN is $224,900 (about $137 per square foot).
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