Housing in Rensselaer, IN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$176,350

Median List Price

$199,950

Price Per Sq Ft

$80

Days on Market

47

Active Inventory

17

Months of Supply

1.7

Seller's market

Zillow Home Value

$232,711

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 0.1%List Price 0.7%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

10.0%

Sale-to-List Ratio

94.6%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
10.0%
Listings with Price Drops
35.3%

Market Activity

Source: Redfin

Homes Sold

10

New Listings

6

Pending Sales

10

Homes Sold 150.0%New Listings 20.0%Pending 66.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$80

Median List $/SF

$154

Sale $/SF 14.9%List $/SF 0.0%Mar 24Jan 26

Rensselaer vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Rensselaer is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$149,100

Median Rent

$868

Total Housing Units

2,556

Vacancy Rate

11.7%

Owner Occupied

66.7%

Renter Occupied

33.4%

Median Property Tax

$704

per year

Monthly Cost (w/ Mortgage)

$851

Housing Types

Single Family
78.8%
Multi-Family
20.9%
Mobile Home
0.3%

The current median sale price in Rensselaer, IN is $176,350 according to Redfin data. Homes spend a median of 47 days on the market. 0.0% of homes sold above asking price. The market has 1.7 months of supply. The median price per square foot is $80. The median rent is $868 per month (Census ACS). About 66.7% of housing units are owner-occupied. The median year homes were built is 1955. There are 2,556 total housing units.