47978 Home Values & Market Trends

There are 126 homes currently listed for 47978. 47978 real estate market trends show that home prices range from $255,000 to $485,000, and the median sales price in the 47978 zip code is $244,235. The total number of properties sold within the past twelve months is 223. In 47978, 8 properties are in foreclosure, 2 are bank owned properties,and 6 are headed for auction.

47978 Real Estate Market Overview

CityMedian Est. Value
Rensselaer

$ 244,235

$ 156/sqft

Housing Market Summary for 47978

Oct 2025October 2026Change
Median Listing Price$280K$327K16.79%
Median Sold Price$221.3K$245.7K11.06%
Homes For Sale10212623.53%
Homes Sold8483-1.19%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 47978

The median list price of a home in Rensselaer, is $244,235. A total of 126 properties are for sale, and the percentage of properties for sale in the zip code is 126.00%. The total count of 47978 properties is 225.

Foreclosure
There is 1 cities within 47978; within this cities, the median estimated home value for homes in foreclosure ranges from $205,980 in rensselaer to the lowest value of $81,494 in rensselaer. Foreclosure homes account for 3.00% of properties in 47978 with rensselaer containing 8 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 47978 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 47978; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 47978 ranges from the highest value of $128,076 in rensselaer to the lowest value of $81,494 in rensselaer. Bank owned homes and properties account for 0.89% of properties in 47978. There is 1 cities within 47978; rensselaer containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    rensselaer has 6 auction properties, the highest number of properties going to auction in a single city in the state of 47978. Auction homes and other auction properties account for 2.67% of all properties in 47978. There is 1 cities within 47978; of that cities, the median estimated home value for homes going to auction ranges from $205,980 in rensselaer to the lowest value of $143,647 in rensselaer.
Homes for Sale
Homes and properties that are actively listed for sale account for 56.00% of residential properties in 47978 with rensselaer containing 126 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 47978; homes for sale in that cities, have a range of median values from $758,895 in rensselaer to the lowest value of $69,869 in rensselaer.
    Sold Homes
    The median value for recently sold homes ranges from $681,593 in rensselaer to the lowest price of $76,398 in rensselaer. There is 1 cities within 47978. rensselaer has 83 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 36.89% of properties in 47978.

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      Guide for 47978

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.