47978 Home Values & Market Trends

There are 21 homes currently listed for 47978. 47978 real estate market trends show that home prices range from $159,900 to $589,900, and the median sales price in the 47978 zip code is $189,500.43. The total number of properties sold within the past twelve months is 271. In 47978, 4 properties are in foreclosure, 0 are bank owned properties,and 4 are headed for auction.

47978 Real Estate Market Overview

CityMedian Est. Value
Rensselaer

$ 216,214

$ 134/sqft

Housing Market Summary for 47978

Mar 2023February 2024Change
Median Listing Price$172.4K$184.4K6.92%
Median Sold Price$181.2K$184.4K1.74%
Homes For Sale1817-5.56%
Homes Sold103100-2.91%
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 $189,500.43. A total of 21 properties are for sale, and the percentage of properties for sale in the zip code is 21.00%. The total count of 47978 properties is 3,729.

Foreclosure
There is 1 cities within 47978; within this cities, the median estimated home value for homes in foreclosure ranges from $692,703 in rensselaer to the lowest value of $119,876 in rensselaer. Foreclosure homes account for 0.00% of properties in 47978 with rensselaer containing 4 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 $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 47978. There is 1 cities within 47978; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    rensselaer has 4 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 0.11% 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 $692,703 in rensselaer to the lowest value of $119,876 in rensselaer.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.56% of residential properties in 47978 with rensselaer containing 21 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 $542,998 in rensselaer to the lowest value of $51,229 in rensselaer.
    Sold Homes
    The median value for recently sold homes ranges from $1,219,992 in rensselaer to the lowest price of $31,965 in rensselaer. There is 1 cities within 47978. rensselaer has 102 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.74% of properties in 47978.

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      Guide for 47978

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      Market Reports|posted 28 February 2024

      The real estate market in Indianapolis, Indiana has shown growth in property values from March 2023 to January 2024, despite a minor dip in properties sold.

      Fort Wayne Real Estate Property Values Increase in 2023
      Market Reports|posted 14 February 2024

      The Fort Wayne, Indiana real estate market showed impressive growth trends in 2023, with property values and prices per square foot showing an upward trajectory, suggesting potential for continued growth.

      Wichita Real Estate Market Thrives: Property Values and Sale Prices Soar in 2023-2024
      Market Reports|posted 22 March 2024

      A comparative analysis of nearby cities shows diverse market dynamics in the Wichita real estate market in the first three months of 2024.

      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024

      The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.

      Recently Listed Homes 47978

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