Rensselaer is a town of about 6,000 residents located in central Jasper County, Indiana. The town is the county seat for Jasper County, so it hosts many county offices.
Rensselaer is a farm town. The surrounding area is dedicated for agricultural use. Rensselaer was formerly home to Saint Joseph College. The town is located near I-65 and US 231.
Commerce in the town is primarily smaller, locally owned stores. Residents of the town may work in other nearby small towns such as Demotte. Larger cities within daily commuting distance include Valparaiso, Lafayette, and Crown Point, Indiana.
All of the homes for sale in Rensselaer, Indiana are single family residences. The typical house in Rensselaer has three bedrooms, two bathrooms, and about 1,700 finished square feet. Many buildings in the Rensselaer area are on large parcels of one acre or more.
Houses for sale in Rensselaer, Indiana had an average sale price of $160,724 during the last 12 months. The lowest price property to sell was for $18,000 and the highest was $410,000. Housing for sale in Rensselaer is on the market for an average of 89 days. This is about 40% longer than the average for the combined Northwest Indiana region. However, this is not especially long considering how rural Rensselaer really is.
Rensselaer real estate prices and demand are relatively stable. Rensselaer homes for sale have appreciated at a rate of about 3.2% per year. Though below the average for the Northwest Indiana average, this is in line with the average for rural areas in the region. Property for sale in Rensselaer, IN is likely to continue increasing in value at the same rate in the near term.
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