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Home values, rents and more in ZIP code 47978 (Rensselaer, IN)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$251,000
Metro: $356,000 · U.S.: $366,000
Home values, past year
+4.1%
Metro: +5.0% · U.S.: +1.2%
Population
10,261
ACS 2020–24
Median household income
$71,616
Metro: $90,887 · U.S.: $80,734
ZIP codes around 47978, shaded by typical home value4797846392479464796346349479594797747922479434631047995479574794847951
  • Under $180k
  • $180k–$200k
  • $200k–$220k
  • $220k–$310k
  • $310k+
  • No data
ZIP codes around 47978, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 47978 is outlined.

How 47978 compares

The typical home in ZIP code 47978 (Rensselaer, IN) is worth about $251,000, according to the Zillow Home Value Index for September 2026. Home values in 47978 are 30% below the typical value in the Chicago metro area ($356,000) and 32% below the U.S. typical value ($366,000).

Over the past year, home values in 47978 rose 4.1%, compared with +5.0% in the Chicago metro area and +1.2% nationally.

The median household income is $71,616, against $90,887 in the Chicago metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 10,261 people live in 47978 (American Community Survey 2020–24).

47978 has the 70th-lowest typical home value of the 367 ZIP codes in the Chicago metro area and the 283rd-highest of 697 in Indiana with Zillow figures.

Part of: Rensselaer, IN · Jasper County, IN · Chicago metro area · Indiana

More for 47978 in ProMap Plus

These measures are on the map for subscribers. Open ProMap to see them for 47978 and every other place.

  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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