View in Interactive Map
  1. Home
  2. /Browse ZIP Codes
  3. /Indiana
  4. /Schererville, IN - 46375

Schererville, IN—46375

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$363,000
1.8% YoY Growth
Household Income
$89,600
23.3% YoY Growth
Days on Market
30
4.0% Shorter YoY
Home Price Forecast
1.7%
Median Rent
$2,100
5.2% YoY Growth
1-Bed Rent
$1,020
9.5% YoY Growth
2-Bed Rent
$2,100
24.3% YoY Growth
3-Bed Rent
$2,200
13.5% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Schererville, IN

As of May '26, the median home price in Schererville, IN is $363,000, with a year-over-year change of 1.8%. This indicates that home prices in Schererville, IN are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$363,0001.8%
Single Family $383,0001.9%
Condos $223,0001.8%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

Browse ZIP Codes by State

All states and cities →
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • District of Columbia
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Puerto Rico
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$263,0000.4%
    3 Bed
    		$360,0001.7%
    4 Bed
    		$463,0001.8%
    5 Bed $529,5701.1%
    Loading chart...

    % of Housing Stock

    Studio
    0.2%
    1 Bedroom
    7.4%
    2 Bedrooms
    28.5%
    3 Bedrooms
    37.5%
    4 Bedrooms
    19.7%
    5+ Bedrooms
    6.6%

    Rental Trends — Schererville, IN

    As of July '25, Rentcast reports the average rent in Schererville, IN is $2,010, with a year-over-year rent change of -5.2%. Per bedroom, the median rent as of July '25 in Schererville, IN is 1-bedrooms: $1,040, 2-bedrooms: $1,840, 3-bedrooms: $2,620, 4-bedrooms: $3,230. The most common rental property sizes in Schererville, IN are 2-bedroom and 1-bedroom, accounting for 58.6% and 27.9% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,100$2,010
    Studio Rent N/AN/A
    1 Bed Rent $1,020$1,040
    2 Bed Rent $2,100$1,840
    3 Bed Rent $2,200$2,620
    4 Bed Rent $3,000$3,230
    Loading chart...

    % of Rental Stock

    Studio
    0.9%
    1 Bedroom
    27.9%
    2 Bedrooms
    58.6%
    3 Bedrooms
    11.3%
    4 Bedrooms
    0.3%
    5+ Bedrooms
    1.0%

    Property Listings — Schererville, IN

    As of May '26, Realtor.com reports that the median days on market for a home in Schererville, IN is 30. This is a decrease of -4.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$332,000-4.0%
    Listing Count
    		10210.0%
    Listings as % of Homes0.5%10.0%
    Days on Market
    		30-4.0%
    Loading chart...

    Demographics — Schererville, IN

    As of the latest ACS Survey released in 2023, Schererville, IN has a population of 24,000, which has increased by 2.2% over the past 5 years. Schererville, IN is a moderately popular place for families, as children make up 18.9% of the population. The area has a moderately educated workforce, with 35.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.7% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		24,0002.2%
    % Under 18
    		18.9%-3.1%
    % Seniors
    		21.4%9.7%
    % WFH
    		10.7%189.2%
    % w/ College Degree
    		35.7%9.2%
    Loading chart...

    As of the latest ACS Survey released in 2023, Schererville, IN is a predominantly white area, with 72.2% of the population identifying as white. The white population has shrunk by 13.5% in the last 5 years. The second most common race or ethnicity in Schererville, IN is hispanic, making up 13.3% of the population. Foreign-born residents account for 9.8% of the population in Schererville, IN, and this percentage has decreased by 7.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		72.2%-13.5%
    % Black
    		7.0%100.0%
    % Hispanic
    		13.3%62.2%
    % Asian
    		3.8%22.6%
    % Foreign Born
    		9.8%-7.5%
    Loading chart...

    Mortgage and Risk — Schererville, IN

    According to HUD data as of 2023, there were 513 mortgage originations in Schererville, IN, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Schererville, IN. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		513
    % Conventional Loans
    		83.0%
    % Government Loans
    		17.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		14.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Schererville, IN

    As of 2024, the percent of homes in Schererville, IN under the Section 8 program is 0.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Schererville, IN, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		8
    Total Units Section 8
    		8
    % Rentals under Section 8
    		0.5%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$100$1,020$1,120
    2 Bedroom-$740$2,100$1,360
    3 Bedroom-$520$2,200$1,680
    4 Bedroom-$1,200$3,000$1,800

    Affordability — Schererville, IN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.7
    Median Home Price$363,000
    Median Household Income$89,600

    Schererville, IN — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Griffith, IN

    46319

    Saint John, IN

    46373

    Highland, IN

    46322

    Dyer, IN

    46311

    Munster, IN

    46321

    Frequently Asked Questions