Schererville, IN is an attractive housing market due to its median value of $300,700, which is significantly lower than the US house median value of $338,100. Furthermore, it has experienced an one year appreciation in house values of 9.67%, higher than the US average of 8.27%. This indicates that Schererville real estate holds well against national trends and would be a great choice for anyone looking to invest or buy a home in this area.
The median home cost in Schererville is $300,700. Home appreciation the last 10 years has been 76.1%. Home Appreciation in Schererville is up 14.2%.
Average Age of Homes
- The median age of Schererville real estate is 30 years old
The Rental Market in Schererville
- Renters make up 23.3% of the Schererville population
- 0.4% of houses and apartments in Schererville, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.