Housing in Schererville, IN (46375) is highly appreciated relative to the US median. The median value for a home in Schererville is currently $314,800, which is just 7.23% lower than the US house median of $338,100. However, housing appreciation in Schererville has outpaced that of the nation as a whole over the last year; while US houses increased 8.27% in value last year, Schererville homes rose 9.67%. This indicates that Schererville's housing market remains strong and desirable despite its lower median price point compared to other parts of the country.
The median home cost in Schererville (zip 46375) is $314,800. Home appreciation the last 10 years has been 76.1%. Home Appreciation in Schererville (zip 46375) is up 14.2%.
Average Age of Homes
- The median age of Schererville (zip 46375) real estate is 30 years old
The Rental Market in Schererville (zip 46375)
- Renters make up 19.5% of the Schererville (zip 46375) population
- 0.2% of houses and apartments in Schererville (zip 46375), 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.