All Countries
Schererville, IN
Full City Profile · Indiana · Lake County County
3.5
/5.0
B+
Good
29,627
Population
1,961/sq mi density
$86,020
Median Income
$45,926 per capita
$294,600
Home Value
$348,866 Zillow
$1,224
Median Rent
28.0% income on rent
50°F
Avg Temperature
275 sunny days/yr
254
Violent Crime/100K
2,803 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$86,020 median income, 3.0% unemployment
A+
Affordability
4.8 / 5.0
$294,600 home value, $1,224/mo rent
F
Safety
1.0 / 5.0
254 violent crimes/100K
B+
Education
3.7 / 5.0
33.7% bachelor's degree or higher
Housing Overview
Median Home Value
$294,600
5% above
US avg: $281,900
Median Rent
$1,224/mo
5% above
US avg: $1,163/mo
Homeownership Rate
79.8%
22% above US avg (65.4%)
Total Housing Units
12,315
Median year built: 1988
Home Value by Source
Census Median
$294,600
Zillow (ZHVI)
$348,866
Median Sale Price
$332,450
Median List Price
$309,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
79.8%
Owner-Occupied
20.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$1,224/mo
Market Indicators (Redfin)
Median Days on Market
68 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
24
Price Drops
40.0%
of listings with price reduction
Price Per Sq Ft
$156
Active Inventory
60
homes for sale
Affordability & Housing Stock
Rent Burden
28.0%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1988
Average age of housing stock: 38 years
Homeownership Rate
79.8%
Complete Housing Data
Home Values
| Census Median Value | $294,600 |
| Zillow Home Value (ZHVI) | $348,866 |
| Median Sale Price | $332,450 |
| Median List Price | $309,900 |
| Price Per Sq Ft | $156 |
Rent
| Census Median Rent | $1,224 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
| Days on Market | 68 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 40.0% |
| Homes Sold | 24 |
| Active Inventory | 60 |
| Price Per Sq Ft | $156 |
Ownership & Stock
| Owner-Occupied | 79.8% |
| Renter-Occupied | 20.2% |
| Homeownership Rate | 79.8% |
| Total Housing Units | 12,315 |
| Median Year Built | 1988 |
| Rent Burden | 28.0% |