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Featured local agent — Schererville, IN
Sarah Mitchell
Compass Real Estate · Schererville, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Schererville, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$389,000median sale price
How is the Schererville, IN housing market right now?
The median home sale price in Schererville, IN is $389,000, up 11.3% year-over-year. Homes sell in an average of 12 days with 84 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Schererville a buyer's or seller's market?
Schererville, IN is currently a seller's market, based on 2.4 months of supply and homes selling in about 12 days. How we determine this →
Homes sold
35
Last 12 weeks
Days on market
12
Fast-moving
Active listings
84
2.4 months supply
Sale-to-list
98.5%
Below asking
What does the Schererville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $389,000 |
| Median list price | $339,900 |
| Year-over-year price change | +11.3% |
| Average days on market | 12 days |
| Active inventory | 84 listings |
| Months of supply | 2.4 months |
| Sale-to-list price ratio | 98.5% |
| Median price per sq ft | $164/sq ft |
| Homes sold (latest month) | 35 |
| New listings (latest month) | 59 |
| Listings with a price cut | 23.8% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Schererville by property type?
How the Schererville, IN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $407,500 | $160/sq ft | 22 | 12 days |
| Condo / Co-op | $202,500 | $135/sq ft | 6 | 33 days |
| Townhouse | $344,750 | $192/sq ft | 6 | 8 days |
Source: Redfin · Updated monthly
The Schererville housing market is currently classified as a seller's market with a median sale price of $389,000. Prices have risen 11.3% compared to last year, with homes spending an average of 12 days on market, indicating 2.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.2x provides context for how home values compare to local earning capacity.
Homes for sale in Schererville
There are currently 84 homes listed for sale in Schererville, Indiana. The median listing price is $340K.
Active listings
84
Homes on market
Median list price
$340K
Avg. days on market
12
Days until sale
New this week
59
Newly listed
Who lives in Schererville?
Population
29,627
Median income
$86,020/yr
Median age
44.2 years
Owner-occupied
79.8%
College grads
33.7%
Avg commute
31.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Schererville?
Zillow home value
$362,592
Price-to-income
4.2x
Source: Zillow Research
What is it like to live in Schererville?
Schererville is a community of approximately 30K residents with a median age of 44.2 years.The median household income is $86,020, which reflects a relatively affluent area with strong earning potential. 33.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 79.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 31.7 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Schererville offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Schererville?
4 schools tracked · 2,337 students
The largest public schools serving Schererville, IN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Michael Grimmer Middle School
Grades 5-8 · 788 students
James H Watson Elementary School
Grades PK-4 · 655 students
Homan Elementary School
Grades PK-4 · 450 students
Peifer Elementary School
Grades PK-4 · 444 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Schererville, IN?
Want a head-to-head view? Compare Schererville side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Schererville?
The median home sale price in Schererville is $389,000, up 11.3% from last year.
How long do homes stay on market in Schererville?
Homes typically spend 12 days on market before going under contract.
What is the median income in Schererville?
The median household income is $86,020 per year.
Is Schererville a buyer's or seller's market?
With 2.4 months of supply, Schererville is currently a seller's market.
What is the Zillow home value estimate for Schererville?
The Zillow Home Value Index (ZHVI) for Schererville is $362,592, representing the typical home value in the area.
What is the median condo price in Schererville?
The median condo/co-op sale price in Schererville, IN is $202,500, compared to $407,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Schererville?
The median single-family home price in Schererville, IN is $407,500 (about $160 per square foot).
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