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IN area data

Schererville, IN

Schererville, IN.

Population: 24,188 (Census ACS)

The median home value in Schererville, IN is $362,672 — up 1.8% over the past year. Homes sell for a median $209,950 after a median 47.5 days on market. Typical rent runs $1,987/month. 4 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively High, with coldwave, tornado, inlandflooding the top-rated hazards. Cost of living is 9.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$362,672

Median home value

+1.8%

1-year change

47.5

Median days on market

Relatively High

Hazard risk (county)

Home values & appreciation

Median home value
$362,672
1-year appreciation
+1.8%
3-year appreciation
+5.6%
5-year appreciation
+17.4%
10-year appreciation
+62.4%
All-time peak (2026-07)
$362,672
House Price Index (state)
367.2 (+2.9% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$209,950
Median list price
$219,950
Median price per sqft
$145
1-year sale-price change
-1.0%
Median days on market
47.5 days
Homes sold (recent period)
22
For-sale inventory
96
Sale-to-list ratio
97.8%
Active listings
18
1-year forecast
+1.7%
Days to pending
37 days
New listings (monthly)
41

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,987/mo
Studio fair-market rent
$1,080/mo
1BR fair-market rent
$1,220/mo
2BR fair-market rent
$1,480/mo
3BR fair-market rent
$1,810/mo
4BR fair-market rent
$1,960/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
16.2¢/kWh
Natural gas rate (state-level)
$11.50/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
4
Elementary schools
3
Middle schools
1
High schools
0
Schools include
James H Watson Elementary School, Michael Grimmer Middle School, Peifer Elementary School, Homan Elementary School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively High
Top hazards (county)
coldWave, tornado, inlandFlooding, lightning, strongWind
Notable hazard ratings (county)
coldWave: Very High · earthquake: Relatively Low · hail: Relatively Low · heatWave: Relatively Moderate · iceStorm: Relatively Moderate · inlandFlooding: Relatively High
FEMA flood zone
A01
Flood risk level
High
Wildfire risk to homes (county)
Higher than 32% of US counties
Buildings in wildfire direct-exposure zone
9.5%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
1
Nearest Superfund site
American Chemical Service, Inc. (2.2 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
43.8 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Moderate
Median AQI (annual)
55
Days with Good air quality
125
Days with Moderate air quality
222
Days with Unhealthy air quality
1
Highest AQI recorded (year)
215

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
9.8 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
85,914
Jobs reachable by transit (45 min)
91,369

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
2
Nearest national park
Pullman National Historical Park (16 mi)
National parks include
Pullman National Historical Park, Indiana Dunes National Park
Airports within 30 mi
28
Nearest airport
Griffith-Merrillville Airport (3 mi)
Nearest major airport
Gary/Chicago International Airport (GYY) (9 mi)
Hospitals nearby (~15 mi)
17
Hospitals include
PALOS COMMUNITY HOSPITAL, ROSELAND COMMUNITY HOSPITAL, FRANCISCAN HEALTH OLYMPIA & CHICAGO HEIGHTS
Avg hospital rating (CMS)
2.3 / 5
Best hospital rating nearby (CMS)
3.0 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+154 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,989
Housing built before 1970
15.8%
Housing built 2000 or later
30.2%
Median annual property tax
$2,757
Mean commute to work
28 min
Households with broadband internet
85.3%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
167,551
Average weekly wage
$1,153
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
1,605

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ScherervilleState medianUS median
Median home value$362,672$237,170$289,727
Median sale price$209,950$238,000$325,000
Median days on market48 days38 days51 days
Typical rent$1,987/mo$1,331/mo$1,808/mo
Median annual property tax$2,757$1,179$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Schererville, IN?
$362,672.
What is the median sale price in Schererville, IN?
$209,950.
How long do homes take to sell in Schererville, IN?
Median days on market: 47.5 days.
What is typical rent in Schererville, IN?
Typical rent: $1,987/month.
What is the natural-hazard risk in Schererville, IN?
Overall risk: Relatively High (FEMA NRI, county-level). Top hazards: coldWave, tornado, inlandFlooding, lightning, strongWind.
Is Schererville, IN in a flood zone?
High (FEMA NFIP). FEMA flood zone A01.
What is the wildfire risk in Schererville, IN?
Risk to homes is higher than 32% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Schererville, IN?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Schererville, IN?
1 current or proposed National Priorities List site within 5 miles (EPA). Nearest site: American Chemical Service, Inc., 2.2 mi.
How many schools serve Schererville, IN?
4 schools (3 elementary, 1 middle) (NCES, 2022-23).
Is Schererville, IN walkable?
Walkability index: 9.8/20 (EPA Smart Location Database).
What is the air quality in Schererville, IN?
Moderate. Median AQI: 55. (EPA AQI).
What is the cost of living in Schererville, IN?
Regional Price Parity: 90.5 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for Schererville

Selling a home in Schererville, IN?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents