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Schererville

Why you'd want to live in Schererville

Long before Indiana became a state, long before the founding of Schererville, people called this place the “Crossroads.” The name was appropriate. Several Indian trails intersected in the area and these trails became westward routes for the wagons of settlers looking to make their fortune in new unclaimed lands. One of these settlers was Nicholas Scherer, who arrived in the U.S. from Germany in 1846. When he came to this place at the southern tip of Lake Michigan in 1866, he founded the community that bears his name. Today, trails still cross in Schererville, but these are the modern trails of a motorized society, U.S. Highways 41 and 30. Nearby are newer trails, I-80/94 and I-65. These are all primary transcontinental routes and gave rise to Schererville’s slogan: “Crossroads of the Nation.”

Schererville Market Report

$275,276

AVERAGE PRICE OF 91 HOMES

$269,950

AVERAGE PRICE OF 2 DISTRESSED HOMES

$451,005

AVERAGE PRICE OF 7 NEWLY BUILT HOMES

$246,352

AVERAGE PRICE OF 10 HOMES WITH A POOL

$284,912

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $275,276
Avg Bedrooms 3.11 beds
Avg Bathrooms 2.48 baths

Average Price by Bedrooms

2 bedrooms $192,317
3 bedrooms $262,518
4 bedrooms $362,723
5 bedrooms $375,920
Schererville Home Price Trends
  1/2020 12/2019 11/2019 10/2019 9/2019
Total Listings 70 80 86 88 80
Average Price $287,100 $284,397 $288,435 $299,844 $303,212
Avg Price Change +0.95% -1.42% -3.96% -1.12% -45.42%
Median Price $272,555 $267,533 $278,951 $297,266 $290,778
Med Price Change +1.88% -4.27% -6.57% +2.23% +9.53%
Avg Bedrooms 3.25 beds 3.23 beds 3.26 beds 3.35 beds 3.37 beds
Avg Bathrooms 2.6 baths 2.62 baths 2.56 baths 2.59 baths 2.65 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Lake Central 4 $342,622 275 days
Lake Central High School 35 $274,738 39 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 91 $275,276 63 days
Distressed Homes 2 $269,950 16 days
Newly Built Homes 7 $451,005 109 days
Homes with a Pool 10 $246,352 126 days
Reduced Price Homes 8 $284,912 57 days
The Jana Caudill Team
eXp Realty Leaders
503 E Summit St. Ste 2
Crown Point, IN 46307
219-661-1256

All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated February 28, 2020. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of GNIAR MLS (last updated February 28, 2020). Real estate listings held by brokerage firms other than Red Key Realty Leaders may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. -- Greater Northwest Indiana Association of REALTORS®, Inc. Multiple Listing Service IDX data is copyrighted 2020 by the Greater Northwest Indiana Association of REALTORS®, Inc. All rights reserved.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated February 28, 2020. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of GNIAR MLS (last updated February 28, 2020). Real estate listings held by brokerage firms other than may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. -- Greater Northwest Indiana Association of REALTORS®, Inc. Multiple Listing Service IDX data is copyrighted 2020 by the Greater Northwest Indiana Association of REALTORS®, Inc. All rights reserved.