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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

$479,282

AVERAGE PRICE OF 76 HOMES

$299,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,655,000

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$443,622

AVERAGE PRICE OF 12 NEWLY BUILT HOMES

$419,933

AVERAGE PRICE OF 3 HOMES WITH A POOL

$294,900

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $479,282
Avg Bedrooms 2.51 beds
Avg Bathrooms 2.04 baths

Average Price by Bedrooms

2 bedrooms $322,055
3 bedrooms $356,112
4 bedrooms $460,613
5 bedrooms $1,249,907
Schererville Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 79 91 83 67 72
Average Price $478,417 $424,352 $465,761 $517,162 $468,593
Avg Price Change +12.74% -9.76% -11.04% +10.36% +11.14%
Median Price $368,639 $368,119 $383,871 $410,856 $376,918
Med Price Change +0.14% -4.28% -7.03% +9.00% +12.09%
Avg Bedrooms 2.62 beds 2.78 beds 2.8 beds 2.89 beds 2.74 beds
Avg Bathrooms 2.16 baths 2.34 baths 2.37 baths 2.49 baths 2.36 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Lake Central High School 34 $504,910 70 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 76 $479,282 78 days
Distressed Homes 1 $299,900 49 days
Multi-Million Dollar Homes 4 $2,655,000 118 days
Newly Built Homes 12 $443,622 61 days
Homes with a Pool 3 $419,933 61 days
Reduced Price Homes 2 $294,900 45 days

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The Jana Caudill Team
eXp Realty
503 E Summit St. Ste 2
Crown Point, IN 46307
219-661-1256

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