Schererville, IN Real Estate

According to census data in the year 2000 there were 9,996 housing units in Schererville. This represents a 29.8% growth from 7,703 in 1990.

Of those housing units, 9,984 were located in either urbanized areas or urban clusters, and 12 were located in what is classified as a rural area.

Homeownership rate in Schererville is about 73.7%. Schererville's vacancy rate, including seasonal lodging, is about 3.4%. Average household size is 2.56 people.

The majority of houses, apartments or condos in Schererville were built after 1981.


Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom10.40%
Two Bedrooms30.20%
Three Bedrooms40.40%
Four Bedrooms15.60%
Five Bedrooms or more2.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.78
Median year structure was built1985
Median Value of occupied units$157,900
Median Price asked for vacant units$165,700

Rented Homes, Apartments and Condos

Average Household Size1.93
Median year structure was built1976
Median Monthly Rent asked for vacant units$562

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage8.30%
Home Equity Loan10.90%
Simple Mortgage61.20%
Debt Free19.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.7%