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.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 10.40% |
| Two Bedrooms | 30.20% |
| Three Bedrooms | 40.40% |
| Four Bedrooms | 15.60% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.78 |
| Median year structure was built | 1985 |
| Median Value of occupied units | $157,900 |
| Median Price asked for vacant units | $165,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.93 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $562 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 8.30% |
| Home Equity Loan | 10.90% |
| Simple Mortgage | 61.20% |
| Debt Free | 19.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.7% |
