Schererville, IN Foreclosures
How much do homes sell for in Schererville, IN?
The average home price is currently $374,802.
In Schererville, IN, how many homes are available?
There are currently 88 active home listings available in Schererville.
What’s the average rental cost in Schererville, IN?
The average rental price in Schererville is $1,629.
What is the most expensive home in Schererville?
The most expensive home sold in Schererville had a price of $9,736,674.
What is currently the cheapest priced home in Schererville, IN?
The cheapest home for sale in Schererville is priced at $57,673.
Living in Schererville, IN
Schererville is a vibrant community located in northwest Indiana, known for its family-friendly environment and a range of amenities that cater to residents of all ages. It boasts excellent schools, ample parks, and a variety of shopping and dining options, making it a desirable location for both young families and retirees. The town offers an easy commute to Chicago, ensuring residents have access to urban conveniences while enjoying a suburban lifestyle.
Current Market Conditions in Schererville, IN
The real estate market in Schererville has remained strong, characterized by a steady demand for homes, particularly among families looking for a suburban environment with good schools. Recent trends indicate an increase in new constructions and renovations, highlighting the area's attractiveness to new residents. Additionally, the median home prices have seen moderate appreciation, which is indicative of a healthy market.
Schererville's market is also supported by a lower inventory of available homes, which keeps competition alive among buyers. More people are looking to settle in Schererville due to its reputation for safety, community engagement, and access to amenities, leading to quicker sales of homes that are priced competitively.
Home Value Estimator For Schererville, IN
There are currently 8,800 real estate properties
in Schererville, IN,
with a median automated valuation model (AVM) price
of $353,868.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Schererville, IN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Schererville, IN,
is $374,802.00, with the most expensive house
in Schererville, IN, topping out
at $9,736,674.00 and the cheapest home
in Schererville, IN,
clocking in at $57,673.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Schererville, IN!
Rent Prices
In Schererville, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Schererville, IN, is on
a rollercoaster ride. The
average rent price in Schererville, IN,
is $1,629.00. Indeed, when looking to rent in
Schererville, IN, you can expect to pay as little
as $850.00 or as much
as $3,120.00,
with the average rent median estimated to
be $1,650.00. The good news is that finding
an affordable and desirable property to rent in Schererville, IN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
