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The median home value in Schererville, IN is $362,501 as of 2026-07-31, up 1.77% from a year earlier.
Median Home Value
$362,501
Year-over-Year
+1.77%
Population
29,656
Schererville ranks #15 of 87 Indiana cities tracked here by median home value, and sits 34.6% above the state's city median of $269,376. It sits in Lake County, where the county-wide median is $254,401.
Median household income in Schererville is $89,466, so the typical home value is about 4.1× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Schererville police recorded a violent crime rate of 125 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 1,264 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Schererville, that value is $362,501. That's up 1.77% from a year earlier. It is about 34.6% above the typical Indiana city tracked here.
Homes in Schererville are more expensive than Lake County as a whole, where the median is $254,401 — a difference of about 42.5%.
Median household income here is $89,466, so the typical home value is about 4.1× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Schererville police reported 125 violent crimes per 100,000 residents, covering a population of about 29,656. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.
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