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Schererville, IN Properties

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Find, analyze, and compare Schererville, IN investment properties, including off-market opportunities and residential homes with value-add potential. Schererville offers a diverse housing market with single-family homes, and vacant properties. Investors can explore potential investment opportunities for long-term rentals (LTRs) throughout Indiana. Explore housing market trends in Schererville, where up-and-coming neighborhoods may offer potential for passive rental income and other investment strategies. Property Intel by Whitepages makes it easy to analyze market trends, uncover off-market properties, compare neighborhood benchmarks, and access owner contact information to help you find the best investment properties in Schererville, IN for your real estate goals.

In Schererville, the median property value currently stands at $313,572, reflecting a 1.17% year-over-year increase based on recent sales. The 5-year appreciation forecast estimates values reaching $432,863 (a 0.01% gain). The housing market includes a total of 10,346 houses.The median home in Schererville has 2,184 square feet of living space, priced at a median of $160 per square foot with a median year built of 1991. For long-term rental properties in Schererville, the median annual gross rental income is $28,800 (or $2,400/month) with estimated operating expenses of $9,270, resulting in an approximate gross cap rate of 5.9%.

Property Intel by Whitepages helps investors and homeowners explore the Schererville area by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps. These tools support research into investment properties, including foreclosure data and off-market listings in Schererville, IN.

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INSchererville

Housing Market Trends & Statistics for Schererville, Indiana

Median Property Value
$313,572
Total number of Properties
10,346
Median Living Space
2,184 sq ft
Median Year Built
1991 (34 years)
5-Year Appreciation Forecast
$432,863
Median Lot Size
12,060 sq ft
Average Ownership
1 year 2 months
for Schererville, IN
  • Est. Rental Income
    $28,800 ($2,400 per month)
  • Net Operating Income
    $19,530 ($1,628 per month)
  • Cap Rate
    5.9%

Find Investment Properties in Schererville

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Nearby Neighborhoods

  1. Black Oak in Gary, IN
  2. Hollywood in Munster, IN
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  7. Midtown in Gary, IN
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  9. Pulaski in Gary, IN
  10. Southside in East Chicago, IN

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