Home prices
The median home in Schererville costs $222,400. In comparison to other places in this area this is roughly $15,640 (7%) higher.It is about $4,900 (2%) higher in comparison to the nation as a whole, and compared to the city of Chicago it is approximately $35,600 (13%) lower.
Rents
The median monthly rent in Schererville is $973. It is roughly $106 (9%) lower in comparison to the surrounding areas.It is roughly $89 (8%) lower compared to the rest of the country, and is about $139 (12%) lower in comparison to the city of Chicago.
Nearby places
Griffith
Griffith is Schererville's neighbor to the north. The real estate prices there are significantly less expensive. The median home in Griffith is valued at $141,700, which is $80,700 (56%) lower than Schererville. The rent there is a little less expensive. The median monthly rent in Griffith is $919, which comes out to $54 (5%) lower than Schererville.
Dyer
Dyer is Schererville's neighbor to the west. The real estate prices there are fairly similar. Dyer's median home cost is $212,400, which works out to $10,000 (4%) lower than Schererville. Rents there are a bit more expensive. The median monthly rent in Dyer is $1,311, which comes out to $338 (25%) higher than Schererville.
St. John
St. John is Schererville's neighbor to the south. The real estate prices there are a little more expensive. The cost of the median home in St. John is $290,200, which works out to $67,800 (23%) higher than Schererville. Its rents are a bit less expensive. The median rent in St. John is $908 a month, which comes out to $65 (7%) lower than Schererville.
Highland
Highland is Schererville's neighbor to the north. The real estate prices there are substantially less expensive. The median home value in Highland is $161,100, which works out to $61,300 (38%) lower than Schererville. Rent there is a bit more expensive. The median monthly rent in Highland is $1,106, which is $133 (12%) higher than Schererville.
Munster
Munster is Schererville's neighbor to the northwest. Its housing prices are similar. The median home in Munster costs $228,400, which works out to $6,000 (2%) higher than Schererville. The rent there is somewhat more expensive. In Munster the median monthly rent is $1,149, which works out to $176 (15%) higher than Schererville.