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Schererville town, IN

ZIP 46375 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 46375

Median Home Value
$295,400
Median Rent
$1,137
Affordability Snapshot
$81,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,898/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.3x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

21.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 46375 in Schererville town, IN, a household would need roughly $81,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,898. That is roughly in line with the local median household income ($89,646). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
82.2%+26% vs US avg
x
Vacancy Rate
3.4%-67% vs US avg
x
Broadband Access
94.2%+8% vs US avg
x
4+ Bedrooms
6.6%-55% vs US avg
x
Built Pre-1939
1.1%-92% vs US avg
x
Built Post-2014
0.6%-92% vs US avg
x
Rent Burden >30%
17.1%-66% vs US avg
x
Mortgage-Free
32.9%-14% vs US avg
x
$295,400
Home Value
$1,137
Rent
1988
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached61.3%
  • 1-unit attached19.4%
  • 2-9 units10.5%
  • 10+ units8.9%
  • Mobile home & other0.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$295,400
Median rent$1,137
Owner-occupied82.2%
Vacant3.4%
Price-to-income3.3x
Est. income to buy$81,000