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SCHERERVILLE, IN 46375

Real Estate Market Report  ·  Lake County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
85
⇧ 60.4% vs 53 last year
Pending
28
33% pending ratio
Median Price
$349,900
⇩ 3.5% vs $362,450 last year
Average Price
$379,321
⇩ 13.6% vs $439,102 last year
Days on Market
59
⇩ 4.8% vs 62 days last year

Market Context

Population: 23,740  ·  Density: 718.4/mi²  ·  Median household income: $85,217

Typical home value: $285,299  ·  Homeownership: 81.2%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The SCHERERVILLE, IN real estate market (46375) currently shows 85 active listings, with 28 pending sales. Homes are averaging 59 days on the market before going under contract.

Inventory has increased compared to last year, with 32 more homes available — giving buyers more choice.

Homes are selling faster, averaging 59 days on market compared to 62 days last year.

The median listing price has fallen 3.5% year-over-year, from $362,450 to $349,900.

Whether you are buying or selling in SCHERERVILLE, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 85 this year vs 53 last year
  • Days on market: 59 now vs 62 last year

Median & Average Pricing

Year over Year
  • Median: $349,900 (-3.5% YoY)
  • Average: $379,321 (-13.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.2 miles — 819 listings ($241,531,677 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46375Schererville, IN 463750.0 mi85$32,242,285$349,900$379,321
46373Saint John, IN 463733.3 mi102$69,370,098$644,900$680,099
46322Highland, IN 463223.9 mi50$13,365,950$249,900$267,319
46408Gary, IN 464085.6 mi52$8,174,556$165,000$157,203
46323Hammond, IN 463236.8 mi43$9,133,673$214,900$212,411
60411Chicago Heights, IL 604117.2 mi176$40,184,672$196,500$228,322
46404Gary, IN 464047.6 mi58$9,217,766$165,000$158,927
46406Gary, IN 464068.0 mi26$4,045,730$170,000$155,605
60417Crete, IL 604178.4 mi80$33,430,480$327,450$417,881
46407Gary, IN 464078.7 mi56$4,764,536$66,500$85,081
60425Glenwood, IL 604259.0 mi49$10,916,906$220,000$222,794
60476Thornton, IL 604769.6 mi11$2,874,443$257,400$261,313
46402Gary, IN 4640210.2 mi31$3,810,582$127,000$122,922

Frequently Asked Questions

How many homes are for sale in SCHERERVILLE, IN 46375?

As of January 2026, there are 85 active listings in SCHERERVILLE, IN (zip code 46375), compared to 53 the prior year.

What is the median home price in SCHERERVILLE, IN 46375?

The median listing price in SCHERERVILLE, IN 46375 is $349,900 as of January 2026, a 3.5% decrease from $362,450 the prior year.

How long do homes stay on the market in SCHERERVILLE, IN?

Homes in SCHERERVILLE, IN 46375 spend an average of 59 days on the market before going under contract, compared to 62 days the prior year.

Is it a seller's or buyer's market in SCHERERVILLE, IN 46375?

Based on current inventory and days-on-market data as of January 2026, SCHERERVILLE, IN 46375 is currently a Balanced Market. Inventory has increased compared to last year, with 32 more homes available — giving buyers more choice. Homes are selling faster, averaging 59 days on market compared to 62 days last year.

How much can I save on real estate commission in SCHERERVILLE, IN?

With SELL123.com's maximum 3% commission, sellers in SCHERERVILLE, IN 46375 save an estimated $6,998 compared to a typical 5% commission on the median listing price of $349,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.