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Crescent Lake Lincoln Garden (Lincoln Gardens) Prairie Creek

SCHERERVILLE, IN 46375

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

Neighborhoods in ZIP 46375

Crescent Lake · Lincoln Garden (Lincoln Gardens) · Prairie Creek

Market Analysis

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

The SCHERERVILLE, IN real estate market (46375) currently shows 119 active listings, with 45 pending sales. Homes are averaging 41 days on the market before going under contract.

Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 41 days on market compared to 38 days last year.

The median listing price has fallen 7.9% year-over-year, from $382,450 to $352,250.

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 Context

Market Context

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

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

Market Overview

Active Listings
119
⇩ 4.8% vs 125 last year
Pending
45
38% pending ratio
Median Price
$352,250
⇩ 7.9% vs $382,450 last year
Average Price
$404,482
⇧ 1.5% vs $398,459 last year
Days on Market
41
⇧ 7.9% vs 38 days last year

Price Per Square Foot

Median $/sqft
$175
⇧ 4.2% vs $168/sqft last year
Median Home Size
1,950 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 119 this year vs 125 last year
  • Days on market: 41 now vs 38 last year

Median & Average Pricing

Year over Year
  • Median: $352,250 (-7.9% YoY)
  • Average: $404,482 (+1.5% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.2 miles — 864 listings ($256,577,779 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46375Schererville, IN 463750.0 mi82$30,616,176$332,500$373,368
46373Saint John, IN 463733.3 mi123$85,157,328$713,250$692,336
46322Highland, IN 463223.9 mi57$15,328,896$252,400$268,928
46408Gary, IN 464085.6 mi53$7,323,540$157,700$138,180
46323Hammond, IN 463236.8 mi40$8,279,000$201,150$206,975
60411Chicago Heights, IL 604117.2 mi187$43,277,410$202,250$231,430
46404Gary, IN 464047.6 mi56$8,666,616$172,975$154,761
46406Gary, IN 464068.0 mi26$4,028,674$169,999$154,949
60417Crete, IL 604178.4 mi83$31,456,253$314,975$378,991
46407Gary, IN 464078.7 mi71$6,051,188$60,000$85,228
60425Glenwood, IL 604259.0 mi46$9,859,916$216,250$214,346
60476Thornton, IL 604769.6 mi14$3,244,094$223,725$231,721
46402Gary, IN 4640210.2 mi26$3,288,688$123,000$126,488

Frequently Asked Questions

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

As of July 2026, there are 119 active listings in SCHERERVILLE, IN (zip code 46375), compared to 125 the prior year.

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

The median listing price in SCHERERVILLE, IN 46375 is $352,250 as of July 2026, a 7.9% decrease from $382,450 the prior year.

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

Homes in SCHERERVILLE, IN 46375 spend an average of 41 days on the market before going under contract, compared to 38 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 July 2026, SCHERERVILLE, IN 46375 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 41 days on market compared to 38 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 $7,045 compared to a typical 5% commission on the median listing price of $352,250. 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.