Median home value: $344K (+1.5% YoY). Rent: $1,449/mo. Price-to-rent: 19.8x. Part of Chicago-Naperville-Elgin, IL-IN-WI.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Chicago-Naperville-Elgin, IL-IN-WI metro page.
Home Value$344,487
+1.5%
Rent$1,449/mo
AFFORDABILITYRenting $581/mo cheaper ($1,449 rent)6.00% 30yr, 20% down, county tax + IN ins. 28% per HUD.
Enter your income for Schererville.
$68,897 on $344,487
Stretch — 32.5% of income
Above 28% but manageable with cuts.
PITI$2,030
P/I32.5%
Afford$297K
Gap-$48K
P&I $1,652Tax $244Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing