Brokers — List your Company Here
Featured local agent — Hammond, IN
Sarah Mitchell
Compass Real Estate · Hammond, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Hammond, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$207,000median sale price
How is the Hammond, IN housing market right now?
The median home sale price in Hammond, IN is $207,000, up 6.7% year-over-year. Homes sell in an average of 9 days with 68 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Hammond a buyer's or seller's market?
Hammond, IN is currently a strong seller's market, based on 1.2 months of supply and homes selling in about 9 days. How we determine this →
Homes sold
55
Last 12 weeks
Days on market
9
Fast-moving
Active listings
68
1.2 months supply
Sale-to-list
99.3%
Below asking
What does the Hammond housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $207,000 |
| Median list price | $204,500 |
| Year-over-year price change | +6.7% |
| Average days on market | 9 days |
| Active inventory | 68 listings |
| Months of supply | 1.2 months |
| Sale-to-list price ratio | 99.3% |
| Median price per sq ft | $129/sq ft |
| Homes sold (latest month) | 55 |
| New listings (latest month) | 50 |
| Listings with a price cut | 35.3% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Hammond by property type?
How the Hammond, IN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $207,000 | $129/sq ft | 55 | 9 days |
| Townhouse | $125,000 | $163/sq ft | 1 | 77 days |
Source: Redfin · Updated monthly
The Hammond housing market is currently classified as a strong seller's market with a median sale price of $207,000. Prices have risen 6.7% compared to last year, with homes spending an average of 9 days on market, indicating 1.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.3x provides context for how home values compare to local earning capacity.
Homes for sale in Hammond
There are currently 68 homes listed for sale in Hammond, Indiana. The median listing price is $205K.
Active listings
68
Homes on market
Median list price
$205K
Avg. days on market
9
Days until sale
New this week
50
Newly listed
Who lives in Hammond?
Population
77,098
Median income
$53,950/yr
Median age
37.1 years
Owner-occupied
62.5%
College grads
15.4%
Avg commute
25 min
Source: U.S. Census Bureau ACS
What are homes worth in Hammond?
Zillow home value
$178,516
Zillow rent index
$1,479/mo
Price-to-rent ratio
10.1x
Price-to-income
3.3x
Source: Zillow Research
What is it like to live in Hammond?
Hammond is a community of approximately 77K residents with a median age of 37.1 years.The median household income is $53,950, which represents a working-class community with solid middle-income opportunities. 15.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 62.5%, showing a blend of owner and renter-occupied properties. The average commute time is 25 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Hammond offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Hammond?
18 schools tracked · 11,744 students
The largest public schools serving Hammond, IN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Hammond Central High School
Grades 9-12 · 1,923 students
Morton Senior High School
Grades 9-12 · 1,534 students
Henry W Eggers Middle School
Grades 7-8 · 783 students
Washington Irving Elementary Sch
Grades PK-6 · 740 students
Charles N Scott Middle School
Grades 7-8 · 734 students
Joseph Hess Elementary School
Grades PK-6 · 686 students
Warren G Harding Elementary School
Grades PK-6 · 643 students
Thomas A Edison Elementary School
Grades PK-6 · 634 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Hammond, IN?
Want a head-to-head view? Compare Hammond side-by-side with any other U.S. city using our market-comparison tool.
Is Hammond a good real estate investment market?
For investors evaluating Hammond, the price-to-rent ratio of 10.1x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 6.7% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Hammond's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Hammond's median home price.
Frequently asked questions
What is the average home price in Hammond?
The median home sale price in Hammond is $207,000, up 6.7% from last year.
How long do homes stay on market in Hammond?
Homes typically spend 9 days on market before going under contract.
What is the median income in Hammond?
The median household income is $53,950 per year.
Is Hammond a buyer's or seller's market?
With 1.2 months of supply, Hammond is currently a strong seller's market.
What is the Zillow home value estimate for Hammond?
The Zillow Home Value Index (ZHVI) for Hammond is $178,516, representing the typical home value in the area.
How much does a single-family home cost in Hammond?
The median single-family home price in Hammond, IN is $207,000 (about $129 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Hammond, IN
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Hammond market alerts
Weekly updates on prices, inventory, and trends. Free forever.