Hammond, LA Housing Market & Real Estate

Buyer's market+80.0% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Hammond, LA is $270,000, up 80.0% year-over-year. Homes sell in an average of 109 days with 59 active listings. The market is currently a buyer's market.

$270,000median sale price

Is Hammond a buyer's or seller's market?

Buyer's market6.6 months of supply109 avg. days on market

Hammond, LA is currently a buyer's market, based on 6.6 months of supply and homes selling in about 109 days. How we determine this →

Homes sold

9

Last 12 weeks

Days on market

109

Average pace

Active listings

59

6.6 months supply

Sale-to-list

95.5%

Below asking

Hammond, LA market data

Current housing market statistics for Hammond, LA
MetricValue
Median sale price$270,000
Median list price$200,000
Year-over-year price change+80.0%
Average days on market109 days
Active inventory59 listings
Months of supply6.6 months
Sale-to-list price ratio95.5%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Hammond housing market is currently classified as a buyer's market with a median sale price of $270,000. Prices have risen 80.0% compared to last year, with homes spending an average of 109 days on market, indicating 6.6 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Hammond

There are currently 59 homes listed for sale in Hammond, Louisiana. The median listing price is $200K.

Active listings

59

Homes on market

Median list price

$200K

Avg. days on market

109

Days until sale

New this week

12

Newly listed

Price drops:25.4%of listings
Sale-to-list:95.5%

Top public schools in Hammond

6 schools tracked · 5,456 students

The largest public schools serving Hammond, LA 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 High Magnet School

Grades 9-12 · 1,772 students

Public

Hammond Eastside Magnet

Grades PK-8 · 1,391 students

Public

Hammond Westside Montessori

Grades PK-8 · 1,075 students

Public

Woodland Park Magnet

Grades PK-3 · 506 students

Public

Greenville Park Leadership Academy

Grades 4-8 · 453 students

Public

Southeastern LA University Lab School

Grades PK-8 · 259 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in Hammond?

The median home sale price in Hammond is $270,000, up 80.0% from last year.

How long do homes stay on market in Hammond?

Homes typically spend 109 days on market before going under contract.

Is Hammond a buyer's or seller's market?

With 6.6 months of supply, Hammond is currently a buyer's market.

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