Hammond, LA

Buyer's market+80.0% YoY

Housing market overview · Updated weekly

$270,000median sale price

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

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%

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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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