Hammond, IN is a great city to settle into for those looking for a place to call home. According to recent reports, the housing median value in Hammond is $149,600, which is significantly lower than the median US house value of $338,100. Additionally, the 1 year house appreciation in Hammond is 9.67%, higher than the US average of 8.27%. With these numbers in mind, it's clear that there are plenty of opportunities for potential homeowners who want to find an affordable and attractive option in Hammond. With its relatively low prices and high appreciation rates, Hammond makes an ideal location for those looking for a place to call home.
The median home cost in Hammond is $149,600. Home appreciation the last 10 years has been 76.1%. Home Appreciation in Hammond is up 14.2%.
Average Age of Homes
- The median age of Hammond real estate is 66 years old
The Rental Market in Hammond
- Renters make up 33.2% of the Hammond population
- 1.5% of houses and apartments in Hammond, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.