Zip 46320 (Hammond, IN) Housing

The housing market in 46320 Hammond, IN is quite strong. The median value for homes here is $119,800 - much lower than the US House Median Value of $338,100. Despite the lower cost of housing in Hammond, IN, house appreciation over the past year was 9.67%, which is higher than the 8.27% national average. This suggests that investing in a home here would be a wise choice for those looking to grow their assets.

The median home cost in Hammond (zip 46320) is $119,800. Home appreciation the last 10 years has been 76.1%. Home Appreciation in Hammond (zip 46320) is up 14.2%.

Average Age of Homes

- The median age of Hammond (zip 46320) real estate is 70 years old

The Rental Market in Hammond (zip 46320)

- Renters make up 48.8% of the Hammond (zip 46320) population
- 1.7% of houses and apartments in Hammond (zip 46320), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Hammond, Indiana	United States
	6,238.0	139,647,020.0
	80	42
	$119,800	$338,100
	14.2%	16.6%
	54.9%	57.0%
	76.1%	101.1%
	$11.99	$10.98
	$957	$2,690
	35.0%	57.4%
	12.0%	11.2%
	53.0%	31.4%
Vacant Housing
	1.7%	1.9%
	0.7%	0.4%
	1.7%	0.7%
	0.7%	0.4%
	0.0%	3.6%
	7.3%	4.1%
Value of Owner-Occupied Housing
	3.3%	2.6%
	11.6%	2.4%
	12.9%	2.8%
	22.6%	3.9%
	15.9%	4.5%
	13.2%	11.3%
	16.6%	13.0%
	2.2%	20.1%
	0.7%	13.6%
	0.5%	8.3%
	0.5%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.2%	13.6%
	5.2%	13.6%
	3.7%	13.6%
	5.3%	13.2%
	7.0%	14.8%
	3.7%	13.6%
	9.9%	10.0%
	14.4%	4.7%
	49.1%	12.2%

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