Housing in Hammond, IN (46323) is quite affordable with its median value being $165,700. This is much cheaper than the US median value of $338,100. Additionally, the house appreciation rate for the last year in Hammond was 9.67%, slightly higher than the national average of 8.27%. This shows that housing in Hammond is a great investment and makes it an attractive place to live.
The median home cost in Hammond (zip 46323) is $165,700. Home appreciation the last 10 years has been 76.1%. Home Appreciation in Hammond (zip 46323) is up 14.2%.
Average Age of Homes
- The median age of Hammond (zip 46323) real estate is 61 years old
The Rental Market in Hammond (zip 46323)
- Renters make up 30.4% of the Hammond (zip 46323) population
- 1.6% of houses and apartments in Hammond (zip 46323), 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.