Zip 46324 (Hammond, IN) Housing

Housing in 46324 Hammond, IN is far more affordable than the US House Median Value of $338,100. The Housing Median Value in 46324 Hammond, IN is $162,300 which is significantly lower than the US House Median Value. However, this does not mean that the housing market here has been stagnant. The US 1 year House Appreciation rate is 8.27%, whereas the House 1 year appreciation rate in 46324 Hammond, IN is 9.67%. This shows that there has been a healthy increase in house prices and people are investing in property here even though it may be cheaper than other places across the country.

The median home cost in Hammond (zip 46324) is $162,300. Home appreciation the last 10 years has been 76.1%. Home Appreciation in Hammond (zip 46324) is up 14.2%.

Average Age of Homes

- The median age of Hammond (zip 46324) real estate is 65 years old

The Rental Market in Hammond (zip 46324)

- Renters make up 30.1% of the Hammond (zip 46324) population
- 0.8% of houses and apartments in Hammond (zip 46324), 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
	9,421.0	139,647,020.0
	70	42
	$162,300	$338,100
	14.2%	16.6%
	54.9%	57.0%
	76.1%	101.1%
	$12.25	$10.98
	$1,336	$2,690
	63.0%	57.4%
	8.3%	11.2%
	28.8%	31.4%
Vacant Housing
	0.8%	1.9%
	0.8%	0.4%
	0.7%	0.7%
	0.4%	0.4%
	0.2%	3.6%
	5.5%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	1.2%	2.4%
	3.8%	2.8%
	13.7%	3.9%
	22.5%	4.5%
	33.5%	11.3%
	16.2%	13.0%
	6.5%	20.1%
	0.7%	13.6%
	0.0%	8.3%
	0.5%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.1%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.6%	13.6%
	1.6%	13.6%
	1.9%	13.6%
	2.6%	13.2%
	5.6%	14.8%
	1.9%	13.6%
	35.2%	10.0%
	17.3%	4.7%
	27.7%	12.2%

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