Zip 70403 (Hammond, LA) Housing

The housing market in Hammond, LA (70403) is much more affordable than the US median value of $338,100. The current median housing value in Hammond is $199,600. However, it has experienced a larger appreciation over the past year at 11.36%, compared to 8.27% for the US as a whole. This makes Hammond an attractive option for those looking to purchase while still having access to cities like New Orleans and Baton Rouge for employment opportunities.

The median home cost in Hammond (zip 70403) is $199,600. Home appreciation the last 10 years has been 53.3%. Home Appreciation in Hammond (zip 70403) is up 14.5%.

Average Age of Homes

- The median age of Hammond (zip 70403) real estate is 25 years old

The Rental Market in Hammond (zip 70403)

- Renters make up 33.5% of the Hammond (zip 70403) population
- 1.8% of houses and apartments in Hammond (zip 70403), 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, Louisiana	United States
	12,851.0	139,647,020.0
	28	42
	$199,600	$338,100
	14.5%	16.6%
	36.8%	57.0%
	53.3%	101.1%
	$4.91	$10.98
	$830	$2,690
	59.3%	57.4%
	12.3%	11.2%
	28.4%	31.4%
Vacant Housing
	1.8%	1.9%
	0.6%	0.4%
	0.7%	0.7%
	0.8%	0.4%
	1.0%	3.6%
	7.5%	4.1%
Value of Owner-Occupied Housing
	5.8%	2.6%
	5.9%	2.4%
	2.6%	2.8%
	4.8%	3.9%
	3.4%	4.5%
	15.1%	11.3%
	25.6%	13.0%
	23.5%	20.1%
	9.1%	13.6%
	1.3%	8.3%
	1.7%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	1.2%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	23.9%	13.6%
	23.9%	13.6%
	15.7%	13.6%
	21.8%	13.2%
	9.8%	14.8%
	15.7%	13.6%
	3.7%	10.0%
	1.3%	4.7%
	1.9%	12.2%