Housing in Hammond, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — October 2025Median Sale Price
$200,000
Median List Price
N/A
Price Per Sq Ft
$71
Days on Market
59
Active Inventory
1
Months of Supply
1.0
Seller's market
Zillow Home Value
$131,983
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
100.0%
Sale-to-List Ratio
100.1%
Seller's market
Market Activity
Source: RedfinHomes Sold
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$71
Hammond vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Hammond is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$104,700
Median Rent
$608
Total Housing Units
297
Vacancy Rate
11.8%
Owner Occupied
85.9%
Renter Occupied
14.1%
Median Property Tax
$2,071
per year
Monthly Cost (w/ Mortgage)
$927
Housing Types
The current median sale price in Hammond, IL is $200,000 according to Redfin data. Homes spend a median of 59 days on the market. 100.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $71. The median rent is $608 per month (Census ACS). About 85.9% of housing units are owner-occupied. The median year homes were built is 1962. There are 297 total housing units.