Housing in Hammond, IN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$193,600

Median List Price

$199,950

Price Per Sq Ft

$132

Days on Market

24

Active Inventory

101

Months of Supply

2.2

Seller's market

Zillow Home Value

$166,813

ZHVI — January 2026

Zillow Rent Index

$1,454

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 13.9%List Price 11.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

17.4%

Off Market in 2 Weeks

40.9%

Sale-to-List Ratio

97.3%

Buyer's market

Sold Above Asking
17.4%
Under Contract in 2 Wks
40.9%
Listings with Price Drops
24.8%

Market Activity

Source: Redfin

Homes Sold

46

New Listings

38

Pending Sales

44

Homes Sold 13.2%New Listings 40.6%Pending 22.8%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$132

Median List $/SF

$135

Sale $/SF 6.5%List $/SF 9.8%Mar 24Jan 26

Hammond vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 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

$141,700

Median Rent

$1,089

Total Housing Units

32,548

Vacancy Rate

9.6%

Owner Occupied

62.5%

Renter Occupied

37.5%

Median Property Tax

$1,485

per year

Monthly Cost (w/ Mortgage)

$915

Housing Types

Single Family
77.2%
Multi-Family
21.9%
Mobile Home
0.9%

The current median sale price in Hammond, IN is $193,600 according to Redfin data. Homes spend a median of 24 days on the market. 17.4% of homes sold above asking price. The market has 2.2 months of supply. The median price per square foot is $132. Zillow's observed rent index is $1,454/month. About 62.5% of housing units are owner-occupied. The median year homes were built is 1952. There are 32,548 total housing units.