House Prices

House Prices & Home Values Hammond, IL 2026


Average Data

average house price$61,600
average size per house1389 ft²
average price per ft²45 $ / ft²

04/18/2026 - The value range (VR) for house prices in Hammond, IL is $44/ sqft to $44/ sqft. An average home with 1389 sqft costs approximately $61,116 to $61,116. Hammond, IL includes 1 ZIP codes and it is located in Piatt county. The lowest prices are found in ZIP 61929, while the highest are in ZIP 61929. The average price per sqare feet is $45. Our analysis is based on 4 property listings.

Avergage prices by ZIP codes Hammond

6192945 $ / ft²




Historical development of home values in Hammond

Year Estimated value (USD) Change vs. 2025
2010 $28,608 -53.6%
2011 $27,502 -55.4%
2012 $27,428 -55.5%
2013 $28,453 -53.8%
2014 $29,868 -51.5%
2015 $31,401 -49.0%
2016 $33,039 -46.4%
2017 $34,823 -43.5%
2018 $36,748 -40.3%
2019 $38,452 -37.6%
2020 $40,440 -34.4%
2021 $45,996 -25.3%
2022 $53,621 -13.0%
2023 $56,545 -8.2%
2024 $59,817 -2.9%
2025 $61,600 0.0%

Graph: estimated home values in Hammond over time (USD)



Example: 100% financing house in Hammond

Loan amount: $61,600

Interest rate: 6.00%

Fixed monthly payment: $369.32

Breakdown in the 1st month:
Interest portion: $308.00  –  Principal portion: $61.32

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $3,675.42 $756.46 $60,843.54
2 $3,628.77 $803.11 $60,040.43
3 $3,579.23 $852.65 $59,187.79
4 $3,526.64 $905.24 $58,282.55
5 $3,470.81 $961.07 $57,321.48
6 $3,411.53 $1,020.34 $56,301.14
7 $3,348.60 $1,083.28 $55,217.86
8 $3,281.79 $1,150.09 $54,067.77
9 $3,210.85 $1,221.03 $52,846.74
10 $3,135.54 $1,296.34 $51,550.41
11 $3,055.59 $1,376.29 $50,174.11
12 $2,970.70 $1,461.18 $48,712.94
13 $2,880.58 $1,551.30 $47,161.63
14 $2,784.90 $1,646.98 $45,514.65
15 $2,683.31 $1,748.56 $43,766.09
16 $2,575.47 $1,856.41 $41,909.68
17 $2,460.97 $1,970.91 $39,938.77
18 $2,339.40 $2,092.47 $37,846.29
19 $2,210.35 $2,221.53 $35,624.76
20 $2,073.33 $2,358.55 $33,266.21
21 $1,927.86 $2,504.02 $30,762.19
22 $1,773.41 $2,658.46 $28,103.72
23 $1,609.45 $2,822.43 $25,281.29
24 $1,435.36 $2,996.51 $22,284.78
25 $1,250.55 $3,181.33 $19,103.45
26 $1,054.33 $3,377.55 $15,725.90
27 $846.01 $3,585.87 $12,140.03
28 $624.84 $3,807.04 $8,332.99
29 $390.03 $4,041.85 $4,291.14
30 $140.74 $4,291.14 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Hammond, IL


1500 sqft3900 sqft
Ø selling price$81,675$173,745
Ø fast selling$74,250$156,371
Ø high price sale$89,100$191,120

In 2026, houses in Hammond, IL will be offered at an average price of $45 per square foot. A 1,500 sqft home priced at $81,675 is 23.12% more expensive per square foot than a 3,900 sqft home priced at $173,745. Home prices in Hammond, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $120,286. Sellers who can wait longer may achieve a higher price of up to $147,015.

FAQ – Home Values in Hammond

What is the median home value in Hammond in 2026?

In 2026, the typical home value in Hammond is about $61,600 for an average home size of 1389 square feet. This corresponds to an average price of roughly $45 per square foot.

What is the average cost per square foot in Hammond?

In 2026, homes in Hammond sell for an average of around $45 per square foot, with a typical range between $44 and $44 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Hammond is about 1389 square feet, with an estimated 2026 value around $61,600.



Locations close to Hammond, IL

Hindsboro, IL48 $ / ft²
Humboldt, IL406 $ / ft²
Hume, IL54 $ / ft²
Gays, IL63 $ / ft²
Dalton City, IL82 $ / ft²
Chrisman, IL51 $ / ft²
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