House Prices

House Prices & Home Values Hammond, IN 2026


Average Data

average house price$190,482
average size per house2257 ft²
average price per ft²85 $ / ft²

04/05/2026 - The value range (VR) for house prices in Hammond, IN is $75/ sqft to $87/ sqft. An average home with 2257 sqft costs approximately $169,275 to $196,359. Hammond, IN includes 4 ZIP codes and it is located in Lake county. The lowest prices are found in ZIP 46320, while the highest are in ZIP 46323. The average price per sqare feet is $85. Our analysis is based on 50 property listings.

Avergage prices by ZIP codes Hammond

4632068 $ / ft²
4632388 $ / ft²
4632476 $ / ft²
4632791 $ / ft²




Historical development of home values in Hammond

Year Estimated value (USD) Change vs. 2025
2010 $88,463 -53.6%
2011 $85,042 -55.4%
2012 $84,813 -55.5%
2013 $87,984 -53.8%
2014 $92,358 -51.5%
2015 $97,099 -49.0%
2016 $102,166 -46.4%
2017 $107,680 -43.5%
2018 $113,633 -40.3%
2019 $118,902 -37.6%
2020 $125,049 -34.4%
2021 $142,230 -25.3%
2022 $165,808 -13.0%
2023 $174,852 -8.2%
2024 $184,968 -2.9%
2025 $190,482 0.0%

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



Example: 100% financing house in Hammond

Loan amount: $190,482

Interest rate: 6.00%

Fixed monthly payment: $1,142.04

Breakdown in the 1st month:
Interest portion: $952.41  –  Principal portion: $189.63

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $11,365.29 $2,339.14 $188,142.86
2 $11,221.02 $2,483.41 $185,659.44
3 $11,067.84 $2,636.59 $183,022.86
4 $10,905.23 $2,799.20 $180,223.65
5 $10,732.58 $2,971.85 $177,251.80
6 $10,549.28 $3,155.15 $174,096.65
7 $10,354.68 $3,349.75 $170,746.90
8 $10,148.07 $3,556.36 $167,190.54
9 $9,928.72 $3,775.71 $163,414.83
10 $9,695.84 $4,008.59 $159,406.24
11 $9,448.60 $4,255.83 $155,150.42
12 $9,186.11 $4,518.32 $150,632.10
13 $8,907.43 $4,797.00 $145,835.10
14 $8,611.57 $5,092.86 $140,742.24
15 $8,297.45 $5,406.98 $135,335.26
16 $7,963.96 $5,740.47 $129,594.79
17 $7,609.90 $6,094.53 $123,500.26
18 $7,234.00 $6,470.43 $117,029.83
19 $6,834.92 $6,869.51 $110,160.32
20 $6,411.22 $7,293.21 $102,867.11
21 $5,961.39 $7,743.04 $95,124.08
22 $5,483.82 $8,220.61 $86,903.47
23 $4,976.79 $8,727.64 $78,175.83
24 $4,438.49 $9,265.94 $68,909.89
25 $3,866.99 $9,837.44 $59,072.44
26 $3,260.23 $10,444.20 $48,628.25
27 $2,616.06 $11,088.37 $37,539.88
28 $1,932.15 $11,772.28 $25,767.60
29 $1,206.07 $12,498.36 $13,269.24
30 $435.19 $13,269.24 $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, IN


1500 sqft3900 sqft
Ø selling price$154,275$328,185
Ø fast selling$140,250$295,367
Ø high price sale$168,300$361,004

In 2026, houses in Hammond, IN will be offered at an average price of $85 per square foot. A 1,500 sqft home priced at $154,275 is 20.72% more expensive per square foot than a 3,900 sqft home priced at $328,185. Home prices in Hammond, IN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $227,206. Sellers who can wait longer may achieve a higher price of up to $277,696.


Discover Hammond, IN

Hammond, Indiana is a historic city in Lake County that anchors the northwest corner of the state near Chicago.

Known for its industrial heritage and revitalizing neighborhoods, Hammond, IN blends lakefront recreation with urban convenience.

Location & Transportation

Its strategic location along the Indiana?Illinois border offers quick access to downtown Chicago via the South Shore Line and major highways like I?90 and I?94.

Residents and visitors benefit from efficient regional connectivity to airports, jobs, and entertainment across the greater Chicago metro.

Attractions & Recreation

Top attractions include Wolf Lake Memorial Park with trails and water sports, the Lost Marsh Golf Course, and the lively Horseshoe Hammond Casino.
Seasonal festivals, live music, and public art add cultural energy while nature preserves showcase birding and scenic shoreline views.

Economy & Education

Hammond, Indiana?s economy features manufacturing, logistics, healthcare, and small business growth supported by redevelopment initiatives.

Purdue University Northwest?s Hammond campus strengthens workforce development and innovation through research, internships, and community partnerships.

Living in Hammond

Homebuyers find a range of housing options from classic brick bungalows to new developments, with values that appeal to commuters and first?time buyers.

Dining spots, neighborhood shops, and expanding bike paths create a welcoming quality of life that makes Hammond, IN a smart place to live, work, and explore.



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 $190,482 for an average home size of 2257 square feet. This corresponds to an average price of roughly $85 per square foot.

What is the average cost per square foot in Hammond?

In 2026, homes in Hammond sell for an average of around $85 per square foot, with a typical range between $75 and $87 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 2257 square feet, with an estimated 2026 value around $190,482.



Locations close to Hammond, IN

Hanna, IN353 $ / ft²
Hebron, IN98 $ / ft²
Hobart, IN122 $ / ft²
Highland, IN142 $ / ft²
Munster, IN162 $ / ft²
Griffith, IN196 $ / ft²
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