Frequently Asked Questions

Are house prices dropping in Hammond?

The house prices in Hammond are indeed dropping at the moment. There has been a decrease in price of $0.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

What is the housing market like in Hammond at this time?

The housing market and house prices in Hammond are going down. The average house price is $215,000.00 and the average price per square feet is $160.00 per square foot. At the moment, there are 105 homes listed - 47 active, 58 pending, and 0 sold in Hammond.

What is the most popular place to buy a house in Hammond?

The most popular place to buy a home in Hammond is . has the most properties listed and appears to have the highest demand.

What is the amount of property taxes you have to pay for a house in Hammond?

The average amount of property taxes you would have to pay for a home in Hammond is $1,695.33. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.

How fast are houses listed in Hammond being sold?

Properties in Hammond stay on the market for an average of 0 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.

How often are houses listed for sale in Hammond?

The last home listed in Hammond was 508 minutes ago.

Can you visit houses in Hammond?

Currently, there are 0 open houses available for viewing in Hammond.

What is the most expensive house in Hammond?

The cost of the most expensive home in Hammond is $699,900.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.

What is the cheapest house in Hammond?

The cost of the cheapest home in Hammond is $94,500.00. Buying a cheaper home can keep payments low and leave room for customization.

How old are the homes in Hammond?

The oldest home in Hammond was built in 1890, and the newest in 2026.

How big are the homes in Hammond?

The average property size in Hammond is 1499.79 sq.ft., the largest being 3508 sq.ft., and the smallest being 590 sq.ft.

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Pending

$214,900

2 Beds

2 Baths

1,578 Sq. Ft.

506 Mulberry Street, Hammond, IN, 46324

Est. Payments: $0/mo

Residential

Built in 1928

163 days on Site

0.1435 Lot Size

Forced Air

Additional Details

Contact Agent

Jeff Safrin

F.C. Tucker Company, Inc.

(219) 309-9930

View Profile

Description

This well maintained 2-bedroom, 2-bath home offers exceptional flexibility with a potential third bedroom and a finished basement that provides a generous amount of additional living space. It's perfect for an entertainment space or your very own Media Room. The thoughtful layout makes it easy to adapt the home to fit a variety of lifes...

Source: NIRA as distributed by MLS GRID, MLS ID: 832989

Listing provided courtesy of Joshua Finger (219) 365-8000 with Better Homes and Gardens Real

Last Updated: 5/23/2026 | 2:00 PM

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Loan Price: 0/mo

Price & Interest: 0/mo

Property Tax: 0/mo

Mortgage Insurance: 0/mo

Home Insurance: 0/mo

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About the Neighborhood

Hammond offers a peaceful and inviting neighborhood with abundant green spaces, including over 30 parks uplighting its tranquil character. The area provides convenient access to both public and private schools, supporting a variety of educational needs. Residents will find a broad selection of housing options, from spacious lofts to larger multi-bedroom homes and duplexes that fit diverse preferences. The neighborhood’s largely flat terrain encourages bicycling as a practical mode of transportation, complementing easy access to nearby highways for smooth travel. Grocery stores and dining venues are available, contributing to a comfortable and balanced community atmosphere.

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Hammond Market Report

Avg. Days on Market

Avg. Price Per Sq. Ft.

166.43

Median List Price

$200,000

Homes Listed

132

Frequently Asked Questions