Real Estate Market Update for Hammond, IN
Welcome to April's Market Update. Let’s take a look at residential real-estate activity in your area during the month of April. The number of active listings was up 38% from one year earlier, and up 13% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 70-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 100%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The number of units sold decreased 100% year-over-year, and held steady month-over-month. Even though sales figures were down from a year ago, the recent local market conditions were basically unchanged. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Hammond, IN
Area Information for Hammond, IN
  • Population: 81,182
  • Median Age: 32.53 yr
  • Median Commute Time: 20.62 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 3,564/sq mi
  • Population Change Since 2000: -2.25%
  • Closest Airport: Chicago Midway International
  • Closest College: Purdue University-calumet
  • Closest Jr. College: Ivy Tech Community College-northwest
  • Median Household Income: $38,693
  • Annual Residential Turnover: 16.78%
  • Median Years in Residence: 4.18 yr
  • Median Home Sales Price: $76,375
  • Closest Major Sports Team: White Sox
  • Change Avg. Household Income Since 2000: 9%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Hammond, IN
Median Age: 32.53 Married: 25% Number of Households: 30,906 Households with Children: 11,621
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Hammond, IN

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Thomas Jefferson Elementary School 0.4 mi Public PRESCHOOL-5 1 4
      Morton Elementary School 1.0 mi Public K-5 1 5
      Donald E Gavit Mdl/high School 1.1 mi Public 6-12 1 3
      Saint John Bosco School 1.1 mi Catholic PRESCHOOL-8 2-5 4
      Frank O'bannon Elementary School 1.1 mi Public PRESCHOOL-5 1 0
      Maywood Elementary School 1.2 mi Public PRESCHOOL-5 1 4
      Lew Wallace Elementary School 1.6 mi Public PRESCHOOL-5 1 0
      Warren G Harding Elementary School 1.6 mi Public PRESCHOOL-5 1 2
      Thomas A Edison Elementary School 1.6 mi Public PRESCHOOL-5 1 3
      Hammond High School 1.7 mi Public 9-12 0 2
      Columbia Elementary School 1.8 mi Public K-5 0 3
      Area Career Center 1.9 mi Public 10-12 0 4
      Lafayette Elementary School 2.0 mi Public PRESCHOOL-5 1 3
      Morton Senior High School 2.1 mi Public 9-12 1 2
      Henry W Eggers Elem/md School 2.1 mi Public 6-8 1 3
      Hazel Young Academy 2.1 mi Private PRESCHOOL-8 0 4
      Kenwood Elementary School 2.1 mi Public K-5 1 4
      Aodc Christian Academy 2.2 mi Private K-7 0 4
      Charles N Scott Middle School 2.2 mi Public 6-8 0 2
      Judith Morton Johnston Elementary 2.3 mi Public K-5 3 3
      Montessori Children's School 2.3 mi Private PRESCHOOL-8 0 4
      James B Eads Elementary School 2.3 mi Public K-5 3-5 5
      Joseph Hess Elementary School 2.4 mi Public PRESCHOOL-5 1 4
      Bishop Noll Institute 2.5 mi Catholic 9-12 2-5 4
      Ernest R Elliott Elementary School 2.6 mi Public K-5 4-5 5
      Saint Thomas More School 2.6 mi Catholic PRESCHOOL-8 4 5
      Wilbur Wright Middle School 2.7 mi Public 6-8 4 4
      City Baptist Schools 2.7 mi Private K-12 0 0
      Hammond Academy Of Science & Tech 2.8 mi Public 6-11 2 4
      Washington Irving Elementary School 2.8 mi Public PRESCHOOL-5 1 4
      Our Lady Of Grace School 2.8 mi Catholic K-8 3 5
      Highland Christian School 3.0 mi Private PRESCHOOL-8 0 5
      Munster High School 3.0 mi Public 9-12 4 5
      Children Of The Earth Montessore School 3.0 mi Private PRESCHOOL-K 0 0
      Highland High School 3.3 mi Public 9-12 3 3
      Bible Baptist School 3.4 mi Private K-12 0 0
      Cline Ave Baptist Childcare/presch 3.4 mi Private PRESCHOOL-K 0 0
      St Casimir School 3.4 mi Catholic PRESCHOOL-8 2-5 4
      Highland Middle School 3.5 mi Public 6-8 3-5 3
      Frank H Hammond Elementary School 3.5 mi Public PRESCHOOL-5 5 4
      Abraham Lincoln Elementary School 3.6 mi Public PRESCHOOL-5 1 4
      Mildred Merkley Elementary School 3.6 mi Public K-5 2-5 5
      Southridge Elementary School 3.7 mi Public K-5 3-5 5
      Allen J Warren Elementary School 4.3 mi Public K-5 2-5 4
      Happy Days Child Care Cntr 4.9 mi Private PRESCHOOL-K 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for Hammond, IN
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.