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Area data

Hammond, IN — ZIP 46323

Population: 23,047 (Census ACS)

Home values & appreciation

Median home value
$191,533
1-year appreciation
+1.7%
3-year appreciation
+8.1%
5-year appreciation
+24.8%
10-year appreciation
+118.8%
All-time peak (2026-07)
$191,533
House Price Index
367.2 (+2.9% YoY)

Market activity

Median sale price
$206,000
Median list price
$200,000
Median days on market
18.5 days
Sale-to-list ratio
99.5%
Active listings
16
1-year forecast
+2.1%
Days to pending
30 days
New listings (monthly)
22

Rents

Typical rent
$1,542/mo
1-year rent change
+9.4%
1BR fair-market rent
$1,170/mo
3BR fair-market rent
$1,740/mo

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
16.2¢/kWh
Natural gas rate (state-level)
$11.50/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
6
Elementary schools
3
Middle schools
1
High schools
2
Charter schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
coldWave, tornado, inlandFlooding, lightning, strongWind
FEMA flood zone
A03
Flood risk level
High

Climate (30-year normals)

Average annual temperature
79.0°F
Average high
80.0°F
Average low
78.0°F
Annual precipitation
48.3 in

Air quality

Air quality rating
Moderate
Median AQI (annual)
55
Days with Good air quality
125
Days with Unhealthy air quality
1

Walkability & transit

Walkability index
10.0 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
2
Nearest national park
Pullman National Historical Park (11 mi)
Nearest airport
Gary/Chicago International Airport (GYY) (3 mi)
Nearest major airport
Gary/Chicago International Airport (GYY) (3 mi)
Hospitals nearby (~15 mi)
339
Avg hospital rating
3.0 / 5
EV charging stations (within 10 mi)
40
Solar radiation rating
Fair (3.9 kWh/m²/day)

Migration

Net migration
+154 tax filers

Housing stock

Median year housing built
1,960
Median annual property tax
$1,684
Mean commute to work
22 min
Households with broadband internet
74.7%

Employment & development

Total county employment
167,551
Average weekly wage
$1,153
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
1,605

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents