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HAMMOND, IN 46323

Real Estate Market Report  ·  Lake County
Seller's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The HAMMOND, IN real estate market (46323) currently shows 54 active listings, with 31 pending sales. Homes are averaging 27 days on the market before going under contract.

Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 27 days on market compared to 43 days last year.

The median listing price has risen 4% year-over-year, from $209,950 to $218,250.

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Market Context

Market Context

Population: 23,447  ·  Density: 1,459.9/mi²  ·  Median household income: $57,683

Typical home value: $132,430  ·  Homeownership: 66.4%

Market Overview

Active Listings
54
⇩ 14.3% vs 63 last year
Pending
31
57% pending ratio
Median Price
$218,250
⇧ 4% vs $209,950 last year
Average Price
$217,199
⇧ 1.3% vs $214,319 last year
Days on Market
27
⇩ 37.2% vs 43 days last year

Price Per Square Foot

Median $/sqft
$160
⇧ 3.9% vs $154/sqft last year
Median Home Size
1,269 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 54 this year vs 63 last year
  • Days on market: 27 now vs 43 last year

Median & Average Pricing

Year over Year
  • Median: $218,250 (+4% YoY)
  • Average: $217,199 (+1.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.1 miles — 936 listings ($200,091,794 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46323Hammond, IN 463230.0 mi40$8,279,000$201,150$206,975
46324Hammond, IN 463242.5 mi43$8,808,249$199,450$204,843
46322Highland, IN 463222.9 mi57$15,328,896$252,400$268,928
46312East Chicago, IN 463124.0 mi27$4,693,734$172,500$173,842
46327Hammond, IN 463274.5 mi17$3,321,239$186,200$195,367
60438Lansing, IL 604385.3 mi138$28,524,600$206,875$206,700
46408Gary, IN 464085.3 mi53$7,323,540$157,700$138,180
46407Gary, IN 464076.4 mi71$6,051,188$60,000$85,228
46375Schererville, IN 463756.8 mi82$30,616,176$332,500$373,368
60633Chicago, IL 606337.5 mi39$9,132,630$232,474$234,170
60419Dolton, IL 604198.0 mi136$24,875,216$175,000$182,906
60425Glenwood, IL 604258.7 mi46$9,859,916$216,250$214,346
60411Chicago Heights, IL 604119.1 mi187$43,277,410$202,250$231,430

Frequently Asked Questions

How many homes are for sale in HAMMOND, IN 46323?

As of September 2026, there are 54 active listings in HAMMOND, IN (zip code 46323), compared to 63 the prior year.

What is the median home price in HAMMOND, IN 46323?

The median listing price in HAMMOND, IN 46323 is $218,250 as of September 2026, a 4% increase from $209,950 the prior year.

How long do homes stay on the market in HAMMOND, IN?

Homes in HAMMOND, IN 46323 spend an average of 27 days on the market before going under contract, compared to 43 days the prior year.

Is it a seller's or buyer's market in HAMMOND, IN 46323?

Based on current inventory and days-on-market data as of September 2026, HAMMOND, IN 46323 is currently a Seller's Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 27 days on market compared to 43 days last year.

How much can I save on real estate commission in HAMMOND, IN?

With SELL123.com's maximum 3% commission, sellers in HAMMOND, IN 46323 save an estimated $4,365 compared to a typical 5% commission on the median listing price of $218,250. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.