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HAMMOND, IN 46324

Real Estate Market Report  ·  Lake County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
39
⇧ 8.3% vs 36 last year
Pending
16
41% pending ratio
Median Price
$197,450
⇩ 8.1% vs $214,925 last year
Average Price
$204,626
⇩ 3.9% vs $212,903 last year
Days on Market
86
⇧ 126.3% vs 38 days last year

Market Context

Population: 21,703  ·  Density: 1,922.0/mi²  ·  Median household income: $58,158

Typical home value: $132,530  ·  Homeownership: 68.9%

Market Analysis

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

The HAMMOND, IN real estate market (46324) currently shows 39 active listings, with 16 pending sales. Homes are averaging 86 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 86 days on market compared to 38 days last year.

The median listing price has fallen 8.1% year-over-year, from $214,925 to $197,450.

Whether you are buying or selling in HAMMOND, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 39 this year vs 36 last year
  • Days on market: 86 now vs 38 last year

Median & Average Pricing

Year over Year
  • Median: $197,450 (-8.1% YoY)
  • Average: $204,626 (-3.9% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.5 miles — 1,203 listings ($276,305,092 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46324Hammond, IN 463240.0 mi39$7,980,414$197,450$204,626
46321Munster, IN 463212.5 mi79$36,635,065$379,000$463,735
60438Lansing, IL 604382.8 mi144$30,962,160$211,000$215,015
60409Calumet City, IL 604093.3 mi199$33,128,923$170,000$166,477
46406Gary, IN 464065.0 mi26$4,045,730$170,000$155,605
60473South Holland, IL 604735.2 mi140$33,393,360$229,950$238,524
60419Dolton, IL 604195.9 mi141$25,815,549$176,200$183,089
60425Glenwood, IL 604256.3 mi49$10,916,906$220,000$222,794
46394Whiting, IN 463946.5 mi32$8,589,696$249,999$268,428
46375Schererville, IN 463756.8 mi85$32,242,285$349,900$379,321
46408Gary, IN 464087.3 mi52$8,174,556$165,000$157,203
60426Harvey, IL 604268.0 mi107$17,626,538$158,500$164,734
60430Homewood, IL 604308.5 mi110$26,793,910$249,000$243,581

Frequently Asked Questions

How many homes are for sale in HAMMOND, IN 46324?

As of January 2026, there are 39 active listings in HAMMOND, IN (zip code 46324), compared to 36 the prior year.

What is the median home price in HAMMOND, IN 46324?

The median listing price in HAMMOND, IN 46324 is $197,450 as of January 2026, a 8.1% decrease from $214,925 the prior year.

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

Homes in HAMMOND, IN 46324 spend an average of 86 days on the market before going under contract, compared to 38 days the prior year.

Is it a seller's or buyer's market in HAMMOND, IN 46324?

Based on current inventory and days-on-market data as of January 2026, HAMMOND, IN 46324 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 86 days on market compared to 38 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 46324 save an estimated $3,949 compared to a typical 5% commission on the median listing price of $197,450. 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.