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Columbia Center Hollywood

HAMMOND, IN 46324

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

Neighborhoods in ZIP 46324

Columbia Center · Hollywood

Market Analysis

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

The HAMMOND, IN real estate market (46324) currently shows 40 active listings, with 21 pending sales. Homes are averaging 44 days on the market before going under contract.

Inventory has tightened compared to last year, with 16 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 44 days on market compared to 46 days last year.

The median listing price has fallen 11.4% year-over-year, from $219,900 to $194,900.

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 Context

Market Context

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

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

Market Overview

Active Listings
40
⇩ 28.6% vs 56 last year
Pending
21
53% pending ratio
Median Price
$194,900
⇩ 11.4% vs $219,900 last year
Average Price
$198,344
⇩ 6.2% vs $211,499 last year
Days on Market
44
⇩ 4.3% vs 46 days last year

Price Per Square Foot

Median $/sqft
$151
⇧ 18% vs $128/sqft last year
Median Home Size
1,271 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 40 this year vs 56 last year
  • Days on market: 44 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $194,900 (-11.4% YoY)
  • Average: $198,344 (-6.2% 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 8.5 miles — 1,199 listings ($274,464,817 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46324Hammond, IN 463240.0 mi43$8,808,249$199,450$204,843
46321Munster, IN 463212.5 mi87$42,111,393$395,974$484,039
60438Lansing, IL 604382.8 mi138$28,524,600$206,875$206,700
60409Calumet City, IL 604093.3 mi215$35,367,715$169,450$164,501
46406Gary, IN 464065.0 mi26$4,028,674$169,999$154,949
60473South Holland, IL 604735.2 mi139$33,387,244$231,000$240,196
60419Dolton, IL 604195.9 mi136$24,875,216$175,000$182,906
60425Glenwood, IL 604256.3 mi46$9,859,916$216,250$214,346
46394Whiting, IN 463946.5 mi26$7,000,942$242,250$269,267
46375Schererville, IN 463756.8 mi82$30,616,176$332,500$373,368
46408Gary, IN 464087.3 mi53$7,323,540$157,700$138,180
60426Harvey, IL 604268.0 mi100$16,242,200$160,000$162,422
60430Homewood, IL 604308.5 mi108$26,318,952$239,225$243,694

Frequently Asked Questions

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

As of March 2026, there are 40 active listings in HAMMOND, IN (zip code 46324), compared to 56 the prior year.

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

The median listing price in HAMMOND, IN 46324 is $194,900 as of March 2026, a 11.4% decrease from $219,900 the prior year.

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

Homes in HAMMOND, IN 46324 spend an average of 44 days on the market before going under contract, compared to 46 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 March 2026, HAMMOND, IN 46324 is currently a Seller's Market. Inventory has tightened compared to last year, with 16 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 44 days on market compared to 46 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 $3,898 compared to a typical 5% commission on the median listing price of $194,900. 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.