Hammond, LA—70401

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$216,000

0.2% YoY Growth

Household Income

$51,000

21.6% YoY Growth

Days on Market

10.0% Longer YoY

Home Price Forecast

-3.8%

Median Rent

$1,100

4.2% YoY Growth

1-Bed Rent

$850

3.2% YoY Growth

2-Bed Rent

$1,100

8.7% YoY Growth

3-Bed Rent

$1,500

3.2% YoY Growth

Other Zip Codes in Hammond, LA

70403

Home Price Trends — Hammond, LA

As of May '26, the median home price in Hammond, LA is $216,000, with a year-over-year change of 0.2%. This indicates that home prices in Hammond, LA are flat. According to Zillow, the 1-year price projection is -3.8%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$216,000	0.2%
Single Family	$219,000	0.0%
Condos	$114,000	-2.6%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Type	Median Rent	Average Rent
Average Rent	$1,100	$1,230
Studio Rent	N/A	N/A
1 Bed Rent	$850	$863
2 Bed Rent	$1,100	$1,130
3 Bed Rent	$1,500	$1,500
4 Bed Rent	$2,200	$2,260

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$249,000	-6.0%
Listing Count	77	2.0%
Listings as % of Homes	0.8%	2.0%
Days on Market	78	10.0%

Metric	Latest Census	YoY % Change
Population	21,900	20.0%
% Under 18	25.9%	19.4%
% Seniors	11.2%	-15.2%
% WFH	5.3%	307.7%
% w/ College Degree	35.0%	30.6%

Metric	Latest Census	5-Year % Change
% White	54.5%	1.1%
% Black	37.1%	-3.9%
% Hispanic	4.5%	9.8%
% Asian	0.8%	-55.6%
% Foreign Born	2.2%	-38.9%

Metric	Zip Code Average
Total Loan Originations	232
% Conventional Loans	58.0%
% Government Loans	42.0%
% Investor Loans	6.0%
% Second Loans	1.0%
% Cash Out Refinance	7.0%

Hammond, LA—70401

Key Metrics at a Glance

Other Zip Codes in Hammond, LA

Home Price Trends — Hammond, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Hammond, LA

% of Rental Stock

Property Listings — Hammond, LA

Demographics — Hammond, LA

Race and Ethnicity

Mortgage and Risk — Hammond, LA

Mortgages

Rentals and Section 8 — Hammond, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Hammond, LA

Home Price to Income Ratio

Hammond, LA — ZIP Code Boundary Map

Nearby ZIP Codes

University Place

Hammond, LA

Tickfaw, LA

Independence, LA

Robert, LA

Frequently Asked Questions

Total Units under HUD	298
Total Units Section 8	298
% Rentals under Section 8	6.3%
% Occupied Section 8	84.8%

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$170	$850	$1,020
2 Bedroom	$50	$1,100	$1,150
3 Bedroom	-$60	$1,500	$1,440
4 Bedroom	-$280	$2,200	$1,920

Metric	Zip Code Average
Home Price to Income Ratio	4.3
Median Home Price	$216,000
Median Household Income	$51,000

Hammond, LA—70401

Key Metrics at a Glance

Other Zip Codes in Hammond, LA

Home Price Trends — Hammond, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Hammond, LA

% of Rental Stock

Property Listings — Hammond, LA

Demographics — Hammond, LA

Race and Ethnicity

Mortgage and Risk — Hammond, LA

Mortgages

Rentals and Section 8 — Hammond, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Hammond, LA

Home Price to Income Ratio

Hammond, LA — ZIP Code Boundary Map

Nearby ZIP Codes

University Place

Hammond, LA

Tickfaw, LA

Independence, LA

Robert, LA

Frequently Asked Questions

What is the average home price in Hammond, LA 70401?

How have home prices in Hammond, LA 70401 changed over the past year?

What is the home price projection for Hammond, LA 70401?

What are the demographics of Hammond, LA 70401?

How long does it take homes to sell in Hammond, LA 70401?

What is the average rent price in Hammond, LA 70401?