Hammond, LA—70403

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$229,000

1.4% YoY Growth

Household Income

$50,500

10.1% YoY Growth

Days on Market

12.0% Shorter YoY

Home Price Forecast

-3.5%

Median Rent

$1,390

8.3% YoY Growth

1-Bed Rent

$900

5.5% YoY Growth

2-Bed Rent

$1,200

1.7% YoY Growth

3-Bed Rent

$1,600

5.9% YoY Growth

Other Zip Codes in Hammond, LA

70401

Home Price Trends — Hammond, LA

As of May '26, the median home price in Hammond, LA is $229,000, with a year-over-year change of 1.4%. This indicates that home prices in Hammond, LA are increasing. According to Zillow, the 1-year price projection is -3.5%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$229,000	1.4%
Single Family	$231,000	1.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Type	Median Rent	Average Rent
Average Rent	$1,390	$1,430
Studio Rent	N/A	N/A
1 Bed Rent	$900	$946
2 Bed Rent	$1,200	$1,180
3 Bed Rent	$1,600	$1,610
4 Bed Rent	$1,850	$2,140

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$265,000	-17.0%
Listing Count	135	18.0%
Listings as % of Homes	0.7%	18.0%
Days on Market	60	-12.0%

Metric	Latest Census	YoY % Change
Population	30,800	-1.2%
% Under 18	25.0%	-5.7%
% Seniors	13.9%	11.2%
% WFH	5.3%	47.2%
% w/ College Degree	24.1%	17.6%

Metric	Latest Census	5-Year % Change
% White	54.8%	-1.4%
% Black	36.8%	3.4%
% Hispanic	6.0%	13.2%
% Asian	0.5%	-54.5%
% Foreign Born	2.8%	7.7%

Metric	Zip Code Average
Total Loan Originations	385
% Conventional Loans	60.0%
% Government Loans	40.0%
% Investor Loans	6.0%
% Second Loans	1.0%
% Cash Out Refinance	10.0%

Hammond, LA—70403

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

Albany, LA

Ponchatoula, LA

Frequently Asked Questions

Total Units under HUD	332
Total Units Section 8	312
% Rentals under Section 8	9.1%
% Occupied Section 8	91.4%

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$120	$900	$1,020
2 Bedroom	-$50	$1,200	$1,150
3 Bedroom	-$160	$1,600	$1,440
4 Bedroom	$70	$1,850	$1,920

Metric	Zip Code Average
Home Price to Income Ratio	4.7
Median Home Price	$229,000
Median Household Income	$50,500

Hammond, LA—70403

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

Albany, LA

Ponchatoula, LA

Frequently Asked Questions

What is the average home price in Hammond, LA 70403?

How have home prices in Hammond, LA 70403 changed over the past year?

What is the home price projection for Hammond, LA 70403?

What are the demographics of Hammond, LA 70403?

How long does it take homes to sell in Hammond, LA 70403?

What is the average rent price in Hammond, LA 70403?