Hammond, NY—13646
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hammond, NY
As of Oct '25, the median home price in Hammond, NY is $172,000, with a year-over-year change of 4.4%. This indicates that home prices in Hammond, NY are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $172,000 | 4.4% |
| Single Family | $171,000 | 4.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $165,000 | 3.8% |
3 Bed | $201,000 | 3.1% |
4 Bed | $206,000 | 3.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hammond, NY
As of July '25, Rentcast reports the average rent in Hammond, NY is $1,000, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Hammond, NY is 3-bedrooms: $1,000. The most common rental property sizes in Hammond, NY are 3-bedroom and 2-bedroom, accounting for 39.6% and 21.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,000 | $1,000 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hammond, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Hammond, NY is 87. This is a increase of 3.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $305,000 | -3.0% |
Listing Count | 33 | 24.0% |
| Listings as % of Homes | 0.5% | 24.0% |
Days on Market | 87 | 3.0% |
Demographics — Hammond, NY
As of the latest ACS Survey released in 2023, Hammond, NY has a population of 2,370, which has increased by 16.9% over the past 5 years. Hammond, NY is a popular place for families, as children make up 25.9% of the population. The area has a moderately educated workforce, with 27.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,370 | 16.9% |
% Under 18 | 25.9% | 41.5% |
% Seniors | 18.6% | -11.8% |
% WFH | 10.4% | 40.5% |
% w/ College Degree | 27.0% | 63.6% |
As of the latest ACS Survey released in 2023, Hammond, NY is a predominantly white area, with 95.4% of the population identifying as white. The white population has shrunk by 0.6% in the last 5 years. The second most common race or ethnicity in Hammond, NY is hispanic, making up 1.6% of the population. Foreign-born residents account for 2.3% of the population in Hammond, NY, and this percentage has increased by 21.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.4% | -0.6% |
% Black | 0.3% | -57.1% |
% Hispanic | 1.6% | 128.6% |
% Asian | 0.2% | -60.0% |
% Foreign Born | 2.3% | 21.1% |
Mortgage and Risk — Hammond, NY
According to HUD data as of 2023, there were 48 mortgage originations in Hammond, NY, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Hammond, NY. Investor activity is low, as 2.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 48 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 2.0% |
% Second Loans | 17.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Hammond, NY
Hammond, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 2.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $940 |
| 2 Bedroom | N/A | N/A | $1,230 |
| 3 Bedroom | $660 | $1,000 | $1,660 |
| 4 Bedroom | N/A | N/A | $2,010 |
Affordability — Hammond, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $172,000 |
| Median Household Income | $67,300 |