Is Hammond Township, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hammond Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Hammond Township has remained a Seller's Market.

Key Takeaway

Hammond Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Hammond Township, IN

How much do homes in Hammond Township, IN cost?

Median Sold Price

$245,000

$122/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$217,000(+775.0%)

Key Takeaway

Homes in Hammond Township have sold for 775% more than they did a month ago.

Summary: The median home sold price in Hammond Township was $245,000 in October 2024, up 775% from last month, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $235K$245K
+4.3%
4 $28K-
N/A
5+ --
N/A

Summary: Hammond Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 4.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Grandview
+1096.4%
Hammond Township
+775.0%

Housing Supply in Hammond Township, IN

How many homes are available in Hammond Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
98-11.1%

Summary: The Hammond Township real estate market had 8 homes for sale in October 2024, a 11.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 55
0.0%
4 20
-100.0%
5+ 00
0.0%

Summary: The Hammond Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hammond Township, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Hammond Township in October 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Hammond Township, IN

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Hammond Township, IN

Nearby Markets to Hammond Township, IN

What housing markets are near Hammond Township, IN?