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

$215,750

$104/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$37,750(+21.2%)

Key Takeaway

Homes in Hammond Township have sold for 21.2% more than they did a month ago.

Summary: The median home sold price in Hammond Township was $215,750 in December 2024, up 21.2% from last month, and the median price per square foot was $104.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $178K$193.5K
+8.7%
4 -$238K
N/A
5+ --
N/A

Summary: Hammond Township housing prices by bedroom type for December 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 8.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Hammond Township, IN

How many homes are available in Hammond Township, IN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
54-20.0%

Summary: The Hammond Township real estate market had 4 homes for sale in December 2024, a 20.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 21
-50.0%
4 11
0.0%
5+ 00
0.0%

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

Number of Homes Sold

Nov 2024Dec 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 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, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Hammond Township in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Hammond Township, IN

How long does it take to sell a home in Hammond Township, IN?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hammond Township are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 2 homes were sold in Hammond Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 8 Days Ago

Newest Listings in Hammond Township, IN

Nearby Markets to Hammond Township, IN

What housing markets are near Hammond Township, IN?