$89,900
Land
Listing Office: Timber Ghost Realty, LLC
Is Hammond, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Hammond was a Seller's Market.
Key Takeaway
Hammond is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hammond, WI
How much do homes in Hammond, WI cost?
Median Sold Price
$379,079
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,079(+3.9%)
Key Takeaway
Homes in Hammond have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in Hammond was $379,079 in October 2024, up 3.9% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $157K | N/A |
| 2 Bedrooms | $397.5K | $257K | -35.3% |
| 3 Bedrooms | $309.9K | $340K | +9.7% |
| 4 Bedrooms | $477.2K | $425K | -10.9% |
| 5+ Bedrooms | $440K | $460.5K | +4.7% |
Summary: Hammond housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 35.3%, 3 bedroom homes increased by 9.7%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes increased by 4.7%.
Housing Supply in Hammond, WI
How many homes are available in Hammond, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 42 | +16.7% |
Summary: The Hammond real estate market had 42 homes for sale in October 2024, a 16.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 14 | 15 | +7.1% |
| 4 Bedrooms | 11 | 15 | +36.4% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Hammond 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 25%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hammond, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Hammond in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Hammond, WI
How long does it take to sell a home in Hammond, WI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 50 Days | 21 Days | -58.6% |
Summary: Homes in Hammond had an average of 21 days on market in Oct 2024, down by 58.6% compared to last year.
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
Key Takeaway
Many homes in Hammond are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Hammond; 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.
