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Single-Family Properties in Hammond, IN

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Find, analyze, and compare Hammond, IN single-family investment properties, including off-market opportunities and single-family homes with value-add potential. Hammond offers a diverse housing market of townhouses and single-family residences (SFRs) with opportunities for long-term rentals (LTRs). Single-family home housing market trends indicate that Hammond could be a good market for investors, where undervalued properties could provide opportunities for passive rental income or long-term appreciation. Property Intel by Whitepages makes it easy to uncover off-market single-family properties in Hammond, Indiana, compare city and neighborhood benchmarks, and access owner contact information to help you find the best townhouses and single-family homes for your investment strategy.

In Hammond, the median property value currently stands at $175,654, reflecting a 4.07% year-over-year increase based on recent sales. The 5-year appreciation forecast estimates values reaching $250,920 (a 0.02% gain). The housing market includes a total of 26,607 houses.The median home in Hammond has 1,206 square feet of living space, priced at a median of $150 per square foot with a median year built of 1947. For long-term rental properties in Hammond, the median annual gross rental income is $21,000 (or $1,750/month) with estimated operating expenses of $5,721, resulting in an approximate gross cap rate of 8.61%.

Property Intel by Whitepages helps investors and homeowners explore the Hammond area by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps. These tools support research into investment properties, including foreclosure data and off-market listings in Hammond, IN.

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Housing Market Trends & Statistics for Hammond, Indiana

Median Property Value
$175,654
Total number of Properties
26,607
Median Living Space
1,206 sq ft
Median Year Built
1947 (78 years)
5-Year Appreciation Forecast
$250,920
Median Lot Size
5,980 sq ft
Average Ownership
1 year 3 months
for Hammond, IN
  • Est. Rental Income
    $21,000 ($1,750 per month)
  • Net Operating Income
    $15,279 ($1,273 per month)
  • Cap Rate
    8.61%

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