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Median Home Price in Hammond, IN

The median home value in Hammond, IN is $178,835 as of 2026-07-31, up 1.1% from a year earlier.

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Median Home Value

$178,835

Year-over-Year

+1.1%

Population

75,677

Hammond ranks #76 of 87 Indiana cities tracked here by median home value, and sits 33.6% below the state's city median of $269,376. It sits in Lake County, where the county-wide median is $254,401.

Housing affordability in Hammond

Median household income in Hammond is $55,504, so the typical home value is about 3.2× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Hammond

Hammond police recorded a violent crime rate of 741 per 100,000 residents in 2024 — higher than most cities that report to the FBI. Property crime runs at 3,072 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Hammond

What is the average home price in Hammond, IN?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Hammond, that value is $178,835. That's up 1.1% from a year earlier. It is about 33.6% below the typical Indiana city tracked here.

Is Hammond expensive compared to the surrounding area?

Homes in Hammond are cheaper than Lake County as a whole, where the median is $254,401 — a difference of about 29.7%.

Is Hammond affordable?

Median household income here is $55,504, so the typical home value is about 3.2× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Hammond a safe place to live?

Hammond police reported 741 violent crimes per 100,000 residents, covering a population of about 75,677. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.