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Today: September 22, 2025

Current Price

$124,308

1 Month Forecast

$124,887

1-Year Forecast *

$127,452

5-Year Forecast *

$149,831

"Is it a good time to buy homes in Hammond?" "Does investing in real estate in Hammond (Illinois State, Piatt County) worth it?" According to our live Forecast System, buying a house in Hammond is a not so good short-term (1-year) investment*. The Hammond average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Hammond" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Hammond in Illinois State, Piatt County. If you are looking for homes for sale with good flipping profit, Hammond can be a profitable property investment option. The median price of an average house in Hammond was 124,308 USD on 2025-09-22. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Hammond" area is 149,831 USD by 2030-09-22. For a 5-year investment the profit is expected to be around +20.53% meaning that investing 100000 USD today may yield a profit of 20,532 USD by 2030.

Current Median Listing Price: 124,308 USD Median Listing Price Per Square Foot: 69 USD

Hammond Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Hammond (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

The long-term housing forecast is based on all the available median listing price recorded up to today.

Hammond Price Target

Hammond median home price target in 12 months: $127,452* (upside of 2.5%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2024 $115,250 $124,308 $115,250 $124,308
2023 $105,810 $114,578 $105,810 $114,578
2022 $97,627 $104,395 $97,627 $104,395
2021 $91,218 $96,380 $91,218 $96,380
2020 $85,288 $91,140 $85,138 $91,787
2019 $80,227 $85,222 $80,227 $85,452
2018 $0 $79,393 $0 $79,393
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0
2011 $0 $0 $0 $0

Questions & Answers about the Hammond Housing Market Forecast

How much does an average home cost in Hammond today?

The value of an average home (the listing price) in Hammond is $124,308 USD.

What is the average price per square foot in Hammond?

According to Walletinvestor the median price per square foot in Hammond is 69 USD.

Will the median listing price of homes in Hammond grow / rise / go up?

Yes. The Hammond home prices may rise from 124,308 USD to 127,452 USD in one year.

Is it profitable to invest in Hammond homes?

Yes. The long-term profit potential is +2.53% in one year.

Will Hammond house prices fall / drop?

No. See above.

What is the predicted price of a Hammond home in 2030?

The predicted home sales price of a Hammond home in 2030 in Hammond is 149,831 USD.

What is the predicted price of a Hammond home in 2035?

The predicted home sales price of a Hammond home in 2035 in Hammond is 182,540 USD.

Will real estate prices decrease in Hammond?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Hammond is the 23101. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Piatt, Hammond increased, looking at the past 12 months.

According to Walletinvestor's Hammond real estate market research, home values will increase in the next 12 months.

Median home values increased by 1.703% to 124,308 USD, between 2024-09-22 and 2025-09-22

The average annual profit of property investment was:

  • 1.649% in 2020
  • 1.169% in 2021
  • 2.519% in 2022
  • 3.509% in 2023
  • 3.559% in 2024
  • 3.409% in 2025

Based on our Hammond real estate market research and report the predicted sales prices will increase by 28.374% in the next 10 years.

Over the last 12 months, the value of homes in Hammond fluctuated: increasing 3 times .

Hammond (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Hammond Housing Market Forecast with Real Estate Prices for 2025
January 2025 124887 114771 135002
February 2025 125262 113237 137287
March 2025 125002 117627 132377
April 2025 125108 115850 134366
May 2025 125690 119029 132352
June 2025 126275 117562 134988
July 2025 126216 117381 135051
August 2025 126327 115210 137444
September 2025 126915 120569 133260
October 2025 127505 117687 137323
November 2025 127717 120438 134997
December 2025 127452 114962 139943
Hammond Housing Market Forecast with Real Estate Prices for 2026
January 2026 127969 118883 137054
February 2026 128564 117893 139235
March 2026 129162 117408 140915
April 2026 129762 120679 138846
May 2026 130366 123196 137536
June 2026 130972 122328 139617
July 2026 131582 121055 142108
August 2026 131977 121551 142403
September 2026 132574 124354 140793
October 2026 133190 123334 143047
November 2026 133810 122302 145318
December 2026 133900 124259 143540
Hammond Housing Market Forecast with Real Estate Prices for 2027
January 2027 134282 126762 141802
February 2027 134565 122454 146675
March 2027 135191 122888 147493
April 2027 135819 127534 144104
May 2027 136451 125262 147640
June 2027 137086 124885 149286
July 2027 136801 127088 146514
August 2027 137438 129604 145272
September 2027 138077 129102 147052
October 2027 138719 128315 149123
November 2027 139364 127518 151210
December 2027 140012 132452 147573
Hammond Housing Market Forecast with Real Estate Prices for 2028
January 2028 140499 130804 150193
February 2028 141152 127461 154844
March 2028 141621 131991 151251
April 2028 142280 133032 151528
May 2028 142942 129791 156092
June 2028 143606 135564 151648
July 2028 144274 133021 155528
August 2028 144945 135089 154802
September 2028 145089 132031 158147
October 2028 144788 132337 157240
November 2028 144994 135135 154854
December 2028 144880 136187 153573
Hammond Housing Market Forecast with Real Estate Prices for 2029
January 2029 145554 138276 152832
February 2029 146231 136580 155882
March 2029 146754 134427 159081
April 2029 147437 135347 159527
May 2029 147880 139598 156161
June 2029 147573 139604 155542
July 2029 147698 135883 159514
August 2029 148385 140966 155805
September 2029 149076 139833 158318
October 2029 149006 140512 157499
November 2029 149137 139891 158384
December 2029 149831 135447 164215
Hammond Housing Market Forecast with Real Estate Prices for 2030
January 2030 150528 138937 162118
February 2030 150779 141732 159825
March 2030 150466 142341 158591
April 2030 151075 142615 159535
May 2030 151778 143582 159974
June 2030 152484 142725 162243
July 2030 153193 140018 166368
August 2030 153905 141747 166064
September 2030 154621 141633 167609
October 2030 155340 141515 169166
November 2030 155807 141317 170298
December 2030 156512 145556 167468
Hammond Housing Market Forecast with Real Estate Prices for 2031
January 2031 157240 141516 172964
February 2031 157971 145965 169977
March 2031 158077 144641 171514
April 2031 158529 145212 171845
May 2031 158862 147424 170300
June 2031 159601 145875 173327
July 2031 160343 147035 173652
August 2031 161089 147074 175104
September 2031 161838 147597 176080
October 2031 161503 152782 170224
November 2031 162254 151707 172800
December 2031 163009 150620 175397
Hammond Housing Market Forecast with Real Estate Prices for 2032
January 2032 163767 147390 180143
February 2032 164528 151037 178020
March 2032 165294 150583 180005
April 2032 165868 149447 182289
May 2032 166639 150142 183137
June 2032 167193 153985 180401
July 2032 167970 158396 177545
August 2032 168752 159977 177527
September 2032 169537 153261 185812
October 2032 170325 154655 185995
November 2032 171117 155203 187031
December 2032 171287 155700 186874

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.