Current Price

$165,136

1 Month Forecast

â–² $178,159

1-Year Forecast *

â–² $189,081

5-Year Forecast *

â–² $223,124

"Is it a good time to buy homes in Hammond?" "Does investing in real estate in Hammond (Indiana State, Lake County) worth it?" According to our live Forecast System, buying a house in Hammond is a 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 Indiana State, Lake 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 165,136 USD on 2026-02-15. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Hammond" area is 223,124 USD by 2031-02-15. For a 5-year investment the profit is expected to be around +35.11% meaning that investing 100000 USD today may yield a profit of 35,115 USD by 2031.

Current Median Listing Price: 165,136 USD Median Listing Price Per Square Foot: 92 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 (Indiana State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

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: $189,081* (upside of 14.5%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $176,992 $176,865 $176,807 $177,221
2024 $157,945 $165,136 $157,945 $165,875
2023 $149,631 $157,385 $149,631 $157,385
2022 $136,936 $149,699 $136,936 $149,699
2021 $117,477 $134,849 $117,477 $134,849
2020 $104,045 $115,256 $104,045 $115,256
2019 $92,997 $103,073 $92,997 $103,073
2018 $80,443 $91,392 $80,443 $91,392
2017 $72,347 $79,858 $72,347 $79,858
2016 $67,800 $72,011 $67,800 $72,011
2015 $64,625 $67,238 $64,378 $67,238
2014 $60,958 $64,275 $60,958 $64,275
2013 $59,703 $61,063 $58,069 $61,063
2012 $55,390 $59,649 $55,239 $59,649

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 $165,136 USD.

What is the average price per square foot in Hammond?

According to Walletinvestor the median price per square foot in Hammond is 92 USD.

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

Yes. The Hammond home prices may rise from 165,136 USD to 189,081 USD in one year.

Is it profitable to invest in Hammond homes?

Yes. The long-term profit potential is +14.50% 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 214,960 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 264,285 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 787. largest city in the United States, located in Indiana State.

During the last 12 months the real estate prices in Lake, Hammond decreased, 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 decreased by 6.774% to 165,136 USD, between 2025-02-15 and 2026-02-15

The average annual profit of property investment was:

  • 15.840% in 2021
  • 16.030% in 2022
  • 15.330% in 2023
  • 16.190% in 2024
  • 14.180% in 2025
  • 15.950% in 2026

Based on our Hammond real estate market research and report the predicted sales prices will increase by 287.308% in the next 10 years.

Over the last 12 months, the value of homes in Hammond fluctuated: increasing 2 times and decreasing 3 times.

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

Below you will find the price predictions for 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
August 2025 178159 163371 192946
September 2025 179462 166899 192024
October 2025 180774 171555 189994
November 2025 182096 170989 193204
December 2025 183428 170772 196085
Hammond Housing Market Forecast with Real Estate Prices for 2026
January 2026 184302 169557 199046
February 2026 183864 169154 198573
March 2026 183876 170269 197483
April 2026 184992 171858 198127
May 2026 186346 172370 200321
June 2026 187708 173255 202162
July 2026 189081 174522 203641
August 2026 190464 179227 201702
September 2026 191857 176125 207590
October 2026 193261 180312 206209
November 2026 194674 183578 205771
December 2026 195869 184704 207033
Hammond Housing Market Forecast with Real Estate Prices for 2027
January 2027 196152 176537 215767
February 2027 196026 182304 209748
March 2027 195883 182759 209007
April 2027 196096 185703 206489
May 2027 196269 185866 206671
June 2027 196179 176757 215601
July 2027 196596 186176 207015
August 2027 197434 180454 214413
September 2027 198773 183269 214277
October 2027 199906 187711 212100
November 2027 200922 189469 212374
December 2027 201907 182726 221088
Hammond Housing Market Forecast with Real Estate Prices for 2028
January 2028 203149 187913 218385
February 2028 204397 190498 218296
March 2028 205404 188561 222247
April 2028 206019 192628 219411
May 2028 206346 195822 216869
June 2028 207079 190720 223439
July 2028 208594 194827 222361
August 2028 210120 194571 225668
September 2028 211656 194089 229224
October 2028 213204 193803 232606
November 2028 214179 197901 230457
December 2028 213952 198120 229785
Hammond Housing Market Forecast with Real Estate Prices for 2029
January 2029 213410 197617 229202
February 2029 213058 200275 225842
March 2029 212987 192540 233433
April 2029 213198 201259 225137
May 2029 213226 199153 227299
June 2029 214785 193951 235619
July 2029 214960 201417 228502
August 2029 215063 198934 231193
September 2029 214913 203308 226519
October 2029 214658 196626 232689
November 2029 214561 201687 227434
December 2029 214631 197246 232016
Hammond Housing Market Forecast with Real Estate Prices for 2030
January 2030 216201 199337 233065
February 2030 217782 205151 230414
March 2030 219375 202483 236267
April 2030 220980 201975 239984
May 2030 222596 211021 234171
June 2030 223656 205763 241548
July 2030 223124 206613 239635
August 2030 223139 211536 234743
September 2030 224494 208106 240882
October 2030 226136 211663 240609
November 2030 227790 209111 246469
December 2030 229456 213624 245288
Hammond Housing Market Forecast with Real Estate Prices for 2031
January 2031 231134 215417 246851
February 2031 232825 219088 246561
March 2031 234528 222098 246958
April 2031 236243 217344 255142
May 2031 237693 219391 255995
June 2031 238036 214233 261840
July 2031 237884 222897 252870
August 2031 237710 216554 258866
September 2031 237968 219169 256767
October 2031 238178 223411 252945
November 2031 238069 223071 253068
December 2031 238575 220204 256945
Hammond Housing Market Forecast with Real Estate Prices for 2032
January 2032 239592 220664 258520
February 2032 241217 217337 265098
March 2032 242591 230462 254721
April 2032 243825 228708 258942
May 2032 245020 224438 265602
June 2032 246527 230996 262059
July 2032 248042 226958 269125

> 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.