Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hammond area can be challenging. Home prices in Hammond are now at a median cost of $130,995, lower than the New York average of $481,023.
The average cost of rent is $786/mo in Hammond, primarily driven by the current value of real estate in the Hammond area. While nearly 55.62% of residents own their homes outright in Hammond, 17.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hammond is $3,922 per month. Households that rent pay about 20.05% of their income on rent here. Hammond's most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Oak Point, NY: higher priced homes
- Brier Hill, NY: higher priced homes
- Ruby Corner, NY: less expensive homes
- Chippewa Bay, NY: higher priced homes
- Morristown, NY: higher priced homes
- Rossie, NY: less expensive homes
- Elmdale, NY: higher priced homes
- DePeyster, NY: equally priced homes
- Little Bow, NY: higher priced homes
- Pope Mills, NY: less expensive homes
Cities with Similar Populations
- Pope, MS: less expensive homes
- Thomas, OK: equally priced homes
- Teals Crossroads, AL: less expensive homes
- Tanner, AL: higher priced homes
- Sweden Center, NY: higher priced homes
- Swanville, MN: higher priced homes
- Sudlersville, MD: higher priced homes
- Springwood, NC: higher priced homes
- Shults, OK: less expensive homes
- Searles Valley, CA: less expensive homes
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