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HAMMOND, IN 46323

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The HAMMOND, IN real estate market (46323) currently shows 40 active listings, with 14 pending sales. Homes are averaging 72 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 72 days on market compared to 75 days last year.

The median listing price has fallen 0% year-over-year, from $201,200 to $201,150.

Whether you are buying or selling in HAMMOND, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 23,447  ·  Density: 1,459.9/mi²  ·  Median household income: $57,683

Typical home value: $132,430  ·  Homeownership: 66.4%

Market Overview

Active Listings
40
⇩ 4.8% vs 42 last year
Pending
14
35% pending ratio
Median Price
$201,150
vs $201,200 last year
Average Price
$206,975
⇩ 4.3% vs $216,309 last year
Days on Market
72
⇩ 4% vs 75 days last year

Price Per Square Foot

Median $/sqft
$165
⇧ 10% vs $150/sqft last year
Median Home Size
1,279 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 40 this year vs 42 last year
  • Days on market: 72 now vs 75 last year

Median & Average Pricing

Year over Year
  • Median: $201,150 (+-0% YoY)
  • Average: $206,975 (-4.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.1 miles — 920 listings ($201,139,194 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46323Hammond, IN 463230.0 mi43$9,133,673$214,900$212,411
46324Hammond, IN 463242.5 mi39$7,980,414$197,450$204,626
46322Highland, IN 463222.9 mi50$13,365,950$249,900$267,319
46312East Chicago, IN 463124.0 mi28$4,992,400$184,900$178,300
46327Hammond, IN 463274.5 mi18$3,605,400$185,000$200,300
60438Lansing, IL 604385.3 mi144$30,962,160$211,000$215,015
46408Gary, IN 464085.3 mi52$8,174,556$165,000$157,203
46407Gary, IN 464076.4 mi56$4,764,536$66,500$85,081
46375Schererville, IN 463756.8 mi85$32,242,285$349,900$379,321
60633Chicago, IL 606337.5 mi39$9,000,693$225,500$230,787
60419Dolton, IL 604198.0 mi141$25,815,549$176,200$183,089
60425Glenwood, IL 604258.7 mi49$10,916,906$220,000$222,794
60411Chicago Heights, IL 604119.1 mi176$40,184,672$196,500$228,322

Frequently Asked Questions

How many homes are for sale in HAMMOND, IN 46323?

As of February 2026, there are 40 active listings in HAMMOND, IN (zip code 46323), compared to 42 the prior year.

What is the median home price in HAMMOND, IN 46323?

The median listing price in HAMMOND, IN 46323 is $201,150 as of February 2026, a 0% increase from $201,200 the prior year.

How long do homes stay on the market in HAMMOND, IN?

Homes in HAMMOND, IN 46323 spend an average of 72 days on the market before going under contract, compared to 75 days the prior year.

Is it a seller's or buyer's market in HAMMOND, IN 46323?

Based on current inventory and days-on-market data as of February 2026, HAMMOND, IN 46323 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 72 days on market compared to 75 days last year.

How much can I save on real estate commission in HAMMOND, IN?

With SELL123.com's maximum 3% commission, sellers in HAMMOND, IN 46323 save an estimated $4,023 compared to a typical 5% commission on the median listing price of $201,150. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.