Home prices
Hammond's median home value is $159,300. This is approximately $25,920 (19%) higher compared to other places in this area.It is roughly $58,200 (26%) lower in comparison to the country as a whole, and is about $72,200 (31%) lower compared to the city of New Orleans.
Rents
In Hammond the median rent is $796 per month. In comparison to its surrounding areas it is approximately $47 (6%) higher.It is about $266 (25%) lower in comparison to the entire nation, and it is about $202 (20%) lower compared to the city of New Orleans.
Nearby places
Natalbany
Natalbany is Hammond's neighbor to the northwest. The housing prices there are a lot less expensive. Natalbany's median home cost is $114,800, which is $44,500 (38%) lower than Hammond. Its rents are a bit more expensive. In Natalbany the median monthly rent is $846, which comes out to $50 (5%) higher than Hammond.
Ponchatoula
Ponchatoula is Hammond's neighbor to the south. Its housing prices are pretty similar. Ponchatoula's median home cost is $152,500, which works out to $6,800 (4%) lower than Hammond. Its rents are a bit more expensive. The median monthly rent in Ponchatoula is $900, which comes out to $104 (11%) higher than Hammond.
Tickfaw
Tickfaw is roughly 5 miles north of Hammond. Its housing prices are a bit less expensive. The median home in Tickfaw is valued at $138,200, which comes out to $21,100 (15%) lower than Hammond. Its rents are fairly similar. Tickfaw's median monthly rent is $813, which is $17 (2%) higher than Hammond.
Albany
Albany is roughly 6 miles west of Hammond. The real estate prices there are a little less expensive. Albany's median home cost is $145,600, which comes out to $13,700 (9%) lower than Hammond. Its rents are substantially less expensive. The median monthly rent in Albany is $478, which comes out to $318 (66%) lower than Hammond.
Independence
Independence is approximately 10 miles north of Hammond. Real estate prices there are significantly less expensive. The median home cost in Independence is $115,800, which comes out to $43,500 (37%) lower than Hammond. Rents there are a little less expensive. In Independence the median rent is $709 per month, which works out to $87 (12%) lower than Hammond.
