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Market Intelligence · IN / Hammond

Hammond, IN 46320 Housing Market

The typical home in Hammond's 46320 ZIP code is worth $144,747, up 3.2% over the past year as of September 2026. Sellers are listing at a median of $249,500, and homes are spending a median of 48 days on the market.

Updated September 2026Median value$145K

The median home value in Hammond, IN 46320 is $145K as of September 2026, up 3.2% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 46320 range

$133K to $156K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+3.2% over 12 months

Typical home value in 46320 over the last 12 months: $140K in Sep 2025 to $145K in Sep 2026 (+3.2%).

Sep 2025$140K

Sep 2026$145K

The numbers

What is the 46320 housing market like?

Typical home value

$145K

Up3.2%YoY

Median list price

$250K

Up1.8%MoM

Days on market

48

Down18.6%MoM

Homes for sale

18

Up28.6%MoM

Price cuts

30.8%

New listings

4

Flat0.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

46320 housing market forecast 2027

+3.8%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 46320 to rise 3.8% by September 2027.

Over the 12 months through September 2026, typical home values in 46320 rose 3.2%, per the Zillow Home Value Index.

Will home prices drop in 46320?

Zillow's forecast does not call for a drop: it expects typical home values in 46320 to rise 3.8% by September 2027, after a 3.2% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 46320 home prices compare?

  • 46320$144,747
  • Hammond$170,125
  • Indiana$233,780
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Hammond: 4 ZIPs; Indiana: 697 ZIPs; United States: 26,262 ZIPs).

Context

Values in 46320 have risen 3.2% over the past year, bringing the typical home to $144,747 as of September 2026. Buyers currently have 18 homes to choose from, with 4 new listings added in September 2026. The median list price sits at $249,500, and homes take a median of 48 days to go under contract. Notably, 30.8% of listings have taken a price cut, which suggests some sellers are starting too high. For anyone thinking about selling, pricing realistically from day one matters more than chasing the top of the market.

Monthly payment

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20% · $28,949

Common questions

What people ask us.

How much is a home in 46320 worth?

The typical home in 46320 is worth $144,747 as of September 2026, up 3.2% over the past year.

How long does it take to sell a home in 46320?

Homes in 46320 spend a median of 48 days on the market as of September 2026.

How many homes are for sale in 46320?

There are 18 homes for sale in 46320 as of September 2026, with 4 new listings added that month.

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