Market Intelligence · IN / Hammond

Hammond, IN 46323 Housing Market

Typical home value in Hammond, IN 46323 is $191,533, up 1.7% over the past year. The median list price sits at $205,000, with homes spending a median of 34 days on market as of August 2026.

Updated August 2026Median value$191K

The median home value in Hammond, IN 46323 is $191K as of August 2026, up 1.7% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 46323 range

$175K to $206K

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

+1.7% over 12 months

Typical home value in 46323 over the last 12 months: $187K in Aug 2025 to $191K in Aug 2026 (+1.7%).

Aug 2025$187K

Aug 2026$191K

The numbers

What is the 46323 housing market like?

Typical home value

$191K

Up1.7%YoY

Median list price

$205K

Up2.8%MoM

Days on market

34

Down10.5%MoM

Homes for sale

26

Up23.8%MoM

Price cuts

20.0%

Up23.9%MoM

New listings

20

Down33.3%MoM

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

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The comparison

How do 46323 home prices compare?

  • 46323$190,656
  • Hammond$173,734
  • Indiana$237,708
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Hammond: 4 ZIPs; Indiana: 697 ZIPs; United States: 26,265 ZIPs).

Context

Hammond's housing market shows modest activity with 26 homes currently for sale and 20 new listings as of August 2026. The median list price of $205,000 remains above the typical home value of $191,533. Homes are taking 34 days to sell on average. One in five listings have seen a price cut, suggesting some sellers are adjusting expectations. For current homeowners, this slower pace means patience may be required to find the right buyer.

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