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Market Intelligence · IN / Hammond

Hammond, IN 46327 Housing Market

The typical home in Hammond's 46327 ZIP code is worth $156,164 as of September 2026, down 3.2% over the past year. The median list price is $178,725, and homes are spending a median of 40 days on the market.

Updated September 2026Median value$156K

The median home value in Hammond, IN 46327 is $156K as of September 2026, down 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 46327 range

$144K to $169K

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 46327 over the last 12 months: $161K in Sep 2025 to $156K in Sep 2026 (-3.2%).

Sep 2025$161K

Sep 2026$156K

The numbers

What is the 46327 housing market like?

Typical home value

$156K

Down3.2%YoY

Median list price

$179K

Up5.1%MoM

Days on market

40

Up11.1%MoM

Homes for sale

13

Up44.4%MoM

Price cuts

55.5%

Up170.5%MoM

New listings

6

Down25.0%MoM

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

The outlook

46327 housing market forecast 2027

+3.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 46327 to rise 3.0% by September 2027.

Over the 12 months through September 2026, typical home values in 46327 fell 3.2%, per the Zillow Home Value Index.

Will home prices drop in 46327?

Zillow's forecast does not call for a drop: it expects typical home values in 46327 to rise 3.0% by September 2027, after a 3.2% decline 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 46327 home prices compare?

  • 46327$156,164
  • 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

There were 13 homes for sale in 46327 as of September 2026, with 6 new listings coming on that month. The typical home value sits at $156,164, down 3.2% over the past year, while the median list price is $178,725. Homes are moving at a measured pace, with a median of 40 days on market. Notably, 55.5% of active listings have taken a price cut, which suggests sellers are testing prices above what buyers will pay. If you are selling, pricing right from the start matters more than it did a year ago.

Monthly payment

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20% · $31,233

Common questions

What people ask us.

How much is a home in 46327 worth?

The typical home value in 46327 is $156,164 as of September 2026, down 3.2% over the past year.

How long does it take to sell a home in 46327?

Homes in 46327 spent a median of 40 days on the market as of September 2026.

Are sellers cutting prices in 46327?

Yes. As of September 2026, 55.5% of active listings had a price cut, with 13 homes for sale and a median list price of $178,725.

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