Hammond, LA Foreclosures
How much do homes sell for in Hammond, LA?
The average home price is currently $219,721.
In Hammond, LA, how many homes are available?
There are currently 31 active home listings available in Hammond.
What’s the average rental cost in Hammond, LA?
The average rental price in Hammond is $1,273.
What is the most expensive home in Hammond?
The most expensive home sold in Hammond had a price of $8,338,581.
What is currently the cheapest priced home in Hammond, LA?
The cheapest home for sale in Hammond is priced at $10,084.
Living in Hammond, LA
Hammond, LA, is a historical city known for its strong sense of community and vibrant culture. It offers a blend of local charm and accessibility to larger urban areas, making it an attractive place for both families and students. With a variety of recreational activities available, residents enjoy a balanced lifestyle enriched by nature and the arts.
Current Market Conditions in Hammond, LA
The real estate market in Hammond, LA, shows signs of steady growth, with increasing interest from new homebuyers. The variety of housing options, from historic homes to modern builds, appeals to a diverse demographic. As the city continues to develop its infrastructure and community amenities, more buyers are being drawn to the area, leading to a competitive market.
Prices in Hammond have been relatively stable, with slight increases observed, reflecting the demand for residential properties. As interest rates fluctuate, potential buyers are encouraged to act quickly to secure favorable mortgage rates before any increases. Overall, Hammond's real estate market remains strong as investment opportunities continue to grow.
Home Value Estimator For Hammond, LA
There are currently 13,667 real estate properties
in Hammond, LA,
with a median automated valuation model (AVM) price
of $201,842.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hammond, LA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Hammond, LA,
is $219,721.00, with the most expensive house
in Hammond, LA, topping out
at $8,338,581.00 and the cheapest home
in Hammond, LA,
clocking in at $10,084.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hammond, LA!
Rent Prices
In Hammond, LA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hammond, LA, is on
a rollercoaster ride. The
average rent price in Hammond, LA,
is $1,273.00. Indeed, when looking to rent in
Hammond, LA, you can expect to pay as little
as $690.00 or as much
as $2,800.00,
with the average rent median estimated to
be $1,260.00. The good news is that finding
an affordable and desirable property to rent in Hammond, LA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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