The story of this market
The typical home in ZIP 70401 sells for about $214,000, or $119 per square foot.
Prices are up +1.1% from a year ago, so sellers still have some momentum. Homes take about 64 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,200 a month.
ZIP 70401 — Hammond
The Hammond housing market is currently characterized as somewhat competitive with a median sale price of $214,000. Market activity shows a slight year-over-year price increase of 1.1% and a reduction in time on market, indicating steady demand despite broader economic challenges in the region.
This area is suitable for budget-conscious family buyers and commuters seeking accessible entry points into the housing market.
Median prices moved up 1.1% year over year.
Homes spend a median of 64 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 28.9% — a mixed stability profile.
ZCTA 70401, Hammond, LA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The mean travel time to work for residents is approximately 21 minutes.
The rental market reflects steady demand with a median asking rent of $1,200 per month.
The local economy is anchored by the Hammond metro area, with per capita income levels significantly lower than state and national averages.
Data sourced from Census Reporter and Redfin market reports.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.