46324, Hammond, IN

Hammond, Indiana is located in the northwest corner of the state and has a population of just over 20,000. The 46324 zip code covers most of Hammond and has a median home value of $101,500. Home values in this zip code have increased by an average of 6% annually over the past five years.

The majority of homes in this zip code are owner-occupied. There are also a number of rental properties in the area, but they make up a relatively small percentage of all homes. The average household size is 2.6 people and there are only about 100 single-family homes for sale in the zip code.

The primary industries in Hammond include manufacturing (particularly automotive) and agriculture. However, there has been some growth in other sectors such as health care and information technology over the past few years. This suggests that there is potential for further economic growth in Hammond if businesses start to locate here more frequently.

Overall, home prices appear to be stable or increasing modestly across most neighborhoods within this zip code. This indicates that buyers who are looking for good value can find it here, even though there may not be many new listings available at any given time.