Comprehensive market data and analysis• Updated Dec 2025
60.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 3 | 11 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 3 | 11 |
Acreage buckets
The median price for land in Hammond, Indiana is currently $70K per acre. For a typical parcel, the median sale price is $8K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $600 while premium lots reached $20K.
Hammond, Indiana is currently a strong buyer's market with 60.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Hammond, Indiana currently has 60.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The current absorption rate in Hammond, Indiana is 1.7% (3-month basis), indicating slow demand. The top-performing broker in this market is McColly Real Estate.
There are currently 20 active listings in Hammond, Indiana. 5 new listings have hit the market in the last 90 days. The median asking price is $26K.
Land in Hammond, Indiana typically sells within 131 days of listing. The median time on market is 63 days. Properties are moving slowly in the current strong buyer's market.
Over the past 12 months, Hammond, Indiana saw 11 properties sold, totaling $115K in sales volume. In just the last 3 months, 1 properties changed hands.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
