Market Intelligence Report — LA-220

Hammond, LA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-LA-08
As of the latest 2026 data
Cooling

Median Listing

$254K
-7.8% YoY

Pending Ratio

0.30
-3.1% YoY

Active Inventory

470
+8.8% YoY

Median DOM

71 Days
+8.5% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's cooling Hammond market?

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The Hammond metro area is experiencing a cooling market condition, characterized by a pending ratio of 0.30, indicating that demand absorption is moderate relative to supply. This is further evidenced by an 8.8% year-over-year increase in active listings.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

5.1%-0.4 pp YoY

Unemployment rate · Jul 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

141,346+1.0% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Hammond market right now.

Inventory growth has been a notable trend, with active listings up 8.8% year-over-year and new listings increasing by 22.2% over the past year. Concurrently, the median listing price has declined by 7.8% year-over-year to $254,450. The median days on market has lengthened to 71 days, reflecting an 8.5% increase from the prior year. The pending ratio has registered at 0.30, indicating a continued imbalance towards supply.

Historical Analysis

Market Trends

Median Price

$254K-1.8% MoM

Active Inventory

470+8.8% YoY

Days on Market

71+8.5% YoY

Sold Score™

34-3.1% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

34
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current market dynamics suggest that buyers are encountering less immediate pressure for swift decisions. Elevated inventory levels, coupled with a longer median days on market and a higher share of price reductions (24.4%), imply that negotiations may offer more latitude. Sellers may need to demonstrate greater price discipline to align with prevailing demand conditions and avoid prolonged market exposure.

Luxury Segment

The average listing price has seen a notable decline of 9.5% year-over-year to $300,689, diverging from the median listing price, which declined by 7.8% year-over-year. However, the median price per square foot remains relatively stable with a minor year-over-year decrease of 0.6%, suggesting that while higher-priced listings may be under greater pressure, the broader value per square foot remains consistent. No distinct luxury-segment signal in this dataset.

Supply Dynamics

470 active listings represent the current floor, with new supply arriving at roughly 132 per month.

Pricing Pressure
24.4%

of active listings carry a price reduction, +3.3% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -0.6% year-over-year.

Absorption
0.30

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Hammond, LA? Homes here are taking 6 days longer to sell than last year.

Buyers have leverage in Hammond, LA. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
30%
Median Days on Market
71 days
Inventory YoY
+9%

In a buyer's market, strategy beats timing. See how your home scores in Hammond, LA and what moves the number.

See my Sold Score & selling strategy

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Metro Demographics

Metro Area
Hammond, LA
CBSA Code
25220
State
LA

ZIPs in Hammond, LA

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Hammond?+

    As of the latest 2026 data, the Hammond metro is classified as Cooling. Pending ratio is 0.30 with median days on market at 71.

  • Are home prices dropping in Hammond?+

    Median listing price is $254K, -7.8% year over year. 24.4% of active listings carry a price reduction.

  • How fast are homes selling in Hammond?+

    The typical listing sits 71 days on market, a +8.5% change YoY. New listings are arriving at 132 per month.

  • What's happening in the Hammond luxury market?+

    The average listing price has seen a notable decline of 9.5% year-over-year to $300,689, diverging from the median listing price, which declined by 7.8% year-over-year. However, the median price per square foot remains relatively stable with a minor year-over-year decrease of 0.6%, suggesting that while higher-priced listings may be under greater pressure, the broader value per square foot remains consistent. No distinct luxury-segment signal in this dataset.

  • Where can I find a trusted Hammond real estate expert?+

    Primpted maintains a vetted registry of Hammond agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 25220 · 36mo history