Median home value: $167K (+0.8% YoY). Rent: $1,454/mo. Price-to-rent: 9.6x. Part of Chicago-Naperville-Elgin, IL-IN-WI.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Chicago-Naperville-Elgin, IL-IN-WI metro page.
Home Value$166,813
+0.8%
Rent$1,454/mo
AFFORDABILITYBuying $402/mo cheaper ($1,454 rent)6.00% 30yr, 20% down, county tax + IN ins. 28% per HUD.
Enter your income for Hammond.
$33,363 on $166,813
Affordable — 16.8% of income
Under the 28% guideline.
PITI$1,052
P/I16.8%
Afford$277K
Room+$111K
P&I $800Tax $118Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing