HAMMOND Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Hammond averaged
6.86%
for the week of 2024-04-18, compared to the national average of
7.1% for the same period.
The average rate for the prior week (2024-04-11) was
6.64% and
one month ago for the week of 2024-03-14, the
average rate was 6.5%.
Hammond's average rate one year ago was 6.03%.
For refis of the same type during the week of 2024-04-18, the average rate
was 7.1%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-04-18 | 7.1% |
| Hammond 30 Year Fixed Rate | 2024-04-18 | 6.86% |
| Hammond 30 Year Fixed Rate Refi | 2024-04-18 | 7.1% |
| Hammond 15 Year Fixed Rate | 2024-04-18 | 6.39% |
| Hammond 15 Year Fixed Rate Refi | 2024-04-18 | 6.39% |
| Hammond 30 Year FHA | 2024-04-18 | 6.78% |
| Hammond 30 Year FHA Refi | 2024-04-18 | 6.86% |
| Hammond 30 Year USDA | 2024-04-18 | 6.25% |
| Hammond 30 Year USDA Refi | 2024-04-18 | 7.06% |
| Hammond 30 Year VA | 2024-04-18 | 6.63% |
| Hammond 30 Year VA Refi | 2024-04-18 | 6.56% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within HAMMOND, LA.
HAMMOND Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the HAMMOND, LA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
HAMMOND Average Closing Costs & Other Stats
HAMMOND, LA's 79 lenders originated 2,010
loans during 2023. The total origination value was $451,620,000, with an average loan value of
$224,687.
HAMMOND's average closing costs are $5,380.
The top HAMMOND lender as defined by loan originations is DSLD MORTGAGE, LLC, with
83 loans originated. Their average total fees are
$1,089, which is $3,876
lower than the next largest lender,
GMFS LLC.
The lowest fee HAMMOND lenders (with over 10 loans originated) are
DSLD MORTGAGE, LLC ($1,089), Hancock Whitney Bank ($3,745), JPMorgan Chase Bank ($4,315), GMFS LLC ($4,966) and MOVEMENT MORTGAGE, LLC ($5,325).
The lowest rate HAMMOND lenders (with over 10 loans originated) are
DSLD MORTGAGE, LLC (6.51%), Gulf Coast Bank and Trust Company (6.53%), JPMorgan Chase Bank (6.56%), MOVEMENT MORTGAGE, LLC (6.62%) and GMFS LLC (6.66%).
HAMMOND, LA Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
|---|---|---|---|---|
| DSLD MORTGAGE, LLC | $29,930,000 | $38,345,000 | 28.1% | 8.5% |
| GMFS LLC | $55,375,000 | $29,790,000 | -46.2% | 6.6% |
| Gulf Coast Bank and Trust Company | $35,870,000 | $24,600,000 | -31.4% | 5.4% |
| First Guaranty Bank | $23,900,000 | $21,830,000 | -8.7% | 4.8% |
| ORIX REAL ESTATE CAPITAL, LLC | $1,695,000 | $20,895,000 | 1,132.7% | 4.6% |
| BankPlus | $5,205,000 | $17,975,000 | 245.3% | 4.0% |
| UNITED WHOLESALE MORTGAGE, LLC | $23,710,000 | $17,720,000 | -25.3% | 3.9% |
| MOVEMENT MORTGAGE, LLC | $24,785,000 | $17,385,000 | -29.9% | 3.8% |
| QUICKEN LOANS, LLC | $23,965,000 | $15,715,000 | -34.4% | 3.5% |
| Hancock Whitney Bank | $17,830,000 | $12,660,000 | -29.0% | 2.8% |
| DHI MORTGAGE COMPANY, LTD. | $10,305,000 | $9,295,000 | -9.8% | 2.1% |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $8,725,000 | $8,455,000 | -3.1% | 1.9% |
| FIDELITY BANK | $10,500,000 | $8,125,000 | -22.6% | 1.8% |
| Regions Bank | $8,885,000 | $7,665,000 | -13.7% | 1.7% |
| CARDINAL FINANCIAL | $9,715,000 | $7,430,000 | -23.5% | 1.6% |
| FREEDOM MORTGAGE CORPORATION | $7,705,000 | $7,000,000 | -9.1% | 1.5% |
| MID AMERICA MORTGAGE, INC. | $10,590,000 | $6,465,000 | -39.0% | 1.4% |
| First American Bank and Trust | $18,715,000 | $6,325,000 | -66.2% | 1.4% |
| CROSSCOUNTRY MORTGAGE, LLC | $4,470,000 | $6,005,000 | 34.3% | 1.3% |
| Mortgage Research Center, LLC | $8,760,000 | $5,815,000 | -33.6% | 1.3% |
| NEWREZ LLC | $5,355,000 | $5,720,000 | 6.8% | 1.3% |
| Arbor Realty Trust, Inc. | $5,245,000 | n/a | 1.2% | |
| Citizens Bank & Trust Co | $4,785,000 | n/a | 1.1% | |
| 21ST MORTGAGE CORPORATION | $6,035,000 | $4,600,000 | -23.8% | 1.0% |
| The First, A National Banking Association | $14,070,000 | $4,555,000 | -67.6% | 1.0% |
| LENDINGONE, LLC | $4,450,000 | n/a | 1.0% | |
| Cedar Rapids Bank and Trust Company | $4,275,000 | n/a | 0.9% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $5,135,000 | $4,070,000 | -20.7% | 0.9% |
| Citizens Savings Bank | $4,415,000 | $3,785,000 | -14.3% | 0.8% |
| Assurance Financial Group, L.L.C. | $5,500,000 | $3,695,000 | -32.8% | 0.8% |
| SUN WEST MORTGAGE COMPANY, INC. | $460,000 | $3,630,000 | 689.1% | 0.8% |
| Guaranty Bank & Trust Company of Delhi, Louisiana | $2,115,000 | $3,575,000 | 69.0% | 0.8% |
| PENNYMAC LOAN SERVICES, LLC | $6,625,000 | $3,555,000 | -46.3% | 0.8% |
| NAVY FEDERAL CREDIT UNION | $3,550,000 | $3,330,000 | -6.2% | 0.7% |
| DRAPER AND KRAMER MORTGAGE CORP. | $6,640,000 | $3,290,000 | -50.5% | 0.7% |
| SUMMIT FUNDING, INC. | $6,115,000 | $3,070,000 | -49.8% | 0.7% |
| LOUISIANA | $3,185,000 | $2,680,000 | -15.9% | 0.6% |
| JPMorgan Chase Bank | $3,740,000 | $2,665,000 | -28.7% | 0.6% |
| STANDARD MORTGAGE CORPORATION | $2,855,000 | $2,575,000 | -9.8% | 0.6% |
| American Bank & Trust Company | $6,880,000 | $2,535,000 | -63.2% | 0.6% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,140,000 | $2,480,000 | 117.5% | 0.5% |
| United Community Bank | $295,000 | $2,440,000 | 727.1% | 0.5% |
| USAA Federal Savings Bank | $2,210,000 | $2,425,000 | 9.7% | 0.5% |
| TRIAD FINANCIAL SERVICES, INC. | $4,400,000 | $2,330,000 | -47.0% | 0.5% |
| LOANDEPOT.COM, LLC | $9,260,000 | $2,140,000 | -76.9% | 0.5% |
| First Horizon Bank | $1,860,000 | $2,110,000 | 13.4% | 0.5% |
| PLANET HOME LENDING, LLC | $1,955,000 | $2,035,000 | 4.1% | 0.5% |
| AMERISAVE MORTGAGE CORPORATION | $1,900,000 | $1,840,000 | -3.2% | 0.4% |
| EFCU FINANCIAL | $260,000 | $1,815,000 | 598.1% | 0.4% |
| Goldwater Bank, N.A. | $1,790,000 | n/a | 0.4% | |
| BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC | $1,745,000 | n/a | 0.4% | |
| BROKER SOLUTIONS, INC. | $785,000 | $1,725,000 | 119.7% | 0.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $4,575,000 | $1,720,000 | -62.4% | 0.4% |
| Wells Fargo Bank | $3,315,000 | $1,560,000 | -52.9% | 0.3% |
| SOUTHWEST STAGE FUNDING, LLC | $485,000 | $1,465,000 | 202.1% | 0.3% |
| Resource Bank | $2,340,000 | $1,430,000 | -38.9% | 0.3% |
| Washington State Bank | $135,000 | $1,385,000 | 925.9% | 0.3% |
| AMERICAN FINANCIAL NETWORK, INC. | $1,355,000 | n/a | 0.3% | |
| UNION HOME MORTGAGE CORP. | $1,220,000 | $1,240,000 | 1.6% | 0.3% |
| GUARANTEED RATE, INC. | $1,165,000 | $1,210,000 | 3.9% | 0.3% |
| Flagstar Bank, FSB | $5,600,000 | $1,185,000 | -78.8% | 0.3% |
| Century Mortgage Company DBA Century Lending Company | $1,170,000 | n/a | 0.3% | |
| THE MORTGAGE FIRM, INC. | $470,000 | $1,120,000 | 138.3% | 0.2% |
| Towne Bank | $1,075,000 | n/a | 0.2% | |
| DEEPHAVEN MORTGAGE LLC | $365,000 | $1,020,000 | 179.5% | 0.2% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,585,000 | $1,010,000 | -36.3% | 0.2% |
| BancorpSouth | $740,000 | $960,000 | 29.7% | 0.2% |
| AMERICAN FINANCIAL RESOURCES, INC. | $1,310,000 | $930,000 | -29.0% | 0.2% |
| Prosperity Home Mortgage, LLC | $910,000 | n/a | 0.2% | |
| Citizens Bank | $2,150,000 | $865,000 | -59.8% | 0.2% |
| Paramount Residential Mortgage Group, Inc. | $400,000 | $850,000 | 112.5% | 0.2% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $3,245,000 | $830,000 | -74.4% | 0.2% |
| NEW DAY FINANCIAL, LLC | $1,445,000 | $810,000 | -43.9% | 0.2% |
| Bank of England | $315,000 | $805,000 | 155.6% | 0.2% |
| Equity Prime Mortgage LLC | $640,000 | $780,000 | 21.9% | 0.2% |
| America's Mortgage Resource, Inc. | $720,000 | n/a | 0.2% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $1,345,000 | $670,000 | -50.2% | 0.1% |
| Bank of America | $955,000 | $630,000 | -34.0% | 0.1% |
| OCMBC, INC. | $335,000 | $625,000 | 86.6% | 0.1% |
| FirstBank | $135,000 | $600,000 | 344.4% | 0.1% |
| La Capitol Federal Credit Union | $405,000 | $600,000 | 48.1% | 0.1% |
| Red River Bank | $830,000 | $590,000 | -28.9% | 0.1% |
| Pelican State Credit Union | $2,445,000 | $565,000 | -76.9% | 0.1% |
| NTFN, INC. | $225,000 | $550,000 | 144.4% | 0.1% |
| Baton Rouge Telco Federal Credit Union | $345,000 | $545,000 | 58.0% | 0.1% |
| Northpointe Bank | $285,000 | $530,000 | 86.0% | 0.1% |
| SECURITYNATIONAL MORTGAGE COMPANY | $1,510,000 | $530,000 | -64.9% | 0.1% |
| Discover Bank | $175,000 | $520,000 | 197.1% | 0.1% |
| Morgan Stanley Private Bank | $515,000 | n/a | 0.1% | |
| Synergy Bank | $515,000 | n/a | 0.1% | |
| KEESLER | $1,025,000 | $505,000 | -50.7% | 0.1% |
| CHEVRON | $310,000 | $495,000 | 59.7% | 0.1% |
| Metairie Bank & Trust Company | $890,000 | $485,000 | -45.5% | 0.1% |
| Home Bank | $1,845,000 | $470,000 | -74.5% | 0.1% |
| The Federal Savings Bank | $550,000 | $470,000 | -14.5% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $1,340,000 | $465,000 | -65.3% | 0.1% |
| OAKTREE FUNDING CORP. | $455,000 | n/a | 0.1% | |
| GUILD MORTGAGE COMPANY | $1,720,000 | $450,000 | -73.8% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $685,000 | $450,000 | -34.3% | 0.1% |
| Plains Commerce Bank | $1,285,000 | $450,000 | -65.0% | 0.1% |
| CIS Financial Services, Inc. | $435,000 | n/a | 0.1% | |
| COUNTRYPLACE MORTGAGE, LTD. | $180,000 | $420,000 | 133.3% | 0.1% |
| NBKC BANK | $135,000 | $410,000 | 203.7% | 0.1% |
| VILLAGE CAPITAL MORTGAGE | $260,000 | $410,000 | 57.7% | 0.1% |
| Guaranty Bank and Trust Company | $65,000 | $405,000 | 523.1% | 0.1% |
| United Community Bank | $295,000 | $405,000 | 37.3% | 0.1% |
| AmeriHome Mortgage Company, LLC | $415,000 | $400,000 | -3.6% | 0.1% |
| CSL Financial, LLC | $320,000 | $390,000 | 21.9% | 0.1% |
| LIBERTY HOME MORTGAGE CORPORATION | $390,000 | n/a | 0.1% | |
| FOUNDATION MORTGAGE CORPORATION | $385,000 | n/a | 0.1% | |
| South Lafourche Bank & Trust Company | $385,000 | n/a | 0.1% | |
| AMCAP MORTGAGE, LTD. | $2,200,000 | $380,000 | -82.7% | 0.1% |
| Heritage Bank of St Tammany | $775,000 | $380,000 | -51.0% | 0.1% |
| Peoples Bank & Trust Company of Pointe Coupee Parish, Inc | $785,000 | $380,000 | -51.6% | 0.1% |
| T2 FINANCIAL LLC | $395,000 | $370,000 | -6.3% | 0.1% |
| Landmark Bank | $765,000 | $360,000 | -52.9% | 0.1% |
| Gateway First Bank | $15,570,000 | $345,000 | -97.8% | 0.1% |
| Citizens Bank and Trust Company | $320,000 | n/a | 0.1% | |
| PENTAGON FEDERAL CREDIT UNION | $690,000 | $315,000 | -54.3% | 0.1% |
| The Loan Store, Inc. | $315,000 | n/a | 0.1% | |
| Figure Lending LLC | $260,000 | $310,000 | 19.2% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $310,000 | n/a | 0.1% | |
| BOM Bank | $305,000 | n/a | 0.1% | |
| University Bank | $305,000 | n/a | 0.1% | |
| WYMAR FEDERAL CREDIT UNION | $940,000 | $305,000 | -67.6% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $920,000 | $300,000 | -67.4% | 0.1% |
| NEXERA HOLDING LLC | $295,000 | n/a | 0.1% | |
| Republic State Mortgage Co. | $295,000 | n/a | 0.1% | |
| Hibernia Bank | $285,000 | n/a | 0.1% | |
| CMG MORTGAGE, INC. | $655,000 | $275,000 | -58.0% | 0.1% |
| Feliciana Bank & Trust Company | $270,000 | n/a | 0.1% | |
| Barrington Bank & Trust Company, N.A. | $965,000 | $265,000 | -72.5% | 0.1% |
| Carrington Mortgage Services, LLC | $2,500,000 | $265,000 | -89.4% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $265,000 | n/a | 0.1% | |
| Coastal Community Bank | $265,000 | n/a | 0.1% | |
| LOS ANGELES POLICE Federal Credit Union | $265,000 | n/a | 0.1% | |
| Eureka Homestead | $165,000 | $245,000 | 48.5% | 0.1% |
| NFM, INC. | $245,000 | n/a | 0.1% | |
| Victorian Finance, LLC | $245,000 | n/a | 0.1% | |
| CLEARPATH LENDING | $235,000 | n/a | 0.1% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $305,000 | $225,000 | -26.2% | 0.0% |
| ARC HOME LLC | $225,000 | n/a | 0.0% | |
| Cornerstone First Mortgage, Inc | $265,000 | $225,000 | -15.1% | 0.0% |
| EMM LOANS LLC | $215,000 | n/a | 0.0% | |
| FLAT BRANCH MORTGAGE, INC. | $215,000 | n/a | 0.0% | |
| GSF Mortgage Corporation | $785,000 | $215,000 | -72.6% | 0.0% |
| Planters Bank & Trust Company | $215,000 | n/a | 0.0% | |
| Wolfe Financial, Inc | $715,000 | $215,000 | -69.9% | 0.0% |
| JEFFERSON FINANCIAL | $1,440,000 | $210,000 | -85.4% | 0.0% |
| U.S. Bank | $245,000 | $210,000 | -14.3% | 0.0% |
| 1ST SIGNATURE LENDING, LLC | $205,000 | n/a | 0.0% | |
| V.I.P. MORTGAGE, INC. | $205,000 | n/a | 0.0% | |
| ALL IN | $195,000 | n/a | 0.0% | |
| First Federal Bank, A FSB | $195,000 | n/a | 0.0% | |
| Nations Lending Corporation | $2,035,000 | $195,000 | -90.4% | 0.0% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $255,000 | $195,000 | -23.5% | 0.0% |
| LEADERONE FINANCIAL CORPORATION | $185,000 | n/a | 0.0% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $580,000 | $185,000 | -68.1% | 0.0% |
| THE NEW ORLEANS FIREMEN'S FEDERAL CREDIT UNION | $190,000 | $175,000 | -7.9% | 0.0% |
| M&T Bank | $165,000 | n/a | 0.0% | |
| ZILLOW HOME LOANS, LLC | $265,000 | $165,000 | -37.7% | 0.0% |
| RELIANCE FIRST CAPITAL, LLC | $155,000 | $155,000 | 0.0% | 0.0% |
| BETTER MORTGAGE CORPORATION | $540,000 | $145,000 | -73.1% | 0.0% |
| HOMEXPRESS MORTGAGE CORP. | $145,000 | n/a | 0.0% | |
| Bank of Tennessee | $65,000 | $135,000 | 107.7% | 0.0% |
| SPRING EQ, LLC | $155,000 | $135,000 | -12.9% | 0.0% |
| CASTLE & COOKE MORTGAGE, LLC | $125,000 | n/a | 0.0% | |
| Citadel Servicing Corporation | $675,000 | $125,000 | -81.5% | 0.0% |
| Fifth District Savings Bank | $1,465,000 | $125,000 | -91.5% | 0.0% |
| US MORTGAGE CORPORATION | $125,000 | n/a | 0.0% | |
| FEDEX EMPLOYEES CREDIT ASSOCIATION | $95,000 | n/a | 0.0% | |
| First Federal Bank of Kansas City | $95,000 | n/a | 0.0% | |
| MIDLAND MORTGAGE CORPORATION | $95,000 | n/a | 0.0% | |
| ROYAL UNITED MORTGAGE LLC | $890,000 | $95,000 | -89.3% | 0.0% |
| SUPERIOR CHOICE | $95,000 | n/a | 0.0% | |
| AMERICAN FINANCING CORPORATION | $345,000 | $85,000 | -75.4% | 0.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $520,000 | $75,000 | -85.6% | 0.0% |
| ESSENTIAL | $75,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $75,000 | n/a | 0.0% | |
| ASHLAND Credit Union | $185,000 | $65,000 | -64.9% | 0.0% |
| Baxter Credit Union | $285,000 | $65,000 | -77.2% | 0.0% |
| Citizens National Bank, N.A. | $1,635,000 | $35,000 | -97.9% | 0.0% |
| Home Loan Investment Bank, F.S.B. | $25,000 | n/a | 0.0% |
HAMMOND's top lender by overall market share is DSLD MORTGAGE, LLC, with 8.5% market share. In second place, with 6.6%, is GMFS LLC, having originated $29,790,000 in loans. In third place, with 5.4%, is Gulf Coast Bank and Trust Company, having originated $24,600,000 in loans. In fourth place, with 4.8%, is First Guaranty Bank, having originated $21,830,000 in loans. In fifth place, with 4.6%, is ORIX REAL ESTATE CAPITAL, LLC, having originated $20,895,000 in loans.
HAMMOND Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - HAMMOND (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $189,900 (0.6%) | $236,658 (-0.6%) | 0.00 | 479 |
| 2018-02-01 | $189,450 (0.7%) | $234,002 (-1.4%) | 0.00 | 490 |
| 2018-03-01 | $190,048 (1.5%) | $235,317 (-1.3%) | 0.00 | 495 |
| 2018-04-01 | $190,023 (0.0%) | $234,493 (-3.4%) | 0.00 | 503 |
| 2018-05-01 | $193,725 (-2.0%) | $236,457 (-0.9%) | 0.00 | 512 |
| 2018-06-01 | $189,000 (-4.1%) | $230,289 (-3.5%) | 0.00 | 549 |
| 2018-07-01 | $189,278 (-2.1%) | $230,867 (-5.6%) | 0.00 | 540 |
| 2018-08-01 | $188,700 (-2.1%) | $229,970 (-4.3%) | 0.00 | 539 |
| 2018-09-01 | $185,000 (-2.6%) | $225,706 (-5.4%) | 0.00 | 570 |
| 2018-10-01 | $187,143 (-3.2%) | $235,057 (-4.1%) | 0.00 | 580 |
| 2018-11-01 | $188,675 (-0.7%) | $236,192 (-4.0%) | 0.00 | 604 |
| 2018-12-01 | $189,305 (-2.9%) | $234,586 (-3.3%) | 0.00 | 615 |
| 2019-01-01 | $183,445 (-3.4%) | $232,927 (-1.6%) | 0.00 | 607 |
| 2019-02-01 | $184,950 (-2.4%) | $234,559 (0.2%) | 0.00 | 605 |
| 2019-03-01 | $186,821 (-1.7%) | $235,224 (0.0%) | 0.00 | 603 |
| 2019-04-01 | $189,625 (-0.2%) | $235,735 (0.5%) | 0.00 | 594 |
| 2019-05-01 | $196,475 (1.4%) | $241,105 (2.0%) | 0.00 | 572 |
| 2019-06-01 | $199,000 (5.3%) | $241,691 (5.0%) | 0.00 | 595 |
| 2019-07-01 | $199,000 (5.1%) | $239,779 (3.9%) | 0.00 | 602 |
| 2019-08-01 | $198,123 (5.0%) | $240,368 (4.5%) | 0.00 | 597 |
| 2019-09-01 | $196,806 (6.4%) | $242,064 (7.3%) | 0.00 | 585 |
| 2019-10-01 | $197,538 (5.6%) | $243,195 (3.5%) | 0.00 | 559 |
| 2019-11-01 | $195,550 (3.6%) | $244,582 (3.6%) | 0.00 | 539 |
| 2019-12-01 | $193,925 (2.4%) | $245,270 (4.6%) | 0.00 | 518 |
| 2020-01-01 | $190,950 (4.1%) | $243,140 (4.4%) | 0.00 | 490 |
| 2020-02-01 | $190,000 (2.7%) | $251,243 (7.1%) | 0.00 | 468 |
| 2020-03-01 | $198,950 (6.5%) | $257,846 (9.6%) | 0.00 | 454 |
| 2020-04-01 | $201,900 (6.5%) | $258,674 (9.7%) | 0.00 | 450 |
| 2020-05-01 | $207,900 (5.8%) | $261,567 (8.5%) | 0.00 | 392 |
| 2020-06-01 | $223,900 (12.5%) | $279,829 (15.8%) | 0.00 | 318 |
| 2020-07-01 | $224,875 (13.0%) | $278,316 (16.1%) | 0.00 | 300 |
| 2020-08-01 | $224,950 (13.5%) | $274,844 (14.3%) | 0.00 | 285 |
| 2020-09-01 | $228,358 (16.0%) | $278,599 (15.1%) | 0.00 | 270 |
| 2020-10-01 | $220,000 (11.4%) | $287,076 (18.0%) | 0.00 | 228 |
| 2020-11-01 | $229,000 (17.1%) | $296,914 (21.4%) | 0.00 | 216 |
| 2020-12-01 | $234,475 (20.9%) | $311,754 (27.1%) | 0.00 | 204 |
| 2021-01-01 | $235,000 (23.1%) | $318,152 (30.9%) | 0.00 | 176 |
| 2021-02-01 | $234,170 (23.3%) | $334,900 (33.3%) | 0.00 | 157 |
| 2021-03-01 | $236,750 (19.0%) | $335,953 (30.3%) | 0.00 | 156 |
| 2021-04-01 | $237,250 (17.5%) | $336,238 (30.0%) | 0.00 | 153 |
| 2021-05-01 | $240,000 (15.4%) | $351,978 (34.6%) | 0.00 | 147 |
| 2021-06-01 | $265,000 (18.4%) | $371,407 (32.7%) | 0.00 | 143 |
| 2021-07-01 | $267,000 (18.7%) | $357,443 (28.4%) | 0.00 | 152 |
| 2021-08-01 | $256,950 (14.2%) | $345,695 (25.8%) | 0.00 | 164 |
| 2021-09-01 | $267,225 (17.0%) | $361,991 (29.9%) | 0.00 | 151 |
| 2021-10-01 | $264,058 (20.0%) | $365,974 (27.5%) | 0.00 | 134 |
| 2021-11-01 | $248,250 (8.4%) | $350,289 (18.0%) | 0.00 | 127 |
| 2021-12-01 | $249,250 (6.3%) | $358,504 (15.0%) | 0.00 | 121 |
| 2022-01-01 | $238,753 (1.6%) | $358,986 (12.8%) | 0.00 | 115 |
| 2022-02-01 | $253,725 (8.4%) | $377,775 (12.8%) | 0.00 | 86 |
| 2022-03-01 | $264,556 (11.7%) | $365,165 (8.7%) | 0.00 | 111 |
| 2022-04-01 | $256,225 (8.0%) | $365,531 (8.7%) | 0.00 | 142 |
| 2022-05-01 | $268,603 (11.9%) | $379,250 (7.8%) | 0.00 | 153 |
| 2022-06-01 | $257,681 (-2.8%) | $361,728 (-2.6%) | 0.00 | 182 |
| 2022-07-01 | $256,863 (-3.8%) | $343,710 (-3.8%) | 0.00 | 226 |
| 2022-08-01 | $260,975 (1.6%) | $332,010 (-4.0%) | 0.00 | 238 |
| 2022-09-01 | $259,450 (-2.9%) | $328,199 (-9.3%) | 0.00 | 259 |
| 2022-10-01 | $250,000 (-5.3%) | $318,973 (-12.8%) | 0.00 | 284 |
| 2022-11-01 | $252,450 (1.7%) | $310,964 (-11.2%) | 0.00 | 276 |
| 2022-12-01 | $259,900 (4.3%) | $305,428 (-14.8%) | 0.00 | 276 |
| 2023-01-01 | $260,290 (9.0%) | $299,034 (-16.7%) | 0.00 | 284 |
| 2023-02-01 | $259,519 (2.3%) | $302,588 (-19.9%) | 0.00 | 281 |
| 2023-03-01 | $257,129 (-2.8%) | $301,535 (-17.4%) | 0.00 | 272 |
| 2023-04-01 | $260,000 (1.5%) | $310,074 (-15.2%) | 0.00 | 263 |
| 2023-05-01 | $276,375 (2.9%) | $316,693 (-16.5%) | 0.00 | 270 |
| 2023-06-01 | $280,285 (8.8%) | $334,648 (-7.5%) | 0.00 | 274 |
| 2023-07-01 | $278,000 (8.2%) | $335,565 (-2.4%) | 0.00 | 278 |
| 2023-08-01 | $279,375 (7.1%) | $341,391 (2.8%) | 0.00 | 303 |
| 2023-09-01 | $269,900 (4.0%) | $329,185 (0.3%) | 0.00 | 325 |
| 2023-10-01 | $259,925 (4.0%) | $318,092 (-0.3%) | 0.00 | 311 |
| 2023-11-01 | $262,750 (4.1%) | $316,551 (1.8%) | 0.00 | 322 |
| 2023-12-01 | $264,950 (1.9%) | $312,960 (2.5%) | 0.00 | 319 |
| 2024-01-01 | $264,925 (1.8%) | $314,070 (5.0%) | 0.00 | 310 |
| 2024-02-01 | $262,800 (1.3%) | $312,208 (3.2%) | 0.00 | 325 |
| 2024-03-01 | $265,000 (3.1%) | $323,353 (7.2%) | 0.00 | 313 |
HAMMOND's median listing price for 2024-03-01 was $265,000, a difference of
$7,871
(3.1%) versus the prior year and
$2,200 versus the prior month.
HAMMOND's median listing price comes in at 0% of the national average.
HAMMOND's average listing price for 2024-03-01 was $323,353, a difference of $21,818 (7.2%) versus the prior year and $11,145 versus the prior month.
For the 2024-03-01 period, HAMMOND had 313 MLS listings, a difference of -12 listings (-4%) versus the prior month and 41 listings (15%) versus the prior year.
HAMMOND's median listing price comes in at 0% of the national average.
HAMMOND's average listing price for 2024-03-01 was $323,353, a difference of $21,818 (7.2%) versus the prior year and $11,145 versus the prior month.
For the 2024-03-01 period, HAMMOND had 313 MLS listings, a difference of -12 listings (-4%) versus the prior month and 41 listings (15%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - HAMMOND (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,850 sqft |
| 2018-02-01 | 0 days | 1,831 sqft |
| 2018-03-01 | 0 days | 1,858 sqft |
| 2018-04-01 | 0 days | 1,859 sqft |
| 2018-05-01 | 0 days | 1,885 sqft |
| 2018-06-01 | 0 days | 1,860 sqft |
| 2018-07-01 | 0 days | 1,843 sqft |
| 2018-08-01 | 0 days | 1,842 sqft |
| 2018-09-01 | 0 days | 1,805 sqft |
| 2018-10-01 | 0 days | 1,791 sqft |
| 2018-11-01 | 0 days | 1,776 sqft |
| 2018-12-01 | 0 days | 1,803 sqft |
| 2019-01-01 | 0 days | 1,755 sqft |
| 2019-02-01 | 0 days | 1,772 sqft |
| 2019-03-01 | 0 days | 1,779 sqft |
| 2019-04-01 | 0 days | 1,789 sqft |
| 2019-05-01 | 0 days | 1,842 sqft |
| 2019-06-01 | 0 days | 1,867 sqft |
| 2019-07-01 | 0 days | 1,859 sqft |
| 2019-08-01 | 0 days | 1,856 sqft |
| 2019-09-01 | 0 days | 1,857 sqft |
| 2019-10-01 | 0 days | 1,861 sqft |
| 2019-11-01 | 0 days | 1,885 sqft |
| 2019-12-01 | 0 days | 1,871 sqft |
| 2020-01-01 | 0 days | 1,859 sqft |
| 2020-02-01 | 0 days | 1,858 sqft |
| 2020-03-01 | 0 days | 1,884 sqft |
| 2020-04-01 | 0 days | 1,882 sqft |
| 2020-05-01 | 0 days | 1,899 sqft |
| 2020-06-01 | 0 days | 1,999 sqft |
| 2020-07-01 | 0 days | 2,020 sqft |
| 2020-08-01 | 0 days | 1,987 sqft |
| 2020-09-01 | 0 days | 2,063 sqft |
| 2020-10-01 | 0 days | 1,920 sqft |
| 2020-11-01 | 0 days | 1,923 sqft |
| 2020-12-01 | 0 days | 1,926 sqft |
| 2021-01-01 | 0 days | 1,950 sqft |
| 2021-02-01 | 0 days | 1,980 sqft |
| 2021-03-01 | 0 days | 1,971 sqft |
| 2021-04-01 | 0 days | 1,937 sqft |
| 2021-05-01 | 0 days | 1,969 sqft |
| 2021-06-01 | 0 days | 2,030 sqft |
| 2021-07-01 | 0 days | 2,040 sqft |
| 2021-08-01 | 0 days | 2,000 sqft |
| 2021-09-01 | 0 days | 2,099 sqft |
| 2021-10-01 | 0 days | 2,000 sqft |
| 2021-11-01 | 0 days | 1,921 sqft |
| 2021-12-01 | 0 days | 1,923 sqft |
| 2022-01-01 | 0 days | 1,823 sqft |
| 2022-02-01 | 0 days | 1,877 sqft |
| 2022-03-01 | 0 days | 1,960 sqft |
| 2022-04-01 | 0 days | 1,887 sqft |
| 2022-05-01 | 0 days | 2,015 sqft |
| 2022-06-01 | 0 days | 1,927 sqft |
| 2022-07-01 | 0 days | 1,887 sqft |
| 2022-08-01 | 0 days | 1,860 sqft |
| 2022-09-01 | 0 days | 1,838 sqft |
| 2022-10-01 | 0 days | 1,814 sqft |
| 2022-11-01 | 0 days | 1,871 sqft |
| 2022-12-01 | 0 days | 1,898 sqft |
| 2023-01-01 | 0 days | 1,869 sqft |
| 2023-02-01 | 0 days | 1,860 sqft |
| 2023-03-01 | 0 days | 1,893 sqft |
| 2023-04-01 | 0 days | 1,935 sqft |
| 2023-05-01 | 0 days | 2,054 sqft |
| 2023-06-01 | 0 days | 2,065 sqft |
| 2023-07-01 | 0 days | 2,000 sqft |
| 2023-08-01 | 0 days | 2,000 sqft |
| 2023-09-01 | 0 days | 1,926 sqft |
| 2023-10-01 | 0 days | 1,888 sqft |
| 2023-11-01 | 0 days | 1,888 sqft |
| 2023-12-01 | 0 days | 1,860 sqft |
| 2024-01-01 | 0 days | 1,862 sqft |
| 2024-02-01 | 0 days | 1,821 sqft |
| 2024-03-01 | 0 days | 1,819 sqft |
HAMMOND's median listing age (time on market) for 2024-03-01 was 0 days.
HAMMOND's median square footage for active listings during the 2024-03-01 period was 1,819 sqft. One year prior, the average listing was 1,893 sqft.
HAMMOND's median square footage for active listings during the 2024-03-01 period was 1,819 sqft. One year prior, the average listing was 1,893 sqft.
HAMMOND, LA Average Rent (2023)
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| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 70401 | Hammond, LA MSA | $760 | $770 | $980 | $1,190 | $1,320 |
| 70402 | Hammond, LA MSA | $780 | $780 | $1,000 | $1,220 | $1,340 |
| 70403 | Hammond, LA MSA | $780 | $780 | $1,000 | $1,210 | $1,350 |
| 70404 | Hammond, LA MSA | $780 | $780 | $1,000 | $1,220 | $1,340 |
| 70421 | Hammond, LA MSA | $780 | $780 | $1,000 | $1,220 | $1,340 |
| 70422 | Hammond, LA MSA | $720 | $720 | $910 | $1,110 | $1,310 |
| 70433 | Hammond, LA MSA | $980 | $1,150 | $1,360 | $1,750 | $2,040 |
| 70435 | Hammond, LA MSA | $870 | $1,030 | $1,210 | $1,560 | $1,810 |
| 70436 | Hammond, LA MSA | $750 | $750 | $960 | $1,170 | $1,310 |
| 70437 | Hammond, LA MSA | $840 | $970 | $1,150 | $1,480 | $1,710 |
| 70438 | Hammond, LA MSA | $910 | $1,070 | $1,260 | $1,620 | $1,880 |
| 70442 | Hammond, LA MSA | $710 | $710 | $900 | $1,100 | $1,220 |
| 70443 | Hammond, LA MSA | $770 | $770 | $970 | $1,190 | $1,350 |
| 70444 | Hammond, LA MSA | $720 | $730 | $920 | $1,120 | $1,310 |
| 70446 | Hammond, LA MSA | $680 | $690 | $880 | $1,070 | $1,180 |
| 70451 | Hammond, LA MSA | $750 | $760 | $970 | $1,180 | $1,300 |
| 70454 | Hammond, LA MSA | $820 | $830 | $1,060 | $1,290 | $1,420 |
| 70455 | Hammond, LA MSA | $750 | $770 | $970 | $1,190 | $1,330 |
| 70456 | Hammond, LA MSA | $750 | $750 | $960 | $1,170 | $1,310 |
| 70462 | Hammond, LA MSA | $800 | $810 | $930 | $1,170 | $1,520 |
| 70465 | Hammond, LA MSA | $740 | $740 | $950 | $1,160 | $1,280 |
| 70466 | Hammond, LA MSA | $750 | $750 | $960 | $1,170 | $1,310 |
2022 Average & Median Rent Data Statistics
HAMMOND, LA average 1BR rent: $813, median: $770
HAMMOND, LA average 2BR rent: $1,014, median: $970
HAMMOND, LA average 3BR rent: $1,253, median: $1,190
HAMMOND, LA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,403 | $313,635,000 | $223,546 |
| Cash Out Refi | 202 | $43,160,000 | $213,663 |
| Refi | 181 | $69,955,000 | $386,492 |
| Other | 118 | $11,040,000 | $93,559 |
| Home Improvement | 105 | $12,085,000 | $115,095 |
| NA | 1 | $1,745,000 | $1,745,000 |
Hammond's most frequently cited loan purpose was Home Purchase, with 1,403 originations. The 2nd most popular reason was Cash Out Refi, with 202 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 631 | $144,695,000 | $229,311 |
| Over 8% | 376 | $44,730,000 | $118,963 |
| 7-8% | 376 | $86,820,000 | $230,904 |
| 5-6% | 344 | $80,190,000 | $233,110 |
| 4-5% | 40 | $10,240,000 | $256,000 |
| <2.5% | 25 | $22,205,000 | $888,200 |
| 3-4% | 12 | $3,270,000 | $272,500 |
| 2.5-3% | 4 | $460,000 | $115,000 |
During 2023, Hammond's most frequently originated rate bucket was 6-7%, with 631 originations.
Loan Sizing (HAMMOND, LA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 892 | $230,960,000 | $258,924 |
| $100k-200k | 616 | $94,830,000 | $153,945 |
| $100,000 or less | 394 | $24,080,000 | $61,117 |
| $400k-600k | 77 | $35,865,000 | $465,779 |
| $Over $1MM | 16 | $55,100,000 | $3,443,750 |
| $600k-1000k | 15 | $10,785,000 | $719,000 |
HAMMOND's loan sizing saw the bucket of loans from $200k-400k with 892 originations, totaling $230,960,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,058 | $245,420,000 | $231,966 |
| 60-80% | 282 | $61,850,000 | $219,326 |
| 20-40% | 157 | $16,515,000 | $105,191 |
| Under 20% | 125 | $6,885,000 | $55,080 |
| 40-60% | 115 | $24,375,000 | $211,957 |
| Over 100% | 56 | $36,490,000 | $651,607 |
HAMMOND's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,058 originations, totaling $245,420,000 in origination value.