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
7.19%
for the week of 2023-09-21, compared to the national average of
7.19% for the same period.
The average rate for the prior week (2023-09-14) was
6.78% and
one month ago for the week of 2023-08-17, the
average rate was 7.09%.
Hammond's average rate one year ago was 5.72%.
For refis of the same type during the week of 2023-09-21, the average rate
was 6.23%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-09-21 | 7.19% |
| Hammond 30 Year Fixed Rate | 2023-09-21 | 7.19% |
| Hammond 30 Year Fixed Rate Refi | 2023-09-21 | 6.23% |
| Hammond 15 Year Fixed Rate | 2023-09-21 | 6.74% |
| Hammond 15 Year Fixed Rate Refi | 2023-09-21 | 6.64% |
| Hammond 30 Year FHA | 2023-09-21 | 6.34% |
| Hammond 30 Year FHA Refi | 2023-09-21 | 6.94% |
| Hammond 30 Year USDA | 2023-09-21 | 6.59% |
| Hammond 30 Year USDA Refi | 2023-09-21 | 6.82% |
| Hammond 30 Year VA | 2023-09-21 | 6.3% |
| Hammond 30 Year VA Refi | 2023-09-21 | 6.72% |
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 109 lenders originated 2,900
loans during 2022. The total origination value was $621,860,000, with an average loan value of
$214,434.
HAMMOND's average closing costs are $5,184.
The top HAMMOND lender as defined by loan originations is GMFS LLC, with
105 loans originated. Their average total fees are
$4,427, which is $2,517
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee HAMMOND lenders (with over 10 loans originated) are
DSLD MORTGAGE, LLC ($2,645), JPMorgan Chase Bank ($3,024), Gateway First Bank ($3,082), INTERLINC MORTGAGE SERVICES, LLC ($3,379) and Wells Fargo Bank ($3,880).
The lowest rate HAMMOND lenders (with over 10 loans originated) are
LOANDEPOT.COM, LLC (4.51%), CALIBER HOME LOANS, INC. (4.56%), Wells Fargo Bank (4.60%), JPMorgan Chase Bank (4.60%) and Hancock Whitney Bank (4.76%).
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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| GMFS LLC | $91,340,000 | $55,375,000 | -39.4% | 8.9% |
| Gulf Coast Bank and Trust Company | $48,810,000 | $35,870,000 | -26.5% | 5.8% |
| DSLD MORTGAGE, LLC | $32,110,000 | $29,930,000 | -6.8% | 4.8% |
| MOVEMENT MORTGAGE, LLC | $25,935,000 | $24,785,000 | -4.4% | 4.0% |
| QUICKEN LOANS, LLC | $47,725,000 | $23,965,000 | -49.8% | 3.9% |
| First Guaranty Bank | $26,615,000 | $23,900,000 | -10.2% | 3.8% |
| UNITED WHOLESALE MORTGAGE, LLC | $16,100,000 | $23,710,000 | 47.3% | 3.8% |
| First American Bank and Trust | $15,355,000 | $18,715,000 | 21.9% | 3.0% |
| Hancock Whitney Bank | $19,235,000 | $17,830,000 | -7.3% | 2.9% |
| Gateway First Bank | $18,545,000 | $15,570,000 | -16.0% | 2.5% |
| The First, A National Banking Association | $16,565,000 | $14,070,000 | -15.1% | 2.3% |
| CALIBER HOME LOANS, INC. | $29,345,000 | $12,105,000 | -58.7% | 1.9% |
| MID AMERICA MORTGAGE, INC. | $15,165,000 | $10,590,000 | -30.2% | 1.7% |
| FIDELITY BANK | $12,285,000 | $10,500,000 | -14.5% | 1.7% |
| DHI MORTGAGE COMPANY, LTD. | $33,105,000 | $10,305,000 | -68.9% | 1.7% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $12,065,000 | $9,715,000 | -19.5% | 1.6% |
| LOANDEPOT.COM, LLC | $17,285,000 | $9,260,000 | -46.4% | 1.5% |
| Regions Bank | $11,475,000 | $8,885,000 | -22.6% | 1.4% |
| Mortgage Research Center, LLC | $9,135,000 | $8,760,000 | -4.1% | 1.4% |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $7,975,000 | $8,725,000 | 9.4% | 1.4% |
| Investar Bank | $2,655,000 | $8,495,000 | 220.0% | 1.4% |
| FREEDOM MORTGAGE CORPORATION | $46,270,000 | $7,705,000 | -83.3% | 1.2% |
| American Bank & Trust Company | $12,605,000 | $6,880,000 | -45.4% | 1.1% |
| DRAPER AND KRAMER MORTGAGE CORP. | $705,000 | $6,640,000 | 841.8% | 1.1% |
| PENNYMAC LOAN SERVICES, LLC | $12,750,000 | $6,625,000 | -48.0% | 1.1% |
| SUMMIT FUNDING, INC. | $9,045,000 | $6,115,000 | -32.4% | 1.0% |
| 21ST MORTGAGE CORPORATION | $7,895,000 | $6,035,000 | -23.6% | 1.0% |
| Flagstar Bank, FSB | $4,695,000 | $5,600,000 | 19.3% | 0.9% |
| Assurance Financial Group, L.L.C. | $7,425,000 | $5,500,000 | -25.9% | 0.9% |
| NEWREZ LLC | $7,585,000 | $5,355,000 | -29.4% | 0.9% |
| BankPlus | $6,330,000 | $5,205,000 | -17.8% | 0.8% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $5,365,000 | $5,135,000 | -4.3% | 0.8% |
| HOME POINT FINANCIAL CORPORATION | $6,495,000 | $5,055,000 | -22.2% | 0.8% |
| LHM FINANCIAL CORPORATION | $5,515,000 | $4,905,000 | -11.1% | 0.8% |
| Mr. Cooper ( Nationstar Mortgage ) | $9,665,000 | $4,575,000 | -52.7% | 0.7% |
| CROSSCOUNTRY MORTGAGE, LLC | $9,155,000 | $4,470,000 | -51.2% | 0.7% |
| Citizens Savings Bank | $1,600,000 | $4,415,000 | 175.9% | 0.7% |
| TRIAD FINANCIAL SERVICES, INC. | $1,585,000 | $4,400,000 | 177.6% | 0.7% |
| INTERLINC MORTGAGE SERVICES, LLC | $8,525,000 | $4,315,000 | -49.4% | 0.7% |
| FBT Mortgage, L.L.C. | $18,665,000 | $4,135,000 | -77.8% | 0.7% |
| JPMorgan Chase Bank | $9,295,000 | $3,740,000 | -59.8% | 0.6% |
| NAVY FEDERAL CREDIT UNION | $2,585,000 | $3,550,000 | 37.3% | 0.6% |
| First Bank and Trust | $9,755,000 | $3,460,000 | -64.5% | 0.6% |
| Wells Fargo Bank | $5,645,000 | $3,315,000 | -41.3% | 0.5% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $2,910,000 | $3,245,000 | 11.5% | 0.5% |
| LOUISIANA | $2,420,000 | $3,185,000 | 31.6% | 0.5% |
| American State Bank | $3,150,000 | n/a | 0.5% | |
| STANDARD MORTGAGE CORPORATION | $7,335,000 | $2,855,000 | -61.1% | 0.5% |
| ANGEL OAK HOME LOANS LLC | $5,635,000 | $2,765,000 | -50.9% | 0.4% |
| Carrington Mortgage Services, LLC | $2,495,000 | $2,500,000 | 0.2% | 0.4% |
| Synovus Bank | $2,485,000 | n/a | 0.4% | |
| Pelican State Credit Union | $705,000 | $2,445,000 | 246.8% | 0.4% |
| Resource Bank | $1,960,000 | $2,340,000 | 19.4% | 0.4% |
| USAA Federal Savings Bank | $2,545,000 | $2,210,000 | -13.2% | 0.4% |
| AMCAP MORTGAGE, LTD. | $1,450,000 | $2,200,000 | 51.7% | 0.4% |
| Citizens Bank | $385,000 | $2,150,000 | 458.4% | 0.3% |
| Guaranty Bank & Trust Company of Delhi, Louisiana | $2,115,000 | n/a | 0.3% | |
| M C Bank & Trust Company | $1,745,000 | $2,035,000 | 16.6% | 0.3% |
| Nations Lending Corporation | $2,295,000 | $2,035,000 | -11.3% | 0.3% |
| SOUTHWEST FUNDING, LP | $5,085,000 | $1,960,000 | -61.5% | 0.3% |
| PLANET HOME LENDING, LLC | $2,370,000 | $1,955,000 | -17.5% | 0.3% |
| United Community Bank | $2,755,000 | $1,920,000 | -30.3% | 0.3% |
| AMERISAVE MORTGAGE CORPORATION | $5,805,000 | $1,900,000 | -67.3% | 0.3% |
| First Horizon Bank | $3,020,000 | $1,860,000 | -38.4% | 0.3% |
| Home Bank | $2,305,000 | $1,845,000 | -20.0% | 0.3% |
| GUILD MORTGAGE COMPANY | $1,050,000 | $1,720,000 | 63.8% | 0.3% |
| ORIX REAL ESTATE CAPITAL, LLC | $1,695,000 | n/a | 0.3% | |
| Citizens National Bank, N.A. | $1,635,000 | n/a | 0.3% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $2,100,000 | $1,585,000 | -24.5% | 0.3% |
| SECURITYNATIONAL MORTGAGE COMPANY | $3,050,000 | $1,510,000 | -50.5% | 0.2% |
| Origin Bank | $1,495,000 | n/a | 0.2% | |
| Fifth District Savings Bank | $195,000 | $1,465,000 | 651.3% | 0.2% |
| NEW DAY FINANCIAL, LLC | $3,120,000 | $1,445,000 | -53.7% | 0.2% |
| JEFFERSON FINANCIAL | $105,000 | $1,440,000 | 1,271.4% | 0.2% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $35,000 | $1,345,000 | 3,742.9% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $5,585,000 | $1,340,000 | -76.0% | 0.2% |
| AMERICAN FINANCIAL RESOURCES, INC. | $3,130,000 | $1,310,000 | -58.1% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $2,440,000 | $1,295,000 | -46.9% | 0.2% |
| Plains Commerce Bank | $1,140,000 | $1,285,000 | 12.7% | 0.2% |
| EVERETT FINANCIAL, INC. | $980,000 | $1,235,000 | 26.0% | 0.2% |
| UNION HOME MORTGAGE CORP. | $1,410,000 | $1,220,000 | -13.5% | 0.2% |
| GUARANTEED RATE, INC. | $1,165,000 | n/a | 0.2% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $800,000 | $1,140,000 | 42.5% | 0.2% |
| Citibank | $230,000 | $1,095,000 | 376.1% | 0.2% |
| KEESLER | $645,000 | $1,025,000 | 58.9% | 0.2% |
| LIMA ONE CAPITAL, LLC | $510,000 | $1,010,000 | 98.0% | 0.2% |
| Barrington Bank & Trust Company, N.A. | $350,000 | $965,000 | 175.7% | 0.2% |
| Bank of America | $470,000 | $955,000 | 103.2% | 0.2% |
| WYMAR FEDERAL CREDIT UNION | $440,000 | $940,000 | 113.6% | 0.2% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $920,000 | n/a | 0.1% | |
| Metairie Bank & Trust Company | $85,000 | $890,000 | 947.1% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $800,000 | $890,000 | 11.3% | 0.1% |
| Red River Bank | $1,850,000 | $830,000 | -55.1% | 0.1% |
| Renasant Bank | $245,000 | $820,000 | 234.7% | 0.1% |
| Lakeview Community Capital, LLC | $740,000 | $810,000 | 9.5% | 0.1% |
| BROKER SOLUTIONS, INC. | $535,000 | $785,000 | 46.7% | 0.1% |
| GSF Mortgage Corporation | $1,400,000 | $785,000 | -43.9% | 0.1% |
| Peoples Bank & Trust Company of Pointe Coupee Parish, Inc | $1,480,000 | $785,000 | -47.0% | 0.1% |
| Heritage Bank of St Tammany | $1,510,000 | $775,000 | -48.7% | 0.1% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $1,585,000 | $765,000 | -51.7% | 0.1% |
| Landmark Bank | $210,000 | $765,000 | 264.3% | 0.1% |
| BancorpSouth Bank | $495,000 | $740,000 | 49.5% | 0.1% |
| Onpath Federal Credit Union | $800,000 | $735,000 | -8.1% | 0.1% |
| Network Funding, L.P. | $465,000 | $730,000 | 57.0% | 0.1% |
| Wolfe Financial, Inc | $715,000 | n/a | 0.1% | |
| PENTAGON FEDERAL CREDIT UNION | $550,000 | $690,000 | 25.5% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $1,250,000 | $685,000 | -45.2% | 0.1% |
| Citadel Servicing Corporation | $675,000 | n/a | 0.1% | |
| CMG MORTGAGE, INC. | $1,095,000 | $655,000 | -40.2% | 0.1% |
| Equity Prime Mortgage LLC | $640,000 | n/a | 0.1% | |
| Hometown Equity Mortgage, LLC | $1,240,000 | $635,000 | -48.8% | 0.1% |
| Great Southern Bank | $585,000 | n/a | 0.1% | |
| NATIONS RELIABLE LENDING, LLC | $575,000 | $585,000 | 1.7% | 0.1% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $710,000 | $580,000 | -18.3% | 0.1% |
| Magnolia Bank | $275,000 | $550,000 | 100.0% | 0.1% |
| The Federal Savings Bank | $935,000 | $550,000 | -41.2% | 0.1% |
| BETTER MORTGAGE CORPORATION | $2,100,000 | $540,000 | -74.3% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $300,000 | $520,000 | 73.3% | 0.1% |
| CRESCENT MORTGAGE COMPANY | $1,005,000 | $515,000 | -48.8% | 0.1% |
| Trustmark National Bank | $385,000 | $495,000 | 28.6% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $1,350,000 | $485,000 | -64.1% | 0.1% |
| THE MORTGAGE FIRM, INC. | $470,000 | n/a | 0.1% | |
| SOFI LENDING CORP. | $340,000 | $460,000 | 35.3% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $765,000 | $460,000 | -39.9% | 0.1% |
| OPEN MORTGAGE, LLC | $450,000 | n/a | 0.1% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $440,000 | n/a | 0.1% | |
| AmeriHome Mortgage Company, LLC | $1,690,000 | $415,000 | -75.4% | 0.1% |
| CALCON MUTUAL MORTGAGE LLC | $405,000 | n/a | 0.1% | |
| La Capitol Federal Credit Union | $1,275,000 | $405,000 | -68.2% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $400,000 | n/a | 0.1% | |
| T2 FINANCIAL LLC | $395,000 | n/a | 0.1% | |
| First Option Mortgage, LLC | $375,000 | $380,000 | 1.3% | 0.1% |
| DEEPHAVEN MORTGAGE LLC | $365,000 | n/a | 0.1% | |
| HOMESTAR FINANCIAL CORPORATION | $360,000 | n/a | 0.1% | |
| GUARANTEED RATE AFFINITY, LLC | $255,000 | $355,000 | 39.2% | 0.1% |
| PERFORMANCE MORTGAGE LLC | $745,000 | $350,000 | -53.0% | 0.1% |
| AMERICAN FINANCING CORPORATION | $990,000 | $345,000 | -65.2% | 0.1% |
| Baton Rouge Telco Federal Credit Union | $345,000 | n/a | 0.1% | |
| AMERICAN ADVISORS GROUP | $205,000 | $335,000 | 63.4% | 0.1% |
| OCMBC, INC. | $175,000 | $335,000 | 91.4% | 0.1% |
| PHH Mortgage Corporation | $285,000 | $330,000 | 15.8% | 0.1% |
| CSL Financial, LLC | $580,000 | $320,000 | -44.8% | 0.1% |
| Bank of England | $670,000 | $315,000 | -53.0% | 0.1% |
| FirstTrust Home Loans, Inc. | $315,000 | n/a | 0.1% | |
| CHEVRON | $175,000 | $310,000 | 77.1% | 0.0% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $305,000 | n/a | 0.0% | |
| United Community Bank | $2,755,000 | $295,000 | -89.3% | 0.0% |
| Baxter Credit Union | $280,000 | $285,000 | 1.8% | 0.0% |
| Northpointe Bank | $1,260,000 | $285,000 | -77.4% | 0.0% |
| Notre Dame Federal Credit Union Corporation | $275,000 | n/a | 0.0% | |
| Cornerstone First Mortgage, Inc | $265,000 | n/a | 0.0% | |
| ZILLOW HOME LOANS, LLC | $105,000 | $265,000 | 152.4% | 0.0% |
| EFCU FINANCIAL | $225,000 | $260,000 | 15.6% | 0.0% |
| Figure Lending LLC | $90,000 | $260,000 | 188.9% | 0.0% |
| Truist | $1,445,000 | $260,000 | -82.0% | 0.0% |
| VILLAGE CAPITAL MORTGAGE | $2,260,000 | $260,000 | -88.5% | 0.0% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $255,000 | n/a | 0.0% | |
| AMWEST FUNDING CORP. | $245,000 | n/a | 0.0% | |
| NATIONS DIRECT MORTGAGE, LLC | $500,000 | $245,000 | -51.0% | 0.0% |
| U.S. Bank | $300,000 | $245,000 | -18.3% | 0.0% |
| PLAZA HOME MORTGAGE, INC. | $275,000 | $235,000 | -14.5% | 0.0% |
| Texana Bank | $235,000 | n/a | 0.0% | |
| NTFN, INC. | $730,000 | $225,000 | -69.2% | 0.0% |
| PNC Bank | $275,000 | $225,000 | -18.2% | 0.0% |
| b1BANK | $1,095,000 | $215,000 | -80.4% | 0.0% |
| Wilmington Savings Fund Society, FSB | $205,000 | n/a | 0.0% | |
| MORIA DEVELOPMENT, INC. | $195,000 | n/a | 0.0% | |
| NETWORK CAPITAL FUNDING CORPORATION | $175,000 | $195,000 | 11.4% | 0.0% |
| THE NEW ORLEANS FIREMEN'S FEDERAL CREDIT UNION | $190,000 | n/a | 0.0% | |
| ALLIED MORTGAGE GROUP, INC. | $440,000 | $185,000 | -58.0% | 0.0% |
| ASHLAND Credit Union | $185,000 | n/a | 0.0% | |
| CORNERSTONE HOME LENDING, INC. | $185,000 | n/a | 0.0% | |
| COUNTRYPLACE MORTGAGE, LTD. | $145,000 | $180,000 | 24.1% | 0.0% |
| Discover Bank | $170,000 | $175,000 | 2.9% | 0.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $350,000 | $175,000 | -50.0% | 0.0% |
| BOKF | $355,000 | $165,000 | -53.5% | 0.0% |
| Eureka Homestead | $165,000 | n/a | 0.0% | |
| FINANCE OF AMERICA MORTGAGE LLC | $155,000 | n/a | 0.0% | |
| First National Bank | $155,000 | n/a | 0.0% | |
| HOMESPIRE MORTGAGE CORPORATION | $370,000 | $155,000 | -58.1% | 0.0% |
| Mid-Continent Funding, Inc. | $155,000 | n/a | 0.0% | |
| RELIANCE FIRST CAPITAL, LLC | $545,000 | $155,000 | -71.6% | 0.0% |
| SPRING EQ, LLC | $95,000 | $155,000 | 63.2% | 0.0% |
| KEYPOINT | $145,000 | n/a | 0.0% | |
| Armed Forces Bank | $320,000 | $135,000 | -57.8% | 0.0% |
| FirstBank | $165,000 | $135,000 | -18.2% | 0.0% |
| NBKC BANK | $255,000 | $135,000 | -47.1% | 0.0% |
| Veritex Community Bank | $135,000 | n/a | 0.0% | |
| Washington State Bank | $135,000 | n/a | 0.0% | |
| MORTGAGE FINANCIAL SERVICES, LLC | $2,490,000 | $125,000 | -95.0% | 0.0% |
| First National Bank of Omaha | $115,000 | n/a | 0.0% | |
| First South Farm Credit, ACA | $115,000 | n/a | 0.0% | |
| GENEVA FINANCIAL, LLC | $115,000 | n/a | 0.0% | |
| Bank of Zachary | $210,000 | $105,000 | -50.0% | 0.0% |
| KELLER MORTGAGE, LLC | $410,000 | $95,000 | -76.8% | 0.0% |
| State Department Federal Credit Union | $85,000 | n/a | 0.0% | |
| Bank of Tennessee | $65,000 | n/a | 0.0% | |
| Colonial Savings, F.A. | $65,000 | n/a | 0.0% | |
| Guaranty Bank and Trust Company | $65,000 | n/a | 0.0% | |
| GUARANTY HOME MORTGAGE CORPORATION | $245,000 | $65,000 | -73.5% | 0.0% |
| GREATER NEW ORLEANS | $55,000 | n/a | 0.0% | |
| DEPARTMENT OF THE INTERIOR FEDERAL CREDIT UNION | $35,000 | n/a | 0.0% |
HAMMOND's top lender by overall market share is GMFS LLC, with 8.9% market share. In second place, with 5.8%, is Gulf Coast Bank and Trust Company, having originated $35,870,000 in loans. In third place, with 4.8%, is DSLD MORTGAGE, LLC, having originated $29,930,000 in loans. In fourth place, with 4.0%, is MOVEMENT MORTGAGE, LLC, having originated $24,785,000 in loans. In fifth place, with 3.9%, is QUICKEN LOANS, LLC, having originated $23,965,000 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 (0.8%) | $233,981 (-1.6%) | 0.00 | 477 |
| 2018-02-01 | $189,325 (0.8%) | $231,397 (-2.3%) | 0.00 | 488 |
| 2018-03-01 | $189,900 (1.5%) | $231,628 (-2.7%) | 0.00 | 492 |
| 2018-04-01 | $189,950 (0.2%) | $230,842 (-4.8%) | 0.00 | 500 |
| 2018-05-01 | $193,245 (-2.4%) | $232,827 (-2.5%) | 0.00 | 509 |
| 2018-06-01 | $188,928 (-4.1%) | $226,817 (-4.6%) | 0.00 | 546 |
| 2018-07-01 | $189,043 (-2.1%) | $227,426 (-6.2%) | 0.00 | 537 |
| 2018-08-01 | $188,305 (-2.2%) | $227,096 (-5.0%) | 0.00 | 537 |
| 2018-09-01 | $185,000 (-2.6%) | $223,044 (-4.5%) | 0.00 | 567 |
| 2018-10-01 | $186,826 (-2.6%) | $234,214 (-2.5%) | 0.00 | 579 |
| 2018-11-01 | $188,538 (-0.7%) | $235,522 (-2.2%) | 0.00 | 604 |
| 2018-12-01 | $189,305 (-2.9%) | $234,054 (-1.8%) | 0.00 | 615 |
| 2019-01-01 | $183,445 (-3.4%) | $232,389 (-0.7%) | 0.00 | 607 |
| 2019-02-01 | $184,950 (-2.3%) | $234,028 (1.1%) | 0.00 | 605 |
| 2019-03-01 | $186,821 (-1.6%) | $234,677 (1.3%) | 0.00 | 603 |
| 2019-04-01 | $189,625 (-0.2%) | $235,166 (1.9%) | 0.00 | 594 |
| 2019-05-01 | $196,475 (1.7%) | $240,644 (3.4%) | 0.00 | 572 |
| 2019-06-01 | $199,000 (5.3%) | $241,262 (6.4%) | 0.00 | 594 |
| 2019-07-01 | $199,000 (5.3%) | $238,907 (5.1%) | 0.00 | 601 |
| 2019-08-01 | $198,123 (5.2%) | $239,747 (5.6%) | 0.00 | 597 |
| 2019-09-01 | $196,806 (6.4%) | $241,793 (8.4%) | 0.00 | 585 |
| 2019-10-01 | $197,538 (5.7%) | $243,156 (3.8%) | 0.00 | 559 |
| 2019-11-01 | $196,100 (4.0%) | $244,711 (3.9%) | 0.00 | 539 |
| 2019-12-01 | $194,100 (2.5%) | $245,285 (4.8%) | 0.00 | 517 |
| 2020-01-01 | $190,950 (4.1%) | $242,340 (4.3%) | 0.00 | 490 |
| 2020-02-01 | $190,000 (2.7%) | $250,425 (7.0%) | 0.00 | 468 |
| 2020-03-01 | $198,950 (6.5%) | $256,941 (9.5%) | 0.00 | 454 |
| 2020-04-01 | $201,900 (6.5%) | $257,768 (9.6%) | 0.00 | 450 |
| 2020-05-01 | $207,900 (5.8%) | $260,230 (8.1%) | 0.00 | 391 |
| 2020-06-01 | $223,900 (12.5%) | $278,538 (15.5%) | 0.00 | 317 |
| 2020-07-01 | $224,750 (12.9%) | $276,927 (15.9%) | 0.00 | 299 |
| 2020-08-01 | $224,900 (13.5%) | $273,428 (14.1%) | 0.00 | 284 |
| 2020-09-01 | $228,190 (16.0%) | $277,080 (14.6%) | 0.00 | 269 |
| 2020-10-01 | $220,000 (11.4%) | $285,448 (17.4%) | 0.00 | 228 |
| 2020-11-01 | $229,000 (16.8%) | $296,914 (21.3%) | 0.00 | 216 |
| 2020-12-01 | $234,475 (20.8%) | $311,754 (27.1%) | 0.00 | 204 |
| 2021-01-01 | $235,000 (23.1%) | $318,152 (31.3%) | 0.00 | 176 |
| 2021-02-01 | $234,170 (23.3%) | $334,900 (33.7%) | 0.00 | 157 |
| 2021-03-01 | $236,750 (19.0%) | $335,953 (30.8%) | 0.00 | 156 |
| 2021-04-01 | $237,250 (17.5%) | $336,238 (30.4%) | 0.00 | 153 |
| 2021-05-01 | $240,000 (15.4%) | $351,978 (35.3%) | 0.00 | 147 |
| 2021-06-01 | $265,000 (18.4%) | $371,407 (33.3%) | 0.00 | 143 |
| 2021-07-01 | $267,000 (18.8%) | $357,443 (29.1%) | 0.00 | 152 |
| 2021-08-01 | $256,950 (14.3%) | $345,695 (26.4%) | 0.00 | 164 |
| 2021-09-01 | $267,225 (17.1%) | $361,991 (30.7%) | 0.00 | 151 |
| 2021-10-01 | $264,058 (20.0%) | $365,974 (28.2%) | 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%) | $343,490 (-3.9%) | 0.00 | 225 |
| 2022-08-01 | $260,500 (1.4%) | $331,760 (-4.0%) | 0.00 | 237 |
| 2022-09-01 | $258,942 (-3.1%) | $327,793 (-9.5%) | 0.00 | 259 |
| 2022-10-01 | $250,000 (-5.3%) | $318,620 (-12.9%) | 0.00 | 284 |
| 2022-11-01 | $252,450 (1.7%) | $310,623 (-11.3%) | 0.00 | 277 |
| 2022-12-01 | $259,900 (4.3%) | $303,677 (-15.3%) | 0.00 | 274 |
| 2023-01-01 | $260,290 (9.0%) | $298,565 (-16.8%) | 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 | $276,250 (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 (-2.3%) | 0.00 | 278 |
| 2023-08-01 | $279,375 (7.3%) | $341,391 (2.9%) | 0.00 | 303 |
HAMMOND's median listing price for 2023-08-01 was $279,375, a difference of
$18,875
(7.3%) versus the prior year and
$1,375 versus the prior month.
HAMMOND's median listing price comes in at 0% of the national average.
HAMMOND's average listing price for 2023-08-01 was $341,391, a difference of $9,631 (2.9%) versus the prior year and $5,826 versus the prior month.
For the 2023-08-01 period, HAMMOND had 303 MLS listings, a difference of 25 listings (9%) versus the prior month and 66 listings (28%) versus the prior year.
HAMMOND's median listing price comes in at 0% of the national average.
HAMMOND's average listing price for 2023-08-01 was $341,391, a difference of $9,631 (2.9%) versus the prior year and $5,826 versus the prior month.
For the 2023-08-01 period, HAMMOND had 303 MLS listings, a difference of 25 listings (9%) versus the prior month and 66 listings (28%) 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 | 1,848 sqft |
| 2018-02-01 | 0 days | 1,831 sqft |
| 2018-03-01 | 0 days | 1,858 sqft |
| 2018-04-01 | 0 days | 1,855 sqft |
| 2018-05-01 | 0 days | 1,880 sqft |
| 2018-06-01 | 0 days | 1,858 sqft |
| 2018-07-01 | 0 days | 1,843 sqft |
| 2018-08-01 | 0 days | 1,840 sqft |
| 2018-09-01 | 0 days | 1,803 sqft |
| 2018-10-01 | 0 days | 1,788 sqft |
| 2018-11-01 | 0 days | 1,774 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 | 1,866 sqft |
| 2019-07-01 | 0 days | 1,859 sqft |
| 2019-08-01 | 0 days | 1,855 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 | 1,858 sqft |
| 2020-02-01 | 0 days | 1,858 sqft |
| 2020-03-01 | 0 days | 1,882 sqft |
| 2020-04-01 | 0 days | 1,882 sqft |
| 2020-05-01 | 0 days | 1,893 sqft |
| 2020-06-01 | 0 days | 1,997 sqft |
| 2020-07-01 | 0 days | 2,012 sqft |
| 2020-08-01 | 0 days | 1,983 sqft |
| 2020-09-01 | 0 days | 2,060 sqft |
| 2020-10-01 | 0 days | 1,914 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 | 1,853 sqft |
| 2022-09-01 | 0 days | 1,831 sqft |
| 2022-10-01 | 0 days | 1,808 sqft |
| 2022-11-01 | 0 days | 1,866 sqft |
| 2022-12-01 | 0 days | 1,897 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 |
HAMMOND's median listing age (time on market) for 2023-08-01 was 0 days.
HAMMOND's median square footage for active listings during the 2023-08-01 period was 2,000 sqft. One year prior, the average listing was 1,853 sqft.
HAMMOND's median square footage for active listings during the 2023-08-01 period was 2,000 sqft. One year prior, the average listing was 1,853 sqft.
HAMMOND, LA Average Rent (2023)
Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.
| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 70401 | Hammond, LA | $710 | $710 | $910 | $1,120 | $1,230 |
| 70402 | Hammond, LA | $710 | $710 | $910 | $1,120 | $1,230 |
| 70403 | Hammond, LA | $720 | $780 | $920 | $1,170 | $1,430 |
| 70404 | Hammond, LA | $710 | $710 | $910 | $1,120 | $1,230 |
| 70421 | Hammond, LA | $710 | $710 | $910 | $1,120 | $1,230 |
| 70422 | Hammond, LA | $720 | $780 | $920 | $1,170 | $1,430 |
| 70433 | Hammond, LA | $890 | $1,060 | $1,240 | $1,600 | $1,850 |
| 70435 | Hammond, LA | $820 | $960 | $1,130 | $1,460 | $1,680 |
| 70436 | Hammond, LA | $720 | $780 | $920 | $1,170 | $1,430 |
| 70437 | Hammond, LA | $740 | $870 | $1,020 | $1,310 | $1,510 |
| 70438 | Hammond, LA | $830 | $970 | $1,150 | $1,470 | $1,700 |
| 70442 | Hammond, LA | $630 | $630 | $810 | $1,000 | $1,100 |
| 70443 | Hammond, LA | $720 | $780 | $920 | $1,170 | $1,430 |
| 70444 | Hammond, LA | $720 | $780 | $920 | $1,170 | $1,430 |
| 70446 | Hammond, LA | $640 | $640 | $820 | $1,010 | $1,110 |
| 70451 | Hammond, LA | $710 | $710 | $910 | $1,120 | $1,230 |
| 70454 | Hammond, LA | $740 | $740 | $950 | $1,170 | $1,290 |
| 70455 | Hammond, LA | $690 | $710 | $900 | $1,110 | $1,230 |
| 70456 | Hammond, LA | $720 | $780 | $920 | $1,170 | $1,430 |
| 70462 | Hammond, LA | $720 | $780 | $920 | $1,170 | $1,430 |
| 70465 | Hammond, LA | $670 | $670 | $860 | $1,060 | $1,170 |
| 70466 | Hammond, LA | $720 | $780 | $930 | $1,170 | $1,430 |
2022 Average & Median Rent Data Statistics
HAMMOND, LA average 1BR rent: $775, median: $780
HAMMOND, LA average 2BR rent: $945, median: $920
HAMMOND, LA average 3BR rent: $1,189, median: $1,170
HAMMOND, LA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 2,034 | $460,580,000 | $226,441 |
| Cash Out Refi | 356 | $65,380,000 | $183,652 |
| Refi | 320 | $78,900,000 | $246,563 |
| Other | 118 | $11,150,000 | $94,492 |
| Home Improvement | 72 | $5,850,000 | $81,250 |
Hammond's most frequently cited loan purpose was Home Purchase, with 2,034 originations. The 2nd most popular reason was Cash Out Refi, with 356 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 5-6% | 678 | $150,580,000 | $222,094 |
| 4-5% | 564 | $130,880,000 | $232,057 |
| 3-4% | 535 | $114,585,000 | $214,178 |
| 6-7% | 324 | $64,550,000 | $199,228 |
| 2.5-3% | 177 | $33,855,000 | $191,271 |
| 7-8% | 149 | $23,455,000 | $157,416 |
| Over 8% | 126 | $10,590,000 | $84,048 |
| <2.5% | 68 | $7,290,000 | $107,206 |
During 2022, Hammond's most frequently originated rate bucket was 5-6%, with 678 originations.
Loan Sizing (HAMMOND, LA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 1,243 | $325,845,000 | $262,144 |
| $100k-200k | 1,027 | $158,115,000 | $153,958 |
| $100,000 or less | 484 | $29,770,000 | $61,508 |
| $400k-600k | 105 | $48,735,000 | $464,143 |
| $Over $1MM | 22 | $45,450,000 | $2,065,909 |
| $600k-1000k | 19 | $13,945,000 | $733,947 |
HAMMOND's loan sizing saw the bucket of loans from $200k-400k with 1,243 originations, totaling $325,845,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,509 | $341,565,000 | $226,352 |
| 60-80% | 565 | $119,515,000 | $211,531 |
| 40-60% | 175 | $26,615,000 | $152,086 |
| Under 20% | 132 | $6,820,000 | $51,667 |
| 20-40% | 129 | $12,195,000 | $94,535 |
| Over 100% | 84 | $25,820,000 | $307,381 |
HAMMOND's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,509 originations, totaling $341,565,000 in origination value.