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 6.97% for the week of 2024-11-27, compared to the national average of 6.81% for the same period.

The average rate for the prior week (2024-11-21) was 6.6% and one month ago for the week of 2024-10-24, the average rate was 6.5%.

Hammond's average rate one year ago was 7.45%.

For refis of the same type during the week of 2024-11-27, the average rate was 7.41%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-11-27 6.81%
Hammond 30 Year Fixed Rate 2024-11-27 6.97%
Hammond 30 Year Fixed Rate Refi 2024-11-27 7.41%
Hammond 15 Year Fixed Rate 2024-11-27 6.2%
Hammond 15 Year Fixed Rate Refi 2024-11-27 6.7%
Hammond 30 Year FHA 2024-11-27 -0.18%
Hammond 30 Year FHA Refi 2024-11-27 0.2%
Hammond 30 Year USDA 2024-11-27 -0.31%
Hammond 30 Year USDA Refi 2024-11-27 0%
Hammond 30 Year VA 2024-11-27 -0.23%
Hammond 30 Year VA Refi 2024-11-27 0.2%
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.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
DSLD MORTGAGE, LLC 83 6.51% $1,089
GMFS LLC 44 6.66% $4,966
Gulf Coast Bank and Trust Company 33 6.53% $6,010
UNITED WHOLESALE MORTGAGE, LLC 28 6.79% $5,903
QUICKEN LOANS, LLC 28 6.71% $7,189
MOVEMENT MORTGAGE, LLC 22 6.62% $5,325
Hancock Whitney Bank 15 6.84% $3,745
FIDELITY BANK 15 7.03% $7,886
JPMorgan Chase Bank 14 6.56% $4,315
EUSTIS AND AMERICAN MORTGAGE COMPANY 12 7.20% $5,907
CROSSCOUNTRY MORTGAGE, LLC 10 6.75% $5,489
DRAPER AND KRAMER MORTGAGE CORP. 9 7.14% $4,977
Regions Bank 9 6.11% $4,604
CARDINAL FINANCIAL 9 6.84% $6,032
Assurance Financial Group, L.L.C. 9 7.18% $4,406
BankPlus 8 7.02% $3,125
PENNYMAC LOAN SERVICES, LLC 6 6.69% $5,245
DHI MORTGAGE COMPANY, LTD. 6 5.96% $3,090
MUTUAL OF OMAHA MORTGAGE, INC. 5 6.52% $6,532
LOANDEPOT.COM, LLC 4 7.09% $7,935
BROKER SOLUTIONS, INC. 4 7.02% $5,282
THE MORTGAGE FIRM, INC. 4 6.97% $5,343
STANDARD MORTGAGE CORPORATION 4 6.88% $4,517
First Horizon Bank 4 6.53% $4,662
MID AMERICA MORTGAGE, INC. 4 7.59% $7,983
Wells Fargo Bank 3 6.08% $4,836
NEWREZ LLC 3 7.83% $5,818
Northpointe Bank 2 6.31% $6,123
PLANET HOME LENDING, LLC 2 7.00% $4,799
DEEPHAVEN MORTGAGE LLC 2 8.56% $13,772
Bank of America 2 5.75% $3,739
FREEDOM MORTGAGE CORPORATION 2 7.56% $6,246
Towne Bank 2 6.44% $4,160
UNION HOME MORTGAGE CORP. 2 6.63% $7,294
La Capitol Federal Credit Union 2 6.44% $3,430
GUARANTEED RATE, INC. 2 6.50% $5,133
AMERISAVE MORTGAGE CORPORATION 2 5.50% $17,959
NTFN, INC. 2 7.31% $4,533
US MORTGAGE CORPORATION 1 5.75% $4,517
Victorian Finance, LLC 1 6.99% $5,692
ALL IN 1 6.75% $4,298
ZILLOW HOME LOANS, LLC 1 6.25% $9,339
AMERICAN FINANCING CORPORATION 1 5.99% $7,607
America's Mortgage Resource, Inc. 1 6.63% $2,827
AmeriHome Mortgage Company, LLC 1 6.88% $4,231
ARC HOME LLC 1 9.13% $14,446
BancorpSouth 1 7.75% $6,622
Bank of England 1 6.88% $9,904
Bank of Tennessee 1 7.63% $2,661
CASTLE & COOKE MORTGAGE, LLC 1 6.99% $7,002
CHEVRON 1 5.63% $2,229
CHURCHILL MORTGAGE CORPORATION 1 7.25% $4,871
Citadel Servicing Corporation 1 11.63% $6,935
Citizens Bank 1 5.88% $15,620
COUNTRYPLACE MORTGAGE, LTD. 1 7.30% $4,025
CREDIT HUMAN FEDERAL CREDIT UNION 1 7.05% $3,484
Discover Bank 1 6.99% $0
Eureka Homestead 1 7.49% $4,341
FEDEX EMPLOYEES CREDIT ASSOCIATION 1 7.13% $2,910
First Federal Bank, A FSB 1 7.50% $7,179
Flagstar Bank, FSB 1 6.08% $4,223
FLAT BRANCH MORTGAGE, INC. 1 6.50% $2,880
Goldwater Bank, N.A. 1 7.38% $6,933
HOMESIDE FINANCIAL, LLC 1 7.13% $7,208
Morgan Stanley Private Bank 1 5.80% $2,453
Mortgage Research Center, LLC 1 6.75% $1,392
Mr. Cooper ( Nationstar Mortgage ) 1 6.38% $6,245
Nations Lending Corporation 1 6.88% $1,999
NAVY FEDERAL CREDIT UNION 1 8.38% $7,351
NBKC BANK 1 6.50% $2,609
Paramount Residential Mortgage Group, Inc. 1 7.38% $5,594
Red River Bank 1 6.00% $2,617
SOUTHWEST STAGE FUNDING, LLC 1 7.60% $5,070
SUN WEST MORTGAGE COMPANY, INC. 1 6.00% $5,229
T2 FINANCIAL LLC 1 6.63% $5,247
The Loan Store, Inc. 1 5.88% $12,073
THE NEW ORLEANS FIREMEN'S FEDERAL CREDIT UNION 1 8.75% $4,579
USAA Federal Savings Bank 1 6.63% $4,818
U.S. Bank 1 6.63% $2,599

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
2024-04-01 $266,500 (2.5%) $320,566 (3.4%) 0.00 315
2024-05-01 $258,950 (-6.3%) $332,216 (4.9%) 0.00 351
2024-06-01 $265,000 (-5.5%) $330,125 (-1.4%) 0.00 360
2024-07-01 $257,500 (-7.4%) $325,789 (-2.9%) 0.00 385
2024-08-01 $259,450 (-7.1%) $326,058 (-4.5%) 0.00 420
2024-09-01 $258,700 (-4.2%) $335,116 (1.8%) 0.00 366
2024-10-01 $260,000 (0.0%) $329,633 (3.6%) 0.00 368
HAMMOND's median listing price for 2024-10-01 was $260,000, a difference of $75 (0.0%) versus the prior year and $1,300 versus the prior month.

HAMMOND's median listing price comes in at 0% of the national average.

HAMMOND's average listing price for 2024-10-01 was $329,633, a difference of $11,541 (3.6%) versus the prior year and $-5,483 versus the prior month.

For the 2024-10-01 period, HAMMOND had 368 MLS listings, a difference of 2 listings (1%) versus the prior month and 57 listings (18%) 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
2024-04-01 0 days 1,819 sqft
2024-05-01 0 days 1,819 sqft
2024-06-01 0 days 1,819 sqft
2024-07-01 0 days 1,819 sqft
2024-08-01 0 days 1,830 sqft
2024-09-01 0 days 1,850 sqft
2024-10-01 0 days 1,861 sqft
HAMMOND's median listing age (time on market) for 2024-10-01 was 0 days.

HAMMOND's median square footage for active listings during the 2024-10-01 period was 1,861 sqft. One year prior, the average listing was 1,888 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.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
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.