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Sunday, June 22, 2025

Hammond home prices rise in the second quarter of 2018

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The median sale price of a home sold in the second quarter of 2018 in Hammond rose by $55,500 while total sales increased by 25%, according to BlockShopper.com.

From April through June of 2018, there were five homes sold, with a median sale price of $91,000 - a 156.3% increase over the $35,500 median sale price for the same period of the previous year. There were four homes sold in Hammond in the second quarter of 2017.

The median sales tax in Hammond for the most recent year with available data, 2017, was $1,329, approximately 1.5% of the median home sale price for the second quarter of 2018.

The following table compares Hammond to other Piatt County cities in the second quarter of 2018:

CityApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
Monticello51502%$139,000$150,050-7.4%
Mansfield62200%$112,000$82,50035.8%
White Heath110%$106,500$84,00026.8%
Hammond5425%$91,000$35,500156.3%
Cerro Gordo550%$86,000$96,000-10.4%
De Land24-50%$85,000$43,00097.7%
Bement11757.1%$71,500$85,000-15.9%
Atwood51400%$47,000$41,90012.2%
LaPlace31200%$20,000$90,000-77.8%
Cisco12-50%$9,000$47,000-80.9%

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