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Tuesday, June 24, 2025

Hammond home prices fall in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Hammond fell by $40,200 while total sales decreased by 60%, according to BlockShopper.com.

From July through September of 2020, there were two homes sold, with a median sale price of $29,800 - a 57.4% decrease over the $70,000 median sale price for the same period of the previous year. There were five homes sold in Hammond in the third quarter of 2019.

The median sales tax in Hammond for the most recent year with available data, 2017, was $1,329, approximately 4.5% of the median home sale price for the third quarter of 2020.

The following table compares Hammond to other Piatt County cities in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Monticello44417.3%$175,000$164,0006.7%
Mansfield5425%$113,500$123,000-7.7%
Cerro Gordo812-33.3%$110,000$50,500117.8%
De Land12-50%$108,500$40,500167.9%
Atwood42100%$93,000$26,000257.7%
White Heath110%$80,000$180,000-55.6%
LaPlace12-50%$69,000$81,500-15.3%
Bement13862.5%$51,000$60,000-15%
Hammond25-60%$29,800$70,000-57.4%
Cisco00-$0$0-

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