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Hammond Mortgage Quotes And Real Estate


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Hammond Mortgage and Real Estate Facts

Overview

Hammond has 32,026 housing units, combining houses, condominiums, and apartments. About 63% of housing units in the city are owner-occupied.

Hammond Mortgage

About 65% of owner-occupied housing units in Hammond have a mortgage of one type or another. Approximately 13% of housing units in the city carry a second mortgage or home equity loan.

Mortgage and interest rate quotes for the Hammond area (or anywhere else you choose in the US) are available, without obligation or credit checks:

Hammond Mortgage Statistics

CategoryValue
Homes With No Mortgage35%
With A Mortgage65%
First Mortgage Only52%
Second Mortgage or Home Equity Loan13%
Second Mortgage Only8%
Home Equity Loan Only5%

Hammond Housing Expenses

CategoryValue
Owner Costs as % of Income17.1%
Median Real Estate Taxes (2000)$565

Hammond Household Size

CategoryValue
Total Occupied32,026
1-Person Households30%
2-Person Households29%
3-Person Households16%
4-Person Households13%
5-Person Households7%
6-Person Households3%
7+-Person Households2%

Hammond Housing Stock

CategoryValue
Median Year Built1951
Median Year Built (Owner Occupied)1949
Median Year Built (Renter Occupied)1955

Hammond Home Heating

CategoryValue
Using Utility Co. Gas Heat96%
Using Bottled/Tank Gas Heat0%
Using Electric Heat2%
Using Oil Heat1%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Hammond Housing Size

CategoryValue
No Bedrooms1%
1 Bedroom2%
2 Bedrooms31%
3 Bedrooms49%
4 Bedrooms14%
5+ Bedrooms3%

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