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Hammond Mortgage Quotes And Real Estate


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Hammond Mortgage and Real Estate Facts

Overview

Hammond has 6,327 housing units, combining houses, condominiums, and apartments. About 51% of housing units in the city are owner-occupied.

Hammond Mortgage

About 57% of owner-occupied housing units in Hammond have a mortgage of one type or another. Approximately 7% 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 Mortgage43%
With A Mortgage57%
First Mortgage Only50%
Second Mortgage or Home Equity Loan7%
Second Mortgage Only6%
Home Equity Loan Only1%

Hammond Housing Expenses

CategoryValue
Owner Costs as % of Income15.9%
Median Real Estate Taxes (2000)$199

Hammond Household Size

CategoryValue
Total Occupied6,327
1-Person Households28%
2-Person Households33%
3-Person Households17%
4-Person Households12%
5-Person Households6%
6-Person Households3%
7+-Person Households2%

Hammond Housing Stock

CategoryValue
Median Year Built1974
Median Year Built (Owner Occupied)1974
Median Year Built (Renter Occupied)1974

Hammond Home Heating

CategoryValue
Using Utility Co. Gas Heat43%
Using Bottled/Tank Gas Heat1%
Using Electric Heat55%
Using Oil Heat0%
Using Coal0%
Using Wood Heating1%
Using Solar Heat0%
Other Heating0%
No Heating0%

Hammond Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom4%
2 Bedrooms19%
3 Bedrooms56%
4 Bedrooms20%
5+ Bedrooms2%

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