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Hammond, IN Condo for Sale

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  • 5969 Park Place, Hammond, IN 46320
    5969 Park Place, Hammond, IN 46320
    5969 Park Place, Hammond, IN 46320
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    $339,995

    • 5 Beds
    • 4 Baths
    • 3,560 Sq Ft

    5969 Park Place, Hammond, IN 46320

    Turnkey 4 units in a great quiet neighborhood. The main floor unit is a huge 2 bed unit with a long term resident. Upstairs you'll fine two 1 bed units and a detached 1 bed cottage is behind the building. Super attractive building that is easy to acquire and retain long term tenants. Great cash flow property being offered at nearly an 8 cap.

    Adrien Chabot Listing Leaders Prestige LLC

    5969 Park Place, Hammond, IN 46320
Indiana Hammond

Condos for Sale in Hammond, IN

About Hammond

Thirty miles southeast of Chicago in Indiana, near the shores of Lake Michigan and the Illinois state line, Hammond is a city of adapting to modern times. After the decline of an old shopping mall, the city partnered with the YMCA to build a new recreational center that opened in 2024. The new Hammond Family YMCA -- complete with family pool, fitness center and outdoor water park -- was built over the old mall, next to the Hammond Sportsplex & Community Center, another recent economic development project that created space for more public recre ...

Learn more about living in Hammond

Home Trends in Hammond, IN

On average, homes in Hammond, IN sell after 37 days on the market compared to the national average of 48 days. The average sale price for homes in Hammond, IN over the last 12 months is $183,112, up 6% from the average home sale price over the previous 12 months.

Home Trends

Median Price (12 Mo)
$180,000
Median Single Family Price
$185,000
Median Townhouse Price
$192,500
Median 2 Bedroom Price
$173,500
Average Price Per Sq Ft
$131
Number of Homes for Sale
89
Last 12 months Home Sales
623
Months of Supply
1.70
Median List Price
$195,000
Median Discount From 1st List Price
3%
Median Home Sale Price YoY Change
5%
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