Market Overview
Home Prices in Hammond, NY
The median home value in Hammond, NY is $182,333 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.4% compared to a year ago and up 5.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hammond are priced56% below average. Hammond is part of the Ogdensburg-Massena, NY metro area.
Over the past five years, Hammond home values have risen by approximately34.5%, reflecting strong long-term appreciation in this market.
Price History
Hammond Home Price Trend
City Comparison
Hammond vs. National Median
At $182,333, homes in Hammond cost 56% below the national median of $410,000. This makes Hammond a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Hammond?
20% Down Payment
$36,467
on $182,333
Monthly P&I
$951/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,208/mo
incl. taxes & insurance
Income Needed
$48,320
gross annual (30% rule)
10% Down Option
$18,233
+ PMI applies
Loan Amount (20% dn)
$145,866
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Hammond, NY?
The median home value in Hammond is $182,333 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.4% year-over-year.
How much have home prices changed in Hammond?
Over the past year, home values in Hammond have increased by 6.4%. Over five years, prices have risen approximately 34.5%.
How much do I need to earn to buy a home in Hammond?
To comfortably afford the median home price of $182,333 with a 20% down payment ($36,467) at today's rates (6.8%), you'd need a gross annual income of approximately $48,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Hammond compare to the national average home price?
The national median home value is approximately $410,000. At $182,333, homes in Hammond are 56% below the national average.
What metro area is Hammond part of?
Hammond is part of the Ogdensburg-Massena, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.