Is Hammond, LA 70401 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Hammond is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score14/ 100

More competitive than 7% of U.S. ZIP codes, and #134 of 160 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.8Under 4 months = seller’s market

Sold above original list4%Share of sales, last 3 months

Median sale-to-list95.4%Sold price ÷ list price

Median days on market58Listing to accepted offer

Median price per sq ft$144▲ +2.3% vs. last year

Run the numbers for 70401

Prefilled for 70401Can I win this house?Multiple-offer likelihood for a listing Prefilled for 70401Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Amite 70422Buyer’s market $123 /sq ft Hammond 70403Balanced $148 /sq ft Husser 70442 $216 /sq ft Independence 70443Buyer’s market $157 /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology