Home prices
The median home price in Hammond is $148,100. It is approximately $20,240 (12%) lower compared to the surrounding areas.It is roughly $69,400 (31%) lower compared to the US as a whole, and is about $103,500 (41%) lower compared to the city of Minneapolis.
Rents
Hammond's median rent is $909 per month. This is approximately $18 (1%) higher in comparison to its nearby areas.It is approximately $153 (14%) lower compared to the country as a whole, and in comparison to the city of Minneapolis is approximately $118 (11%) lower.
Nearby places
Baldwin
Baldwin is roughly 2 miles east from Hammond. The real estate prices there are a little more expensive. The median home in Baldwin costs $160,700, which comes out to $12,600 (7%) higher than Hammond. The rent there is pretty similar. In Baldwin the median rent is $949 per month, which is $40 (4%) higher than Hammond.
Roberts
Roberts is approximately 4 miles west from Hammond. Its real estate prices are a bit more expensive. The cost of the median home in Roberts is $170,900, which works out to $22,800 (13%) higher than Hammond. Rents there are somewhat more expensive. Roberts's median rent is $965 per month, which comes out to $56 (5%) higher than Hammond.
Woodville
Woodville is approximately 6 miles east of Hammond. Real estate prices there are a bit less expensive. Woodville's median home price is $133,000, which works out to $15,100 (11%) lower than Hammond. Its rents are a bit less expensive. The median rent in Woodville is $815 per month, which comes out to $94 (11%) lower than Hammond.
River Falls
River Falls is roughly 10 miles southwest of Hammond. The real estate prices there are a bit more expensive. River Falls's median home value is $197,000, which comes out to $48,900 (24%) higher than Hammond. The rent there is pretty similar. River Falls's median monthly rent is $893, which comes out to $16 (1%) lower than Hammond.
New Richmond
New Richmond is roughly 10 miles northwest of Hammond. The housing prices there are somewhat more expensive. New Richmond's median home cost is $180,100, which is $32,000 (17%) higher than Hammond. Rents there are a bit less expensive. In New Richmond the median rent is $835 a month, which works out to $74 (8%) lower than Hammond.
