Market Summary

Hammond, Piatt County, IL

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Median Home Price Price

$118,024 $118K

Median Monthly Rent Rent

$1,028 $1K

GRM

10.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Piatt County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets within IL outside of Piatt County

Region Price Rent GRM Display
$131,432 $764 14.0x
$138,038 $1,134 10.0x
$149,407 $1,163 11.0x
$145,857 $1,052 12.0x
$113,339 $1,138 8.0x
$150,794 $1,036 12.0x
$172,510 $997 15.0x
$138,891 $969 12.0x
$204,857 $1,113 15.0x
$98,388 $837 10.0x
$180,812 $1,248 12.0x
$250,924 $1,082 19.0x
$140,318 $2,085 6.0x
$116,424 $1,063 9.0x
$167,405 $925 15.0x
$174,200 $1,234 12.0x
$104,696 $964 9.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of IL

Region Price Rent GRM Display
$316,836 $1,479 18.0x
$274,439 $932 25.0x
$170,916 $1,023 14.0x
$184,018 $1,385 11.0x
$223,364 $1,040 18.0x
$304,903 $1,126 23.0x
$251,287 $1,086 19.0x
$273,838 $1,619 14.0x
$225,605 $1,116 17.0x
$365,020 $1,082 28.0x
$178,099 $1,022 14.0x
$219,253 $970 19.0x
$143,346 $1,304 9.0x
$233,502 $1,050 19.0x
$298,620 $1,043 24.0x
$320,776 $1,071 25.0x
$321,063 $1,314 20.0x
$174,236 $806 18.0x
$251,308 $958 22.0x
$312,671 $1,543 17.0x
$265,007 $1,065 21.0x
$208,828 $1,451 12.0x
$314,251 $1,088 24.0x
$113,448 $955 10.0x
$116,443 $938 10.0x
$201,997 $1,178 14.0x
$226,350 $1,038 18.0x

Home prices

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Monthly rent

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GRM

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Hammond

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Trend Insights

Median Rent in Hammond, IL is $1,028, with MoM change +$11 and YoY change +$102 pointing to positive momentum while volatility is low (std $27).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Hammond, IL.

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Metric
Base market Hammond, IL
Compare market Select a market
Delta vs base
Median rent
$1,028
N/A
Median price
$118,024
N/A
YoY change
+$102
N/A
Price-to-rent
9.6x
Data unavailable
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