
Cities with the most expensive homes in the Hammond metro area
Cities with the most expensive homes in the Hammond metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.
The typical home value in the United States was $359,741 in March, 1.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of April 17, the 30-year fixed mortgage rate sits at 6.83%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
Stacker compiled a list of cities with the most expensive homes in the Hammond metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 8 cities and towns with data available were included in the list.

#8. Kentwood, LA
- Typical home value: $155,106
- 1-year price change: -0.9%
- 5-year price change: -2.6%

#7. Amite, LA
- Typical home value: $163,846
- 1-year price change: -1.7%
- 5-year price change: -1.5%

#6. Independence, LA
- Typical home value: $177,258
- 1-year price change: +3.4%
- 5-year price change: +7.7%

#5. Tickfaw, LA
- Typical home value: $185,193
- 1-year price change: +0.4%
- 5-year price change: +9.0%

#4. Hammond, LA
- Typical home value: $214,348
- 1-year price change: +1.7%
- 5-year price change: +13.2%

#3. Robert, LA
- Typical home value: $224,910
- 1-year price change: +1.3%
- 5-year price change: +29.0%

#2. Ponchatoula, LA
- Typical home value: $242,098
- 1-year price change: +1.0%
- 5-year price change: +19.9%

#1. Loranger, LA
- Typical home value: $244,867
- 1-year price change: +2.4%
- 5-year price change: +10.6%