
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 $367,965 in July, 0.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of August 21, the 30-year fixed mortgage rate sits at 6.58%.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: $169,298
- 1-year price change: -4.0%
- 5-year price change: -11.1%

#7. Amite, LA
- Typical home value: $178,779
- 1-year price change: -5.0%
- 5-year price change: -10.8%

#6. Independence, LA
- Typical home value: $185,471
- 1-year price change: -0.6%
- 5-year price change: +4.4%

#5. Tickfaw, LA
- Typical home value: $193,015
- 1-year price change: -2.1%
- 5-year price change: +4.9%

#4. Hammond, LA
- Typical home value: $221,288
- 1-year price change: -0.1%
- 5-year price change: +11.0%

#3. Robert, LA
- Typical home value: $228,940
- 1-year price change: +1.2%
- 5-year price change: +29.7%

#2. Ponchatoula, LA
- Typical home value: $247,081
- 1-year price change: +0.1%
- 5-year price change: +18.4%

#1. Loranger, LA
- Typical home value: $251,014
- 1-year price change: +0.5%
- 5-year price change: +10.7%