
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 $365,887 in April, 0.7% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of May 15, the 30-year fixed mortgage rate sits at 6.81%.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: $162,433
- 1-year price change: -1.9%
- 5-year price change: -5.3%

#7. Amite, LA
- Typical home value: $168,130
- 1-year price change: -2.9%
- 5-year price change: -4.4%

#6. Independence, LA
- Typical home value: $179,555
- 1-year price change: +1.9%
- 5-year price change: +6.2%

#5. Tickfaw, LA
- Typical home value: $185,522
- 1-year price change: -0.6%
- 5-year price change: +7.4%

#4. Hammond, LA
- Typical home value: $217,522
- 1-year price change: +0.9%
- 5-year price change: +12.5%

#3. Robert, LA
- Typical home value: $228,263
- 1-year price change: +0.9%
- 5-year price change: +28.4%

#2. Ponchatoula, LA
- Typical home value: $245,753
- 1-year price change: +0.5%
- 5-year price change: +19.2%

#1. Loranger, LA
- Typical home value: $245,836
- 1-year price change: +1.8%
- 5-year price change: +9.7%