
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 $363,946 in August, 0.0% lower than the year before.
High mortgage rates are also making monthly payments more expensive; as of September 18, the 30-year fixed mortgage rate sits at 6.26%.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: $153,615
- 1-year price change: -3.3%
- 5-year price change: -12.4%

#7. Amite, LA
- Typical home value: $163,937
- 1-year price change: -4.5%
- 5-year price change: -12.6%

#6. Independence, LA
- Typical home value: $177,697
- 1-year price change: -0.8%
- 5-year price change: +3.2%

#5. Tickfaw, LA
- Typical home value: $189,843
- 1-year price change: -1.8%
- 5-year price change: +4.0%

#4. Hammond, LA
- Typical home value: $221,236
- 1-year price change: +0.1%
- 5-year price change: +10.2%

#3. Robert, LA
- Typical home value: $225,320
- 1-year price change: +1.4%
- 5-year price change: +29.2%

#2. Ponchatoula, LA
- Typical home value: $245,029
- 1-year price change: +0.2%
- 5-year price change: +17.9%

#1. Loranger, LA
- Typical home value: $249,213
- 1-year price change: +0.4%
- 5-year price change: +10.8%