Hammond, IL

Full City Profile · Illinois · Moultrie County County

3.7 /5.0
B+ Good
602 Population 792/sq mi density
$73,571 Median Income $30,871 per capita
$104,700 Home Value $145,908 Zillow
$608 Median Rent 19.0% income on rent
53°F Avg Temperature
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$73,571 median income, 19.3% unemployment
A+
Affordability
5.0 / 5.0
$104,700 home value, $608/mo rent
C+
Education
2.8 / 5.0
22.9% bachelor's degree or higher

Housing Overview

Median Home Value
$104,700
63% below
US avg: $281,900
Median Rent
$608/mo
48% below
US avg: $1,163/mo
Homeownership Rate
85.9%
31% above US avg (65.4%)
Total Housing Units
286
Median year built: 1962

Home Value by Source

Census Median
$104,700
Zillow (ZHVI)
$145,908
Redfin Median Sale
$175,000
Median Sale Price
$175,000
Median List Price
$143,700
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

85.9%
Owner-Occupied
14.1%
Renter-Occupied
86%
14%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $608/mo

Market Indicators (Redfin)

Median Sale Price
$175,000
Median Days on Market
165 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$82
Active Inventory
2
homes for sale

Affordability & Housing Stock

Rent Burden
19.0%
of renters spending 30%+ of income on housing
39% below US avg (31.0%)
Median Year Built
1962
Average age of housing stock: 64 years
Homeownership Rate
85.9%

Complete Housing Data

Home Values

Census Median Value$104,700
Zillow Home Value (ZHVI)$145,908
Redfin Median Sale$175,000
Median Sale Price$175,000
Median List Price$143,700
Price Per Sq Ft$82

Rent

Census Median Rent$608
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market165
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Active Inventory2
Price Per Sq Ft$82

Ownership & Stock

Owner-Occupied85.9%
Renter-Occupied14.1%
Homeownership Rate85.9%
Total Housing Units286
Median Year Built1962
Rent Burden19.0%