Welcome to our 70403 real estate data hub, tailored for investors in Hammond, LA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 70403 in Hammond, LA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in TANGIPAHOA PARISH.
Leverage our comprehensive, zip code-specific data to excel in Hammond, LA real estate investing. Uncover the wealth of information available, and position yourself for success in the Hammond property market.
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Location Overview
- Zip Code: 70403
- City: Hammond
- State: LA
- Metro Area: Hammond, LA
- County Name: TANGIPAHOA PARISH
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Real Estate Market Snapshot
- Average Home Price (All Types): $199,923
- Average Home Price (Single Family Homes): $201,615
- Average Monthly Rental Price (All Types): $1,235
- Price-to-Rent Ratio: 13
- Zillow Projected % appreciation from 4/2023-4/2024: -1.7%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,000
- Average 3 Bedroom Section 8 Rental Rates: $1,210
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 16.66
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 13.77
- Number of Units Offered in Section 8 in the County: 222
- Number of Occupied Units in Section 8 in the County: 201
- Percentage of Section 8 Units Occupied in the County: 90.5%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 193.38
- Total % Appreciation since 2000 (Government Data): 83.88
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.75%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 2.13%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 22.34%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 28.26%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 52.09%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 36.59%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -0.29%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%