Commercial Real Estate Market in Hammond, LA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
166 active listings and 2,694 off-market properties in Hammond, LA. Commercial property asks $120/SF to buy and $13.00/SF/Yr to lease.
Market Trends
Hammond, LA spans 77.1 square miles in Tangipahoa County, Louisiana. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Hammond, LA has a median asking sale price of $159/SF. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Typical asking range for active listings in Hammond, LA (the middle half): Lease $11.50–$26.34/SF/Yr (median $17.87/SF/Yr, 19 listings); Sale $150–$184/SF (median $159/SF, 13 listings).
Retail
Retail space in Hammond, LA has a median asking sale price of $164/SF (based on 7 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Typical asking range for active listings in Hammond, LA (the middle half): Lease $11.71–$20.51/SF/Yr (median $15.00/SF/Yr, 20 listings).
Industrial
Industrial space in Hammond, LA has a median asking sale price of $101/SF (based on 7 listings). Vacancy runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Typical asking range for active listings in Hammond, LA (the middle half): Lease $8.25–$12.99/SF/Yr (median $11.65/SF/Yr, 15 listings).
Multifamily
Multifamily space in Hammond, LA has a median asking sale price of $108/SF. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Typical asking range for active listings in Hammond, LA (the middle half): Sale $82.75–$125/SF (median $108/SF, 22 listings).
Zoning & Land Use
Land Use Mix share of zoned land by category
- Commercial 46.9%
- Industrial 16.8%
- Residential 12.1%
- Special 9.8%
- Civic 9.1%
- Mixed use 4.8%
- Planned_development 0.5%
Largest Zones share of zoned land by district
Hammond, LA zones 7,968 acres across 24 districts. Commercial zoning covers 46.9% of zoned land, residential 12.1% and industrial 16.8%. The largest single district is Commercial Highway at 13.3%. For commercial buyers the practical constraint is that only 63.8% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Hammond, LA has 52,385 residents in 23,899 households. Density runs 679 people per square mile. Median household income here is $50,732 and median gross rent $986 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Hammond?
How much does it cost to lease commercial space in Hammond?
What zoning applies to commercial property in Hammond?
Where does Realmo's Hammond market data come from?
Methodology & data sources
- Asking prices and medians
- There are 85 active for-sale and 81 active for-lease listings in Hammond, LA. The medians are based on 54 of the for-sale and 51 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 7,968 zoned acres across 24 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
