Commercial Real Estate Market in Hammond, LA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
444 active listings and 2,699 off-market properties in Hammond, LA. Commercial property asks $68/SF to buy and $14.08/SF/Yr to lease.
Market Trends
Hammond, LA spans 77.1 square miles in Tangipahoa County, Louisiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Hammond, LA asks $90/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail vacancy in Hammond, LA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Hammond, LA runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Hammond, LA asks $130/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
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
Commercial Highway
Single Family Residential
Hammond Airport
Multifamily Residential
Single Family Residential Agriculture
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.
52,385
Population
23,899
Households
2.2
Avg Household Size
34
Median Age
29%
College-Educated
86%
High-School Grad
77.1 sq mi
ZIP Area
679
Density / Sq Mi
$50,732
Median Household Income
$31,220
Median Earnings
$986
Median Rent
$215,550
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Natalbany | — | — |
| Ponchatoula | — | $13.64 |
| Tickfaw | — | — |
| Albany | — | $12.92 |
Commercial property in Hammond, LA asks $68/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Hammond?
Commercial property in Hammond, LA asks an average of $68 per square foot. The 3 most recent recorded sales traded at a median of $150/SF. Multifamily carries the highest asking price at $130/SF.
How much does it cost to lease commercial space in Hammond?
Asking lease rates in Hammond, LA average $14.08 per square foot per year.
What zoning applies to commercial property in Hammond?
Hammond, LA zones 7,968 acres across 24 districts, of which 46.9% is commercial and 16.8% industrial. The largest single district is Commercial Highway at 13.3% of zoned land. Residential zoning covers 12.1% and open space 0%.
Where does Realmo's Hammond market data come from?
Realmo compiles Hammond, LA figures from 7 recent recorded sales, 328 active sale listings, 116 active lease listings, 2,699 tracked off-market properties, the current Hammond zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 328 active for-sale and 116 active for-lease listings in Hammond, LA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- 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 August 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 August 2026 · report a data issue
