Arizona, Hammond, IN
Arizona — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Arizona, Hammond, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
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Arizona Neighborhood Overview
Arizona is a residential neighborhood located in the city of Hammond, Indiana, within the 46327 ZIP code. It offers a quiet, community-focused atmosphere within the larger Calumet Region. The area provides residents with a classic Midwestern neighborhood feel.
Lifestyle & Amenities
Residents enjoy a lifestyle centered around local parks and neighborhood establishments. The area provides convenient access to essential shopping and dining options along nearby major thoroughfares. Its location within Hammond means larger city amenities and services are readily available.
Real Estate Market
The Arizona neighborhood features an affordable real estate market with a median home value of $107,400. The median monthly rent is $1,063, and a solid majority of residents, 61%, own their homes. This market presents accessible entry points for first-time buyers and investors.
Schools & Education
Families in the Arizona neighborhood are served by the School City of Hammond district. The area is close to several local public schools that cater to students from elementary through high school. Higher education options are available within a short commute in the broader region.
Transportation & Connectivity
Arizona is well-connected by major roads, providing easy access to Interstate 80/94 and the Indiana Toll Road (I-90). This makes commuting to Chicago, Illinois, and other parts of Northwest Indiana straightforward. Public transit options are available through the local bus service.
Why Choose Arizona
Homebuyers choose Arizona for its affordability, stable homeownership rate, and convenient location. The neighborhood offers a balance of residential tranquility and easy access to regional employment centers and interstates. It represents a practical and community-oriented choice within the Hammond area.
Arizona Market Data
| Metric | Value |
|---|---|
| Median Home Price | $107K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $48K |
| Homeownership Rate | 60.8% |
| Renter-Occupied | 39.2% |
| Rental Vacancy Rate | 12.5% |
| Market Type | Buyer's |
| Market Tier | Affordable |
| Primary ZIP Code | 46327 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 200,703 |
| VA Loan Originations | 9,853 |
| VA Loan Share | 0.1% |
| Average VA Loan Amount | $255K |
| Conventional Loan Originations | 166,323 |
| FHA Loan Originations | 24,527 |
Top Real Estate Agents in Arizona, Hammond
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Arizona, Hammond, IN. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Indiana Real Estate Commission (IREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-14