Forest-Ivanhoe Historic District, Hammond, IN
Forest-Ivanhoe Historic District — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Forest-Ivanhoe Historic District, Hammond, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
Last verified:
Forest-Ivanhoe Historic District Neighborhood Overview
The Forest-Ivanhoe Historic District is a charming, established neighborhood in Hammond, Indiana, known for its architectural heritage and community spirit. Centered around the intersection of Forest and Ivanhoe Avenues, this area offers residents a distinct sense of place and history. Its location provides a quiet residential feel while remaining conveniently connected to the broader region.
Lifestyle & Amenities
Residents enjoy a neighborhood-oriented lifestyle with tree-lined streets and well-maintained historic homes. The area is primarily residential, fostering a quiet atmosphere perfect for families and long-term residents. Daily conveniences and larger retail centers are accessible with a short drive into surrounding commercial areas of Hammond.
Real Estate Market
The real estate market in Forest-Ivanhoe Historic District is characterized by its historic homes and relative affordability. The median home value is reported at $132,800, with a median monthly rent of approximately $1,061. A solid 69% homeownership rate indicates a stable, invested community of property owners.
Schools & Education
Families in the Forest-Ivanhoe Historic District are served by the School City of Hammond district. The neighborhood's proximity to various local schools provides educational options for children. For higher education, several colleges and universities are located within a reasonable commuting distance in the Chicagoland area.
Transportation & Connectivity
The neighborhood boasts excellent connectivity, with major thoroughfares like Indianapolis Boulevard and the Borman Expressway (I-80/94) easily accessible. This provides straightforward routes to downtown Chicago, which is roughly a 30-minute drive, and other parts of Northwest Indiana. Public transit options are available through the local bus system.
Why Choose Forest-Ivanhoe Historic District
This district is an ideal choice for those seeking historic character, a strong sense of community, and affordable homeownership near a major city. The combination of stable market values, a high rate of owner-occupied homes, and convenient access to Chicago makes it a practical and attractive place to live. It offers a unique blend of quiet neighborhood life and urban accessibility.
Forest-Ivanhoe Historic District Market Data
| Metric | Value |
|---|---|
| Median Home Price | $133K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $58K |
| Homeownership Rate | 68.9% |
| Renter-Occupied | 31.1% |
| Rental Vacancy Rate | 1.5% |
| Market Type | Seller's |
| Market Tier | Affordable |
| Primary ZIP Code | 46324 |
| 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 Forest-Ivanhoe Historic District, Hammond
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Forest-Ivanhoe Historic District, 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