Hyde Park, Hammond, IN
Hyde Park — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Hyde Park, Hammond, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
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Hyde Park Neighborhood Overview
Hyde Park is a residential neighborhood in Hammond, Indiana, offering a quiet, community-focused atmosphere. Located with the ZIP code 46320, it provides residents with a balance of suburban living and urban accessibility. The area is characterized by its affordability and proximity to the larger Chicago metropolitan region.
Lifestyle & Amenities
Residents enjoy a lifestyle centered around local parks and neighborhood establishments. The community benefits from its location near major commercial corridors for shopping and dining. Its setting provides convenient access to the recreational opportunities of Northwest Indiana and nearby Chicago.
Real Estate Market
The Hyde Park real estate market is notably affordable, with a median home value of $97,500. The median monthly rent is $832, making it an accessible option for both renters and buyers. A homeownership rate of 43% indicates a mix of owners and renters within the neighborhood.
Schools & Education
Families in Hyde Park are served by the School City of Hammond district. The neighborhood is in close proximity to several public schools catering to different grade levels. Higher education options are available within a short drive in the region.
Transportation & Connectivity
Hyde Park is well-connected by major roads, providing easy car travel throughout Hammond and to nearby interstates. Public transportation options offer routes for commuting within the region. The neighborhood's location facilitates relatively quick access to downtown Chicago.
Why Choose Hyde Park
Hyde Park is an ideal choice for budget-conscious individuals and families seeking an affordable entry into the Chicago area housing market. The neighborhood offers a strong sense of community with the advantages of a convenient location. With a median household income of $34,806, it represents a practical and accessible living option in Lake County.
Hyde Park Market Data
| Metric | Value |
|---|---|
| Median Home Price | $98K |
| Median Gross Rent | $832/mo |
| Median Household Income | $35K |
| Homeownership Rate | 42.7% |
| Renter-Occupied | 57.3% |
| Rental Vacancy Rate | 3.1% |
| Market Type | Seller's |
| Market Tier | Affordable |
| Primary ZIP Code | 46320 |
| 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 Hyde Park, Hammond
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Hyde Park, 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