Oak Crest, Hammond, IN
Oak Crest — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Oak Crest, Hammond, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
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Oak Crest Neighborhood Overview
Oak Crest is a residential neighborhood located in the northern part of Hammond, Indiana. It offers a quiet, suburban atmosphere within the larger urban context of the city. The community is characterized by its established homes and convenient access to major regional amenities.
Lifestyle & Amenities
Residents enjoy a balance of peaceful streets and nearby practical conveniences. The neighborhood is in close proximity to shopping centers, dining options, and essential services in Hammond. Its location provides relatively easy access to the recreational opportunities of the Chicagoland area.
Real Estate Market
The Oak Crest housing market is defined by affordability and a strong sense of ownership. The median home value is $132,900, and the median monthly rent is $1,147. Approximately 66% of residents own their homes, contributing to a stable community environment.
Schools & Education
Oak Crest is served by the School City of Hammond public school district. Families have access to local elementary, middle, and high schools within the district. The area's median household income of $57,683 provides a general context for the community's socioeconomic profile.
Transportation & Connectivity
The neighborhood benefits from excellent connectivity via major roadways like Interstate 80/94 and the Bishop Ford Freeway. This makes commuting to Chicago, other parts of Northwest Indiana, and the region's industrial corridors straightforward. Public transit options are available through the local bus system.
Why Choose Oak Crest
Oak Crest presents an attractive option for homebuyers seeking an affordable, owner-occupied community in Northwest Indiana. Its strategic location offers the tranquility of a neighborhood setting with the economic and recreational benefits of the Chicago metro area. The market data indicates a practical entry point for first-time buyers and those looking for value.
Oak Crest Market Data
| Metric | Value |
|---|---|
| Median Home Price | $133K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $58K |
| Homeownership Rate | 66.4% |
| Renter-Occupied | 33.6% |
| Rental Vacancy Rate | 3.9% |
| Market Type | Seller's |
| Market Tier | Affordable |
| Primary ZIP Code | 46323 |
| 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 Oak Crest, Hammond
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Oak Crest, 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