7331 Forest Ave, Hammond, IN 46324
OFF MARKET

7331 Forest Ave
Hammond, IN 46324

South Hammond
  • 4 Beds
  • 3 Baths
  • 2,230 sqft (on 0.50 acres)

$390,900

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $2,402/mo*
Refinance Your Home

$390,900

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $2,402/mo*
Refinance Your Home
4 Beds
3 Baths
2,230 sqft
(on 0.50 acres)

Home Value

Trulia Estimate
$391K
Since last month
Decreased$4K (-1.1%)
Since last year
Increased$12K (+3.1%)
Since last sale
Increased$117K (+42.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +48% in the last 10 years
MonthEstimated value
2026
August 2026$392K
July 2026$396K
June 2026$387K
May 2026$389K
April 2026$377K
March 2026$376K
February 2026$369K
January 2026$367K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
17525 Maple Ave, Lansing, IL
0.29
Single-Family Home
$275,000
06/22/26
4
2.5
2,300
9 172nd St, Hammond, IN
0.26
Single-Family Home
$282,000
09/22/25
4
2
2,283
220 173rd St, Hammond, IN
0.12
Single-Family Home
$299,000
12/29/25
3
2
2,316
3540 Bernice Rd, Lansing, IL
0.37
Single-Family Home
$205,000
01/24/26
3
2
2,307
7039 Forest Ave, Hammond, IN
0.38
Single-Family Home
$320,000
07/02/26
4
2.5
2,736
7220 Hohman Ave, Hammond, IN
0.19
Single-Family Home
$345,000
10/28/25
3
2
2,296
7426 Park Pl, Hammond, IN
0.20
Single-Family Home
$350,000
07/06/26
5
2
2,454
50 172nd St, Hammond, IN
0.22
Single-Family Home
$282,500
10/31/25
3
1.5
1,854
19 172nd Pl, Hammond, IN
0.20
Single-Family Home
$300,000
07/31/26
4
1.5
1,566
17525 Maple St, Lansing, IL
0.29
Single-Family Home
$135,000
12/09/25
4
3
1,986

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
7304 Hohman Ave, Hammond, IN 46324
0.08
$299,600
3
2
3,622
Off Market
220 173rd St, Hammond, IN 46324
0.12
$299,000
3
2
2,316
Recently Sold
7255 Hohman Ave, Hammond, IN 46324
0.13
$367,400
5
4
-
Off Market
232 173rd Pl, Hammond, IN 46324
0.13
$242,100
3
1.5
1,400
Off Market
7240 S Hohman Ave, Hammond, IN 46324
0.14
$221,700
3
-
1,371
Off Market
7236 Hohman Ave, Hammond, IN 46324
0.15
$289,600
3
2
2,890
Off Market
241 174th St, Hammond, IN 46324
0.15
$240,000
3
1
2,712
Off Market
7405 Meadow Lane Ave, Hammond, IN 46324
0.15
$193,200
3
1
1,680
Recently Sold
233 173rd St, Hammond, IN 46324
0.17
$228,100
3
1.5
2,226
Off Market
8 172nd Pl, Hammond, IN 46324
0.17
$377,800
5
2.5
4,438
Off Market
249 173rd Pl, Hammond, IN 46324
0.18
$219,400
3
1
1,170
Off Market
7220 Hohman Ave, Hammond, IN 46324
0.19
$345,000
3
2
2,296
Recently Sold

Local Information

  • Map ViewExplore the area around 7331 Forest Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1953
Lot Size
0.5 acres
Living Area
2,230 sqft
Price/Sqft
$175
Parking
Garage

About this House

This single-family home is located at 7331 Forest Ave, Hammond, IN. 7331 Forest Ave is in the South Hammond neighborhood in Hammond, IN and in ZIP code 46324. This property has 4 bedrooms, 3 bathrooms and approximately 2,230 sqft of floor space. This property has a lot size of 0.50 acres and was built in 1953.
7331 Forest Ave, Hammond, IN 46324 is a 4 bedroom, 3 bathroom, 2,230 sqft single-family home in South Hammond, built in 1953. It last sold for $275,000 on Dec 21, 2021. It is currently off market. The Trulia Estimate is $390,900, with a rent estimate of $2,309/month.

Home Details for 7331 Forest Ave

Interior Features

Interior Details
BasementNumber of Rooms: 10Types of Rooms: Family Room
Levels, Entrance, & Accessibility
Stories: 1
Heating & Cooling
Air ConditioningCooling System: Central
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1953
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.50 acres

Price and Tax history

DateEventPrice
Dec 21, 2021
Source: N/A
Sold
$275,000

Market trends in Hammond

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$197K
$7.25KMoM
Sale-to-List Price
100.0%
Price per sq ft
$141
$3MoM
Available listings
110
12MoM

Around this home

Neighborhood Overview

South Hammond
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about South Hammond

At least 106 Trulia users voted on each feature.

  • 91 % Say there are sidewalks

  • 87 % Say it's dog friendly

  • 85 % Say yards are well-kept

  • 81 % Say car is needed

  • 79 % Say parking is easy

  • 78 % Say streets are well-lit

  • 65 % Say there's holiday spirit

  • 63 % Say it's quiet

  • 59 % Say people would walk alone at night

  • 58 % Say kids play outside

  • 58 % Say they plan to stay for at least 5 years

  • 53 % Say neighbors are friendly

  • 50 % Say there's wildlife

  • 47 % Say it's walkable to restaurants

  • 38 % Say it's walkable to grocery stores

  • 22 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Ashley Sullivan
    "Some parts are great. Got many parks. Different food options. Pretty safe for the most part. I know there are some parts that are a little sketchy. But a lot of families live here and have been for most of their lives."
    2
    Flag
  • Trulia User
    "I been leaving in this neighborhood for 13 years very quiet nice neighbors would recommend staying in this area. "
    1
    Flag
  • Nakea B.
    "This neighborhood is pretty quiet. The people are friendly. I would recommend the neighborhood to others"
    0
    Flag
  • Alicia L.
    "The community events that make my neighborhood special are the little fairs that go on around the area."
    0
    Flag
  • Trulia User
    "I like my neighborhood and neighbors . It’s quiet and have yet to have any issues that would require one to worry. Yes i wish they invested more into our city, but I do love where I live. "
    0
    Flag
  • S. Bell
    "Lately it's becoming a bad neighborhood. Crime rate is going up especially theft. If you decide to move in hammond call the police department first to know about the area your moving into first. "
    0
    Flag
  • Donnette H. .
    "The area is Very peaceful and near the expressway. There are a lot of nearby stores and restaurants. Friendly neighbors and great school district"
    2
    Flag
  • Raechelpie
    "I believe there are events that happen that are very nice, but I do not attend them. There are community garage sales, events for kids, etc. "
    0
    Flag
  • Smith
    "I’m only a visitor but,I love coming out here in Hammond Indiana it’s quiet, friendly people, you’re not seeing a lot of people standing around, I will say it’s a great place to raise your family."
    0
    Flag
  • Jvilla
    "the majority of schools in Hammond are new and they're having a brand new High School built. sidewalks and streets well-maintained people still keep up with their yards."
    0
    Flag
  • Sissylala1984
    "I love being so close to the highway and to Munster! The new town updates have really made the neighborhood look more appealing "
    0
    Flag
  • Shanni S.
    "Diversity in this area. Clean and friendly neighbors. Good schools. A lot of traffic. Close to everything. Need more local jobs. "
    0
    Flag
  • Velindasmith
    "It’s quiet in Hammond Indiana I’m from Chicago and I love no one‘s even out in the street, and really no game Bangers safe for the kids to grow"
    0
    Flag
  • Ridenour93
    "There is a dog park less than a mile away and convenient shopping. There is some crime in the neighborhood though"
    0
    Flag
  • Toshiyah B.
    "Very diverse but close knit neighborhood. Up and coming areas with a lot of things to do. close to everything including Chicago which is a 30 min drive on average. "
    0
    Flag
  • Jnarantic1 g. c.
    "college bound program. it is a very useful aid to home owners with kids who plan on attending college. your child get money toward college all you need is to be the home owner and your child just needs to complete some community service in the summer. "
    0
    Flag
  • C f.
    "Dog walking is normal in my neighborhood. Everyone cleans up behind themselves dogs are always trained and on leashes as well. "
    0
    Flag
  • Jesusalvarez0422
    "my neighborhood is quite I have good neighbors that are willing to help its safe and there is a bike trial a few houses down"
    0
    Flag
  • Miriam I.
    "I live in this part of Hammond 5 years and never had any problems except a package was missing from my steps but other than that it's all good love I live in north Hammond as well with no problems"
    0
    Flag
  • Diazeliceo
    "Gun shots a lot.........drugs every where . Crack heads always running around . Gary people moving over here more which makes things worse"
    0
    Flag
  • Hattie_mae_andrews35
    "Nothing. It’s basic. Nothing special, but not crappy either. Nice neighborhood, nice neighbors (most of the time)."
    0
    Flag
  • C m. j.
    "This is a historic area with large old homes on large lots. Big old trees and nice sidewalks makes for easy strolling. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 7331 Forest Ave

  • What is 7331 Forest Ave estimated to be worth?
    Trulia's estimated value for 7331 Forest Ave in Hammond, IN is $390,900.
  • What is the price history for 7331 Forest Ave?
    7331 Forest Ave in Hammond, IN last sold for $275,000 in December 2021.
  • Is Hammond a buyer's or seller's market?
    Hammond is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Hammond?
    The median sale price in Hammond is $197K. That is up $7.25K from the prior month.
  • Does 7331 Forest Ave have air conditioning?
    Yes, 7331 Forest Ave in Hammond, IN has air conditioning.
  • How big is the lot at 7331 Forest Ave?
    The lot at 7331 Forest Ave in Hammond, IN is about 0.50 acres (21,780 sq ft).

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Off Market Homes Near 7331 Forest Ave

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