Is Hudson Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hudson Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Hudson Township has remained a Seller's Market.

Key Takeaway

Hudson Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Hudson Township, IL

How much do homes in Hudson Township, IL cost?

Median Sold Price

$330,000

$90/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$14,500(-4.2%)

Key Takeaway

Homes in Hudson Township have sold for 4.2% less than they did a month ago.

Summary: The median home sold price in Hudson Township was $330,000 in October 2024, down 4.2% from last month, and the median price per square foot was $90.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$335K
N/A
4 $334K$317.5K
-4.9%
5+ $355K-
N/A

Summary: Hudson Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Hudson Township
-4.2%
Hudson
-4.2%

Housing Supply in Hudson Township, IL

How many homes are available in Hudson Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
660.0%

Summary: The Hudson Township real estate market had 6 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 33
0.0%
4 21
-50.0%
5+ 11
0.0%

Summary: The Hudson Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hudson Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Hudson Township in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.

Days on Market for Hudson Township, IL

How long does it take to sell a home in Hudson Township, IL?

Average Sale Time

Sep 2024Oct 2024CHANGE
58 Days6 Days-89.7%

Summary: Homes in Hudson Township had an average of 6 days on market in Oct 2024, down by 89.7% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hudson Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Hudson Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Hudson Township, IL

Nearby Markets to Hudson Township, IL

What housing markets are near Hudson Township, IL?