Is Hudson, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hudson is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Hudson was a Seller's Market.

Key Takeaway

Hudson is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Hudson, MI

How much do homes in Hudson, MI cost?

Median Sold Price

$158,000

$99/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$4,000(-2.5%)

Key Takeaway

Homes in Hudson have sold for 2.5% less than they did a year ago.

Summary: The median home sold price in Hudson was $158,000 in November 2024, down 2.5% from last year, and the median price per square foot was $99.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $199.7K$151K
-24.4%
3 $145K$153.7K
+6.0%
4 $195K$174.9K
-10.3%
5+ $227.5K$29.9K
-86.9%

Summary: Hudson housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24.4%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes decreased by 86.9%.

Median Sold Price Compared To Nearby Cities

Hudson Township
0.4%
Hudson
-2.5%

Housing Supply in Hudson, MI

How many homes are available in Hudson, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1516+6.7%

Summary: The Hudson real estate market had 16 homes for sale in November 2024, a 6.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 57
+40.0%
4 54
-20.0%
5+ 44
0.0%

Summary: The Hudson housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hudson, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Hudson in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Hudson, MI

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

Average Sale Time

Nov 2023Nov 2024CHANGE
65 Days65 Days0.0%

Summary: Homes in Hudson had an average of 65 days on market in Nov 2024, the same as last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Hudson; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 20 Days Ago

Newest Listings in Hudson, MI

Nearby Markets to Hudson, MI