$2,968 Closing Credit*
$249,900
1,156 SqFt
3 Beds
•2 Full Baths
Frank Sattler, Listing Office: Fortuna & Associates Real Estate Services LLC
Is Hudson, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Hudson has remained a Seller's Market.
Key Takeaway
Hudson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hudson, MI
How much do homes in Hudson, MI cost?
Median Sold Price
$157,000
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$5,000(-3.1%)
Key Takeaway
Homes in Hudson have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in Hudson was $157,000 in October 2024, down 3.1% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $275K | $151K | -45.1% |
| 3 Bedrooms | $149.9K | $150K | 0.1% |
| 4 Bedrooms | $190K | $174.9K | -7.9% |
| 5+ Bedrooms | $130K | $177.4K | +36.5% |
Summary: Hudson housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 45.1%, 3 bedroom homes increased by 0.1%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes increased by 36.5%.
Median Sold Price Compared To Nearby Cities
| Hudson | $162K | $157K | -3.1% |
| Hudson Township | $162.5K | $156K | -4.0% |
Housing Supply in Hudson, MI
How many homes are available in Hudson, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 15 | -21.1% |
Summary: The Hudson real estate market had 15 homes for sale in October 2024, a 21.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 9 | 5 | -44.4% |
| 4 Bedrooms | 9 | 6 | -33.3% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Hudson 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 decreased by 44.4%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Hudson, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Hudson in October 2024, down by 57.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 51 Days | 142 Days | +174.4% |
Summary: Homes in Hudson had an average of 142 days on market in Oct 2024, up by 174.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hudson are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Hudson; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.