Is Hudson Township, MI 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 November 2023

Since last year, 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, MI

How much do homes in Hudson Township, MI cost?

Median Sold Price

$171,000

$103/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$8,750(+5.4%)

Key Takeaway

Homes in Hudson Township have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in Hudson Township was $171,000 in November 2024, up 5.4% from last year, and the median price per square foot was $103.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $279K-
N/A
2 $199.7K$165.2K
-17.3%
3 $147.4K$166.4K
+12.9%
4 $195K$174.9K
-10.3%
5+ $227.5K$29.9K
-86.9%

Summary: Hudson Township 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 17.3%, 3 bedroom homes increased by 12.9%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes decreased by 86.9%.

Median Sold Price Compared To Nearby Cities

Wilmot Township
+23.5%
Hudson Township
+5.4%
Elmira
+2.0%
Corwith Township
-9.8%

Housing Supply in Hudson Township, MI

How many homes are available in Hudson Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1819+5.6%

Summary: The Hudson Township real estate market had 19 homes for sale in November 2024, a 5.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 78
+14.3%
4 54
-20.0%
5+ 44
0.0%

Summary: The Hudson Township 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 increased by 50%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
440.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hudson Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Hudson Township in November 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Hudson Township, MI

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

Average Sale Time

Nov 2023Nov 2024CHANGE
65 Days65 Days0.0%

Summary: Homes in Hudson Township 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 Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Hudson Township; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 21 Days Ago

Newest Listings in Hudson Township, MI

Nearby Markets to Hudson Township, MI

What housing markets are near Hudson Township, MI?