$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 Township, 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 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
$168,950
$111/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,450(+4.0%)
Key Takeaway
Homes in Hudson Township have sold for 4% more than they did a year ago.
Summary: The median home sold price in Hudson Township was $168,950 in October 2024, up 4% from last year, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $279K | - | N/A |
| 2 Bedrooms | $220K | $158K | -28.2% |
| 3 Bedrooms | $152.4K | $153.7K | +0.8% |
| 4 Bedrooms | $195K | $174.9K | -10.3% |
| 5+ Bedrooms | $130K | $177.4K | +36.5% |
Summary: Hudson Township 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 28.2%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes increased by 36.5%.
Median Sold Price Compared To Nearby Cities
| Hudson Township | $162.5K | $168.9K | +4.0% |
| Elmira | $245K | $249.9K | +2.0% |
Housing Supply in Hudson Township, MI
How many homes are available in Hudson Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 18 | -18.2% |
Summary: The Hudson Township real estate market had 18 homes for sale in October 2024, a 18.2% 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 11 | 7 | -36.4% |
| 4 Bedrooms | 9 | 6 | -33.3% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
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 decreased by 36.4%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
2 Homes Were 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 Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Hudson Township in October 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 51 Days | 142 Days | +174.4% |
Summary: Homes in Hudson Township 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 Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Hudson Township; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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