$10,000 Closing Credit*
$1,350,000
2,255 SqFt
4 Beds
•3 Full Baths, 1 Partial
Kathy A Smith, Listing Office: Chuck Jaqua, REALTOR
Is Hudsonville, 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, Hudsonville has remained a Seller's Market.
Key Takeaway
Hudsonville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hudsonville, MI
How much do homes in Hudsonville, MI cost?
Median Sold Price
$407,041
$264/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,231(+4.2%)
Key Takeaway
Homes in Hudsonville have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Hudsonville was $407,041 in October 2024, up 4.2% from last year, and the median price per square foot was $264.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $369.9K | $282.4K | -23.6% |
| 2 Bedrooms | $290K | $295K | +1.7% |
| 3 Bedrooms | $365.7K | $376K | +2.8% |
| 4 Bedrooms | $407.5K | $439.6K | +7.9% |
| 5+ Bedrooms | $499.9K | $551.2K | +10.3% |
Summary: Hudsonville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.6%, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 10.3%.
Median Sold Price Compared To Nearby Cities
| Hudsonville | $390.8K | $407K | +4.2% |
| Jenison | $332.5K | $345K | +3.8% |
| Georgetown Charter Township | $353.5K | $365.2K | +3.3% |
| Jamestown Charter Township | $441K | $450K | +2.0% |
Housing Supply in Hudsonville, MI
How many homes are available in Hudsonville, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 147 | 141 | -4.1% |
Summary: The Hudsonville real estate market had 141 homes for sale in October 2024, a 4.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 20 | 15 | -25.0% |
| 3 Bedrooms | 37 | 45 | +21.6% |
| 4 Bedrooms | 56 | 52 | -7.1% |
| 5+ Bedrooms | 31 | 27 | -12.9% |
Summary: The Hudsonville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 21.6%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 12.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 37 | -15.9% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hudsonville, you may be able to get a good deal. 40.5% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in Hudsonville in October 2024, down by 15.9% month-over-month. Of the 37 sold homes, 41% were sold under asking, 24% were sold at asking, and 35% were sold over asking.
Days on Market for Hudsonville, MI
How long does it take to sell a home in Hudsonville, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 27 Days | +1.8% |
Summary: Homes in Hudsonville had an average of 27 days on market in Oct 2024, up by 1.8% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hudsonville are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 37 homes were sold in Hudsonville; 65% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.