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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hudson is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Hudson was a Seller's Market.

Key Takeaway

Hudson is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Hudson, IL

How much do homes in Hudson, IL cost?

Median Sold Price

$286,000

$123/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$44,000(-13.3%)

Key Takeaway

Homes in Hudson have sold for 13.3% less than they did a month ago.

Summary: The median home sold price in Hudson was $286,000 in November 2024, down 13.3% from last month, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $335K$286K
-14.6%
4 $317.5K-
N/A
5+ --
N/A

Summary: Hudson housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 14.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Hudson
-13.3%
Hudson Township
-13.3%

Housing Supply in Hudson, IL

How many homes are available in Hudson, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
76-14.3%

Summary: The Hudson real estate market had 6 homes for sale in November 2024, a 14.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 43
-25.0%
4 11
0.0%
5+ 11
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 decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hudson, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Hudson in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Hudson, IL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
6 Days7 Days+16.7%

Summary: Homes in Hudson had an average of 7 days on market in Nov 2024, up by 16.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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, 1 homes were sold in Hudson; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 9 Days Ago

Newest Listings in Hudson, IL

Nearby Markets to Hudson, IL