Is Hudson Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Hudson Township has remained a Seller's Market.
Housing Prices in Hudson Township, MI
How much do homes in Hudson Township, MI cost?
Median Sold Price
$149,900
$98/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hudson Township was $149,900 in April 2024, down 13.9% from last year, and the median price per square foot was $98.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $119.9K | $142.5K | +18.8% |
3 Bedrooms | $174K | $145K | -16.7% |
4 Bedrooms | $249.9K | $162.5K | -35.0% |
5+ Bedrooms | $160K | $165K | +3.1% |
Summary: Hudson Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.8%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 35%, and 5+ bedroom homes increased by 3.1%.
Median Sold Price Compared To Nearby Cities
Hudson | $150K | $149.9K | -0.1% |
Hudson Township | $174K | $149.9K | -13.9% |
Rollin Township | $320K | $260K | -18.8% |
Housing Supply in Hudson Township, MI
How many homes are available in Hudson Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 31 | +55.0% |
Summary: The Hudson Township real estate market had 31 homes for sale in April 2024, a 55.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 6 | +500.0% |
3 Bedrooms | 10 | 15 | +50.0% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Hudson Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 500%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 7 | +250.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Hudson Township in April 2024, up by 250.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 57% were sold at asking, and 14% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
26 Days | 35 Days | +36.8% |
Summary: Homes in Hudson Township had an average of 35 days on market in Apr 2024, up by 36.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Hudson Township; 43% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.