Is Hudson Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Hudson Township was a Seller's Market.
Housing Prices in Hudson Township, MI
How much do homes in Hudson Township, MI cost?
Median Sold Price
$156,000
$113/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Hudson Township was $156,000 in March 2024, up 4% from last month, and the median price per square foot was $113.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $175K | - | N/A |
3 Bedrooms | $150K | $225K | +50.0% |
4 Bedrooms | - | $156K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Hudson Township housing prices by bedroom type for March 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 increased by 50%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Hudson Township, MI
How many homes are available in Hudson Township, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 18 | -10.0% |
Summary: The Hudson Township real estate market had 18 homes for sale in March 2024, a 10.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 13 | 9 | -30.8% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Hudson Township housing inventory by bedroom type for March 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 30.8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 3 | -57.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Hudson Township in March 2024, down by 57.1% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% 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
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
72 Days | 68 Days | -5.4% |
Summary: Homes in Hudson Township had an average of 68 days on market in Mar 2024, down by 5.4% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Hudson Township; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.