$5,758 Closing Credit*
$484,900
2,247 SqFt
4 Beds
•3 Full Baths
Hari K Kakumanu, Listing Office: Community Choice Realty Associates, LLC
Is New Hudson, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, New Hudson was a Neutral Market.
Key Takeaway
New Hudson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in New Hudson, MI
How much do homes in New Hudson, MI cost?
Median Sold Price
$484,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$2,000(-0.4%)
Key Takeaway
The sold price of homes in New Hudson has remained the same since last year.
Summary: The median home sold price in New Hudson was $484,000 in November 2024, down 0.4% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $39.1K | $63.4K | +62.3% |
| 2 Bedrooms | $500.6K | $407K | -18.7% |
| 3 Bedrooms | $440K | $429.9K | -2.3% |
| 4 Bedrooms | $540K | $575K | +6.5% |
| 5+ Bedrooms | $550K | - | N/A |
Summary: New Hudson housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 62.3%, 2 bedroom homes decreased by 18.7%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lyon Charter Township | $550K | $600K | +9.1% |
| Milford Charter Township | $473.5K | $492.5K | +4.0% |
| New Hudson | $486K | $484K | -0.4% |
Housing Supply in New Hudson, MI
How many homes are available in New Hudson, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 25 | +8.7% |
Summary: The New Hudson real estate market had 25 homes for sale in November 2024, a 8.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 3 | +100.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 13 | 15 | +15.4% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The New Hudson housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in New Hudson, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in New Hudson in November 2024, the same as the previous month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.
Days on Market for New Hudson, MI
How long does it take to sell a home in New Hudson, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 86 Days | 9 Days | -89.3% |
Summary: Homes in New Hudson had an average of 9 days on market in Nov 2024, down by 89.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in New Hudson are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in New 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.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.