$5,936 Closing Credit*
$499,900
2,216 SqFt
4 Beds
•3 Full Baths, 1 Partial
Roy Frank, Listing Office: Metro Plus Realty, 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 September 2023
At the same time last year, New Hudson was a Seller's Market.
Key Takeaway
New Hudson is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in New Hudson, MI
How much do homes in New Hudson, MI cost?
Median Sold Price
$487,260
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$7,260(+1.5%)
Key Takeaway
Homes in New Hudson have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in New Hudson was $487,260 in September 2024, up 1.5% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $48K | $57K | +18.8% |
| 2 Bedrooms | $520.4K | $494.5K | -5.0% |
| 3 Bedrooms | $440K | $421.2K | -4.3% |
| 4 Bedrooms | $524.9K | $575K | +9.5% |
| 5+ Bedrooms | $550K | $745K | +35.5% |
Summary: New Hudson housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.8%, 2 bedroom homes decreased by 5%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 35.5%.
Median Sold Price Compared To Nearby Cities
| Lyon Charter Township | $539.7K | $575K | +6.5% |
| Milford Charter Township | $465K | $490K | +5.4% |
| New Hudson | $480K | $487.2K | +1.5% |
Housing Supply in New Hudson, MI
How many homes are available in New Hudson, MI?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 25 | 22 | -12.0% |
Summary: The New Hudson real estate market had 22 homes for sale in September 2024, a 12.0% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 18 | 8 | -55.6% |
| 4 Bedrooms | 6 | 11 | +83.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The New Hudson housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 55.6%, 4 bedroom homes increased by 83.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 12 | 3 | -75.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in New Hudson, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in New Hudson in September 2024, down by 75.0% 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 New Hudson, MI
How long does it take to sell a home in New Hudson, MI?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 46 Days | 27 Days | -42.2% |
Summary: Homes in New Hudson had an average of 27 days on market in Sep 2024, down by 42.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was 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 September 2024, 3 homes were sold in New Hudson; 67% of homes were sold within 30 days, 33% 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.