Is Hudson, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Hudson was a Buyer's Market.
Housing Prices in Hudson, NY
How much do homes in Hudson, NY cost?
Median Sold Price
$494,400
$294/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Hudson was $494,400 in March 2024, up 29.9% from last year, and the median price per square foot was $294.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $307K | $494.4K | +61.0% |
3 Bedrooms | $387K | $450K | +16.3% |
4 Bedrooms | $330K | $800K | +142.4% |
5+ Bedrooms | $995K | $375.2K | -62.3% |
Summary: Hudson housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 61%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 142.4%, and 5+ bedroom homes decreased by 62.3%.
Median Sold Price Compared To Nearby Cities
Athens | $355K | $525K | +47.9% |
Hudson | $380.5K | $494.4K | +29.9% |
Greenport | $886.2K | $900K | +1.6% |
Housing Supply in Hudson, NY
How many homes are available in Hudson, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
30 | 33 | +10.0% |
Summary: The Hudson real estate market had 33 homes for sale in March 2024, a 10.0% increase 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 | 8 | 7 | -12.5% |
3 Bedrooms | 13 | 14 | +7.7% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Hudson 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 decreased by 12.5%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 7 | +250.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Hudson in March 2024, up by 250.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% were sold over asking.
Days on Market for Hudson, NY
How long does it take to sell a home in Hudson, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
19 Days | 76 Days | +304.5% |
Summary: Homes in Hudson had an average of 76 days on market in Mar 2024, up by 304.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Hudson; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.