Is Hudson, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hudson is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Hudson was a Buyer's Market.

Key Takeaway

Hudson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

+$113,900(+29.9%)

Key Takeaway

Homes in Hudson have sold for 29.9% more than they did a year ago.

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

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $307K$494.4K
+61.0%
3 $387K$450K
+16.3%
4 $330K$800K
+142.4%
5+ $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
+47.9%
Hudson
+29.9%
Greenport
+1.6%

Housing Supply in Hudson, NY

How many homes are available in Hudson, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3033+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

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 1314
+7.7%
4 79
+28.6%
5+ 23
+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 2024Mar 2024CHANGE
27+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hudson, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

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 2023Mar 2024CHANGE
19 Days76 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

Breakdown of Home Sale Times

Key Takeaway

Most homes in Hudson are taking a long time to sell, it's a good idea to negotiate on homes here.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Hudson, NY

Nearby Markets to Hudson, NY