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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hudson Falls is a seller's market

Buyer's
Market

Difference Since June 2023

Since last year, Hudson Falls has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Hudson Falls, NY

How much do homes in Hudson Falls, NY cost?

Median Sold Price

$210,000

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$15,000(+7.7%)

Key Takeaway

Homes in Hudson Falls have sold for 7.7% more than they did a year ago.

Summary: The median home sold price in Hudson Falls was $210,000 in June 2024, up 7.7% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 -$148K
N/A
2 $160K$151K
-5.6%
3 $211.3K$227K
+7.4%
4 $210K$227K
+8.1%
5+ $163.4K$185K
+13.2%

Summary: Hudson Falls housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 13.2%.

Median Sold Price Compared To Nearby Cities

Hudson Falls
+7.7%
Moreau
+1.1%
Kingsbury
0.0%

Housing Supply in Hudson Falls, NY

How many homes are available in Hudson Falls, NY?

Number of Homes For Sale

May 2024Jun 2024CHANGE
4228-33.3%

Summary: The Hudson Falls real estate market had 28 homes for sale in June 2024, a 33.3% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 01
+100.0%
2 42
-50.0%
3 1812
-33.3%
4 118
-27.3%
5+ 95
-44.4%

Summary: The Hudson Falls housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes decreased by 44.4%.

Number of Homes Sold

May 2024Jun 2024CHANGE
116-45.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hudson Falls, 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 Hudson Falls in June 2024, down by 45.5% month-over-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 Hudson Falls, NY

How long does it take to sell a home in Hudson Falls, NY?

Average Sale Time

Jun 2023Jun 2024CHANGE
19 Days12 Days-36.7%

Summary: Homes in Hudson Falls had an average of 12 days on market in Jun 2024, down by 36.7% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hudson Falls are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 6 homes were sold in Hudson Falls; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% 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 15 Days Ago

Newest Listings in Hudson Falls, NY

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