Is Hudson, OH 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 February 2023

Since last year, Hudson has remained a Seller'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, OH

How much do homes in Hudson, OH cost?

Median Sold Price

$495,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$12,525(+2.6%)

Key Takeaway

Homes in Hudson have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Hudson was $495,000 in February 2024, up 2.6% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $112.5K$93K
-17.3%
2 $268.5K$215K
-19.9%
3 $346K$377.5K
+9.1%
4 $505K$520K
+3.0%
5+ $700K$660.5K
-5.6%

Summary: Hudson housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.3%, 2 bedroom homes decreased by 19.9%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 5.6%.

Median Sold Price Compared To Nearby Cities

Streetsboro
+16.2%
Aurora
+10.2%
Twinsburg Township
+3.5%
Hudson
+2.6%
Macedonia
+1.4%

Housing Supply in Hudson, OH

How many homes are available in Hudson, OH?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
5265+25.0%

Summary: The Hudson real estate market had 65 homes for sale in February 2024, a 25.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 22
0.0%
2 24
+100.0%
3 1314
+7.7%
4 3038
+26.7%
5+ 57
+40.0%

Summary: The Hudson housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1415+7.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 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. 40% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Hudson in February 2024, up by 7.1% month-over-month. Of the 15 sold homes, 40% were sold under asking, 33% were sold at asking, and 27% were sold over asking.

Days on Market for Hudson, OH

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

Average Sale Time

Feb 2023Feb 2024CHANGE
51 Days34 Days-32.8%

Summary: Homes in Hudson had an average of 34 days on market in Feb 2024, down by 32.8% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 15 homes were sold in Hudson; 53% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 7% 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, OH

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