Is Hudson, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Hudson has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $112.5K | $93K | -17.3% |
2 Bedrooms | $268.5K | $215K | -19.9% |
3 Bedrooms | $346K | $377.5K | +9.1% |
4 Bedrooms | $505K | $520K | +3.0% |
5+ Bedrooms | $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 | $220K | $255.6K | +16.2% |
Aurora | $360K | $396.6K | +10.2% |
Twinsburg Township | $318.8K | $330K | +3.5% |
Hudson | $482.4K | $495K | +2.6% |
Macedonia | $295K | $299K | +1.4% |
Housing Supply in Hudson, OH
How many homes are available in Hudson, OH?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
52 | 65 | +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
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 2 | 4 | +100.0% |
3 Bedrooms | 13 | 14 | +7.7% |
4 Bedrooms | 30 | 38 | +26.7% |
5+ Bedrooms | 5 | 7 | +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 2024 | Feb 2024 | CHANGE |
---|---|---|
14 | 15 | +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
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 2023 | Feb 2024 | CHANGE |
---|---|---|
51 Days | 34 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
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.