Is Hudson Bend, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hudson Bend is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Hudson Bend was a Neutral Market.

Key Takeaway

Hudson Bend is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Hudson Bend, TX

How much do homes in Hudson Bend, TX cost?

Median Sold Price

$725,000

$293/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$114,055(+18.7%)

Key Takeaway

Homes in Hudson Bend have sold for 18.7% more than they did a year ago.

Summary: The median home sold price in Hudson Bend was $725,000 in April 2024, up 18.7% from last year, and the median price per square foot was $293.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $200K-
N/A
2 $385.7K$270K
-30.0%
3 $601.8K$630K
+4.7%
4 $850K$952.5K
+12.1%
5+ $2.2M$1.2M
-45.5%

Summary: Hudson Bend housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 30%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes decreased by 45.5%.

Housing Supply in Hudson Bend, TX

How many homes are available in Hudson Bend, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5667+19.6%

Summary: The Hudson Bend real estate market had 67 homes for sale in April 2024, a 19.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 1113
+18.2%
3 2124
+14.3%
4 1721
+23.5%
5+ 57
+40.0%

Summary: The Hudson Bend housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

2 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 Bend, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Hudson Bend in April 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Hudson Bend, TX

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

Average Sale Time

Apr 2023Apr 2024CHANGE
93 Days44 Days-52.7%

Summary: Homes in Hudson Bend had an average of 44 days on market in Apr 2024, down by 52.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 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 Bend are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in Hudson Bend; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 8 Days Ago

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