Is Hudson, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Hudson has remained a Seller's Market.
Housing Prices in Hudson, WI
How much do homes in Hudson, WI cost?
Median Sold Price
$445,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Hudson was $445,000 in March 2024, up 3.5% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $216K | $164.9K | -23.7% |
2 Bedrooms | $275K | $325K | +18.2% |
3 Bedrooms | $400K | $409K | +2.3% |
4 Bedrooms | $500K | $500K | 0.0% |
5+ Bedrooms | $596K | $611K | +2.5% |
Summary: Hudson housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.7%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 2.3%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 2.5%.
Median Sold Price Compared To Nearby Cities
North Hudson | $394K | $430K | +9.1% |
Hudson | $430K | $445K | +3.5% |
Troy | $550K | $545K | -0.9% |
Housing Supply in Hudson, WI
How many homes are available in Hudson, WI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
195 | 201 | +3.1% |
Summary: The Hudson real estate market had 201 homes for sale in March 2024, a 3.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 30 | 29 | -3.3% |
3 Bedrooms | 60 | 59 | -1.7% |
4 Bedrooms | 68 | 72 | +5.9% |
5+ Bedrooms | 35 | 39 | +11.4% |
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 3.3%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 11.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 | 34 | +9.7% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in Hudson in March 2024, up by 9.7% month-over-month. Of the 34 sold homes, 38% were sold under asking, 9% were sold at asking, and 53% were sold over asking.
Days on Market for Hudson, WI
How long does it take to sell a home in Hudson, WI?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
62 Days | 50 Days | -18.9% |
Summary: Homes in Hudson had an average of 50 days on market in Mar 2024, down by 18.9% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 34 homes were sold in Hudson; 29% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.