Is Hudson, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$514,166
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Hudson have sold for 6% more than they did a year ago.
Summary: The median home sold price in Hudson was $514,166 in April 2024, up 6% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $123.5K | $93K | -24.7% |
| 2 Bedrooms | $177K | $195K | +10.2% |
| 3 Bedrooms | $361.9K | $378.2K | +4.5% |
| 4 Bedrooms | $507.5K | $530K | +4.4% |
| 5+ Bedrooms | $650K | $665K | +2.3% |
Summary: Hudson housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.7%, 2 bedroom homes increased by 10.2%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 2.3%.
Median Sold Price Compared To Nearby Cities
| Streetsboro | $222.2K | $255.6K | +15.0% |
| Aurora | $360.3K | $397.1K | +10.2% |
| Twinsburg Township | $313.4K | $335K | +6.9% |
| Hudson | $485K | $514.1K | +6.0% |
| Macedonia | $305.9K | $300K | -1.9% |
Housing Supply in Hudson, OH
How many homes are available in Hudson, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 78 | 80 | +2.6% |
Summary: The Hudson real estate market had 80 homes for sale in April 2024, a 2.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 2 | -60.0% |
| 3 Bedrooms | 13 | 14 | +7.7% |
| 4 Bedrooms | 47 | 49 | +4.3% |
| 5+ Bedrooms | 13 | 15 | +15.4% |
Summary: The Hudson 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 decreased by 60%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 15.4%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 26 | +23.8% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hudson, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.
Summary: A total of 26 homes were sold or pending in Hudson in April 2024, up by 23.8% month-over-month. Of the 26 sold homes, 38% were sold under asking, 15% were sold at asking, and 46% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 44 Days | 42 Days | -3.7% |
Summary: Homes in Hudson had an average of 42 days on market in Apr 2024, down by 3.7% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hudson are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 26 homes were sold in Hudson; 46% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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