Is Hudson, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Hudson was a Seller's Market.
Housing Prices in Hudson, NY
How much do homes in Hudson, NY cost?
Median Sold Price
$420,000
$301/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Hudson was $420,000 in May 2024, down 6.7% from last year, and the median price per square foot was $301.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $329K | $494.4K | +50.3% |
3 Bedrooms | $450K | $369.5K | -17.9% |
4 Bedrooms | $750K | $800K | +6.7% |
5+ Bedrooms | $270K | $375.2K | +39.0% |
Summary: Hudson housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 50.3%, 3 bedroom homes decreased by 17.9%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 39%.
Median Sold Price Compared To Nearby Cities
Greenport | $850K | $895K | +5.3% |
Hudson | $450K | $420K | -6.7% |
Housing Supply in Hudson, NY
How many homes are available in Hudson, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
32 | 48 | +50.0% |
Summary: The Hudson real estate market had 48 homes for sale in May 2024, a 50.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 16 | 19 | +18.8% |
4 Bedrooms | 9 | 14 | +55.6% |
5+ Bedrooms | 4 | 10 | +150.0% |
Summary: The Hudson housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 55.6%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Hudson in May 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Hudson, NY
How long does it take to sell a home in Hudson, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
34 Days | 30 Days | -10.7% |
Summary: Homes in Hudson had an average of 30 days on market in May 2024, down by 10.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Hudson; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.