Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 3,721, 1,413 total housing units (homes and apartments), and a median house value of $118,679, house prices in Hudson are solidly below the national average.
Single-family detached homes are the single most common housing type in Hudson, accounting for 72.65% of the town's housing units. Other types of housing that are prevalent in Hudson include duplexes, homes converted to apartments or other small apartment buildings ( 13.81%), large apartment complexes or high rise apartments ( 11.45%), and a few mobile homes or trailers ( 2.09%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hudson. Owner-occupied housing accounts for 73.98% of Hudson's homes, and 63.29% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Hudson built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Hudson built between 1940-1969 ( 27.30%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.13%). There's also some housing in Hudson built before 1939 ( 4.51%).
Vacant housing appears to be an issue in Hudson. Fully 22.23% of the housing stock is classified as vacant. Left unchecked, vacant Hudson homes and apartments can be a drag on the real estate market, holding Hudson real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Real estate appreciation rates in Hudson's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.18% during the period.
NeighborhoodScout's data show that during the latest twelve months, Hudson's appreciation rate, at 3.90%, has been at or slightly above the national average. In the latest quarter, Hudson's appreciation rate has been -1.33%, which annualizes to a rate of -5.22%.
Notably, Hudson's appreciation rate in the latest quarter is one of the lowest in America.
Relative to North Carolina, our data show that Hudson's latest annual appreciation rate is higher than 60% of the other cities and towns in North Carolina.
|$793,001 - $1,057,000||0.0|
|$528,001 - $793,000||0.0|
|$423,001 - $528,000||1.6|
|$317,001 - $423,000||2.7|
|$211,001 - $317,000||9.0|
|$106,001 - $211,000||48.2|
|$53,001 - $106,000||30.6|
|$0 - $53,000||7.8|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Hudson HOMES|
|2000 or Newer||15.1|
|1970 - 1999||53.1|
|1940 - 1969||27.3|
|1939 or Older||4.5|
|TYPE OF Hudson HOMES|
|Small Apt. Buildings||13.8|
|SIZE OF Hudson HOMES|
|5 or more bedrooms||1.93|