Hudson, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Hudson Neighborhoods Since 2000




Hudson, NC Real Estate Data

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Hudson Housing Market Information

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.

Hudson Home Appreciation Rates

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.

Average Home Values

 

Median Home Value:
$118,679

Hudson, NC HOME PRICES

Value Range
> $1,057,000 0.0
$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

Low for NC
Low for Nation

Value Relative to Nation Value Relative to State
66.2457517871792 63.4301270417423

Number Of Homes And Apartments:
1,413

Hudson Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NC*
Compared To
America*
Latest Quarter:
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
Since 2000:
2000 Q1 - 2017 Q1
19.00% 1.01% 4 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$744 / per month

Homeownership Rate

Homeownership
Owners 73.98
Renters 26.02
Vacant 22.23

Housing Market Details

 

Age of Homes

AGE OF Hudson HOMES
2000 or Newer 15.1
1970 - 1999 53.1
1940 - 1969 27.3
1939 or Older 4.5

Types of Homes

TYPE OF Hudson HOMES
Single-Family 72.6
Townhomes 0.0
Small Apt. Buildings 13.8
Apt. Complexes 11.4
Mobile Homes 2.1
Other 0.0

Home Size

SIZE OF Hudson HOMES
No Bedroom 0.00
1 Bedroom 6.60
2 Bedrooms 28.18
3 Bedrooms 46.18
4 Bedrooms 17.12
5 or more bedrooms 1.93