Hudson Falls, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Hudson Falls Neighborhoods Since 2000




Hudson Falls, NY 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 Falls Housing Market Information

With 7,191 people, 2,832 houses or apartments, and a median cost of homes of $129,429, house prices in Hudson Falls are solidly below the national average.

Single-family detached homes are the single most common housing type in Hudson Falls, accounting for 57.36% of the village's housing units. Other types of housing that are prevalent in Hudson Falls include duplexes, homes converted to apartments or other small apartment buildings ( 27.94%), large apartment complexes or high rise apartments ( 13.28%), and a few row houses and other attached homes ( 1.25%).

The most prevalent building size and type in Hudson Falls are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 53.77% owning and 46.23% renting.

The housing in Hudson Falls was primarily built before 1939 ( 52.10%), making the housing stock in Hudson Falls some of the oldest overall in America, although there is a range of ages of homes in Hudson Falls. The next most important housing age is between 1940-1969 ( 28.36%), followed by between 1970-1999 ( 16.39%). There's also some housing in Hudson Falls built between 2000 and later ( 3.14%).

Hudson Falls Home Appreciation Rates

Real estate appreciation rates in Hudson Falls's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.36% during the period.

Appreciation rates are so strong in Hudson Falls that despite a nationwide downturn in the housing market, Hudson Falls real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Hudson Falls appreciation rates continue to be some of the highest in America, at 7.07%, which is higher than appreciation rates in 81.75% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Hudson Falls. Hudson Falls appreciation rates in the latest quarter were at 2.67%, which equates to an annual appreciation rate of 11.14%.

Importantly, this makes Hudson Falls one of the highest appreciating communities in the nation for the latest quarter, and may signal the village's near-future real estate investment strength.

Relative to New York, our data show that Hudson Falls's latest annual appreciation rate is higher than 90% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$129,429

Hudson Falls, NY HOME PRICES

Value Range
> $996,000 0.0
$748,001 - $996,000 0.0
$498,001 - $748,000 0.4
$399,001 - $498,000 1.1
$299,001 - $399,000 0.5
$200,001 - $299,000 3.3
$100,001 - $200,000 66.8
$50,001 - $100,000 23.4
$0 - $50,000 4.5

Low for NY
Low for Nation

Value Relative to Nation Value Relative to State
60.2015703738427 69.023569023569

Number Of Homes And Apartments:
2,832

Hudson Falls Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
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
52.20% 2.46% 4 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$913 / per month

Homeownership Rate

Homeownership
Owners 53.77
Renters 46.23
Vacant 9.14

Housing Market Details

 

Age of Homes

AGE OF Hudson Falls HOMES
2000 or Newer 3.1
1970 - 1999 16.4
1940 - 1969 28.4
1939 or Older 52.1

Types of Homes

TYPE OF Hudson Falls HOMES
Single-Family 57.4
Townhomes 1.3
Small Apt. Buildings 27.9
Apt. Complexes 13.3
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF Hudson Falls HOMES
No Bedroom 1.67
1 Bedroom 13.86
2 Bedrooms 26.95
3 Bedrooms 41.35
4 Bedrooms 12.16
5 or more bedrooms 4.01