Hudson, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Hudson Neighborhoods Since 2000




Hudson, OH 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 22,437 people, 7,834 houses or apartments, and a median cost of homes of $329,679, Hudson house prices are not only among the most expensive in Ohio, Hudson real estate also is some of the most expensive in all of America.

Hudson is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Hudson than is found in 98% of the communities in America.

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 84.59% of Hudson's homes, and 74.09% 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 ( 20.97%). A lesser amount of the housing stock also hails from before 1939 ( 7.79%). There's also some housing in Hudson built between 2000 and later ( 5.67%).

Hudson Home Appreciation Rates

Appreciation rates for homes in Hudson have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 5.75%, which ranks in the top 40% nationwide. This equates to an annual average Hudson house appreciation rate of 0.56%.

Over the last year, Hudson appreciation rates have trailed the rest of the nation. In the last twelve months, Hudson's appreciation rate has been 1.48%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Hudson were at 0.81%, which equates to an annual appreciation rate of 3.28%.

Relative to Ohio, our data show that Hudson's latest annual appreciation rate is lower than 60% of the other cities and towns in Ohio.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Hudson differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Hudson - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Hudson real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$329,679

Hudson, OH HOME PRICES

Value Range
> $1,099,000 0.7
$825,001 - $1,099,000 2.4
$550,001 - $825,000 7.2
$440,001 - $550,000 13.1
$330,001 - $440,000 24.6
$220,001 - $330,000 35.6
$110,001 - $220,000 12.2
$55,001 - $110,000 1.5
$0 - $55,000 2.7

Very High for OH
Very High for Nation

Value Relative to Nation Value Relative to State
13.740771123872 3.93700787401575

Number Of Homes And Apartments:
7,834

Hudson Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
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
22.57% 1.19% 8 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,404 / per month

Homeownership Rate

Homeownership
Owners 84.59
Renters 15.41
Vacant 2.55

Housing Market Details

 

Age of Homes

AGE OF Hudson HOMES
2000 or Newer 5.7
1970 - 1999 65.6
1940 - 1969 21.0
1939 or Older 7.8

Types of Homes

TYPE OF Hudson HOMES
Single-Family 85.4
Townhomes 4.2
Small Apt. Buildings 2.5
Apt. Complexes 7.4
Mobile Homes 0.6
Other 0.0

Home Size

SIZE OF Hudson HOMES
No Bedroom 1.17
1 Bedroom 2.75
2 Bedrooms 10.40
3 Bedrooms 16.27
4 Bedrooms 57.82
5 or more bedrooms 11.59