Hudson, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Hudson, TX 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 4,821, 1,446 total housing units (homes and apartments), and a median house value of $149,301, Hudson real estate and house prices are near the national average for all cities and towns.

Mobile homes or trailers are the single most common housing type in Hudson, accounting for 46.27% of the city's housing units. Other types of housing that are prevalent in Hudson include single-family detached homes ( 41.34%), large apartment complexes or high rise apartments ( 9.67%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.79%).

The most prevalent building size and type in Hudson are three and four bedroom dwellings, chiefly found in mobile homes or trailers. The city has a mixture of owners and renters, with 50.19% owning and 49.81% renting.

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 2000 and later ( 28.53%). A lesser amount of the housing stock also hails from between 1940-1969 ( 8.87%). There's also some housing in Hudson built before 1939 ( 2.65%).

Vacant housing appears to be an issue in Hudson. Fully 10.91% 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

In the last 10 years, Hudson has experienced some of the highest home appreciation rates of any community in the nation. Hudson real estate appreciated 30.06% over the last ten years, which is an average annual home appreciation rate of 2.66%, putting Hudson in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Hudson definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Hudson's appreciation rate, at 5.54%, has been at or slightly above the national average. In the latest quarter, Hudson's appreciation rate has been 0.45%, which annualizes to a rate of 1.82%.

Relative to Texas, our data show that Hudson's latest annual appreciation rate is lower than 50% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$149,301

Hudson, TX HOME PRICES

Value Range
> $1,124,000 0.7
$843,001 - $1,124,000 0.0
$562,001 - $843,000 1.0
$449,001 - $562,000 0.9
$337,001 - $449,000 6.2
$225,001 - $337,000 16.8
$112,001 - $225,000 33.7
$56,001 - $112,000 21.2
$0 - $56,000 19.4

High for TX
Average for Nation

Value Relative to Nation Value Relative to State
50.3457166295558 34.0466926070039

Number Of Homes And Apartments:
1,446

Hudson Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
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
64.53% 2.93% 4 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,097 / per month

Homeownership Rate

Homeownership
Owners 50.19
Renters 49.81
Vacant 10.91

Housing Market Details

 

Age of Homes

AGE OF Hudson HOMES
2000 or Newer 28.5
1970 - 1999 60.0
1940 - 1969 8.9
1939 or Older 2.6

Types of Homes

TYPE OF Hudson HOMES
Single-Family 41.3
Townhomes 0.9
Small Apt. Buildings 1.8
Apt. Complexes 9.7
Mobile Homes 46.3
Other 0.0

Home Size

SIZE OF Hudson HOMES
No Bedroom 4.99
1 Bedroom 4.62
2 Bedrooms 30.44
3 Bedrooms 49.17
4 Bedrooms 10.41
5 or more bedrooms 0.37

Popular Neighborhoods in Hudson

Popular Communities Near Hudson, TX

Zip Codes in Hudson, TX