The housing market in Hudson continues to see strong price appreciation, with values up 66.5% compared to last year. Home prices have decreased 24.5% in the past month. With 5 active listings, inventory is 150% higher than seasonal norms. Homes are now taking an average of 22 days to sell, significantly longer than the 2 days typical for this market. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Hudson market with the affordability index at 898.9. Based on current market indicators, home prices in Hudson are projected to decrease by approximately 7.1% over the next month.
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