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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 22,917, 8,051 total housing units (homes and apartments), and a median house value of $540,668, Hudson real estate is some of the most expensive in Ohio, although Hudson home values aren't among America's most expensive.
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.
The large homes that make up Hudson are primarily owner-occupied ( 87.28%).
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 ( 19.80%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.55%). There's also some housing in Hudson built before 1939 ( 8.90%).
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 5.82% during the period.
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 6.91%, 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 2.24%, which equates to an annual appreciation rate of 9.26%.
Relative to Ohio, our data show that Hudson's latest annual appreciation rate is lower than 80% 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.
$540,668
for Ohio
for nation
8,051
$2,781 / per month