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 12,944 people, 5,602 houses or apartments, and a median cost of homes of $325,086, Hudson real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Hudson, accounting for 60.25% of the town's housing units. Other types of housing that are prevalent in Hudson include mobile homes or trailers ( 27.12%), large apartment complexes or high rise apartments ( 9.53%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.07%).
Dwellings in Hudson tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 66.07% of the homes in Hudson have two or fewer bedrooms.
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 ( 12.59%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.08%).
Vacant housing appears to be an issue in Hudson. Fully 27.94% 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.
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 219.65% over the last ten years, which is an average annual home appreciation rate of 12.32%, 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 5.59%, has been at or slightly above the national average. In the latest quarter, Hudson's appreciation rate has been 0.30%, which annualizes to a rate of 1.19%.
Notably, Hudson's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Florida, our data show that Hudson's latest annual appreciation rate is lower than 50% of the other cities and towns in Florida.
One very important thing to keep in mind is that these are average appreciation rates for the town. 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.
$325,086
for Florida
for nation
5,602
$1,932 / per month