The housing market in the Hudson, NY Metro Area is booming. The median value of a home is $390,000, which is significantly higher than the US House Median Value of $338,100. Furthermore, the US 1 year House Appreciation rate is 8.27%, but in Hudson, NY Metro Area it has reached 11.28%. This shows that the housing market in this area is growing and becoming increasingly attractive to homebuyers. It appears that investing in properties in this area can be a lucrative endeavor.
The median home cost in Hudson Metro Area is $390,000. Home appreciation the last 10 years has been 62.4%. Home Appreciation in Hudson Metro Area is up 13.1%.
Average Age of Homes
- The median age of Hudson Metro Area real estate is 51 years old
The Rental Market in Hudson Metro Area
- Renters make up 21.5% of the Hudson Metro Area population
- 0.6% of houses and apartments in Hudson Metro Area, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.