Hudson, NY

Population: 6,693
Average annual home appreciation rate: 4.14%
Total of homes for sale in this market: 173
Median home price: $164,784
Median Rent: $641 per room
Home price range: 42.04% of homes are between $92,001 – $184,000
Median sales price: $136,210
Number of homes: 85
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 48.58% of homes are SMALL APARTMENT BUILDINGS
Number of vacant homes: 17.90%
Number of renters: 56.47%
Number of owner occupied: 43.53%
Number people living below poverty level: 24.36%
Unemployment rate: 4.70%
Is this area perfect for real estate deals going on right now? Relative to New York, data shows that Hudson’s latest annual appreciation rate is higher than 90% of the other cities and towns in New York. With this in mind and the combination of the home prices, positive appreciation rates and rental prices, this could be the right recipe for the savvy buy and hold investor.

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