Hudson, Ohio Housing Market Prices
Hudson Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 422% above the Ohio median$726,347
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Median rent 127% above the Ohio median$2,344
Housing Market Overview
| Metric | Hudson | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $726,347 | $139,044 | $248,835 |
| Price Trend (Annual %) | 38.4% | 6.7% | 7.5% |
| Median Gross Rent | $2,344 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 3.3% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Hudson is about 422% higher than in Ohio. Rent is about 127% higher than the Ohio average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Hudson, up about 38.4% and 3.3% a year respectively. Home prices are changing faster.
Median rent in Hudson rose about 19.5% between 2015 and 2024, from $1,961 to $2,344. Over the same span, rent in Ohio rose about 41.7%.
Affordability
On average, housing unit costs 4.2 yearly household incomes in Hudson.
Buying the median-priced home in Hudson costs roughly 25.8 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Hudson. The price-to-rent ratio in Ohio is about 11.2.
| Metric | Hudson | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $726,347 | $139,044 | $248,835 |
| Median Household Income | $174,198 | $71,509 | $80,455 |
| Price-to-Income Ratio | 4.2 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Hudson rose about 211.9%, while median household income rose about 43.8% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Hudson | Ohio Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 85.4% | 61.7% | 58.5% |
| Rental Rate | 11.2% | 30.1% | 31.2% |
| Vacancy Rate | 3.4% | 8.1% | 10.2% |
| Median Tenure (years) | 16.0 | 16.0 | 15.0 |
| Median Year Moved In | 2010 | 2010 | 2011 |
Hudson has a homeownership rate of 85.4%, higher than the Ohio average of 61.7%. Its housing vacancy rate is 3.4%, compared with 8.1% in Ohio.
Housing Stock
| Metric | Hudson | Ohio Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.80 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1981 | 1970 | 1978 |
| Median Number of Rooms | 8.6 | 5.9 | 5.5 |
The typical housing unit in Hudson was built around 1981. On average, 2.8 people live in a home with about 8.6 rooms, staying for about 16.0 years on average.
Hudson, OH Housing Compared With Nearby Cities
How Hudson, OH compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Hudson, OH | 23,060 | $726,347 #1/2 | $2,344 #1/2 | 88.4% #1/2 |
| Stow, OH | 34,221 | $217,614 | $1,212 | 72.0% |
Frequently Asked Questions
Common questions about the housing market in Hudson, Ohio.
What is the median home price in Hudson, Ohio?
The median home price in Hudson, Ohio is $726,347, higher than the Ohio average of $139,044.
What is the average home price in Hudson, Ohio?
The typical home price in Hudson, Ohio, reported as the median sale price, is $726,347. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Hudson, Ohio?
The median gross rent in Hudson, Ohio is $2,344 per month, higher than the Ohio average of $1,033.
What was the median gross rent in Hudson in 2020?
In 2020, the median gross rent in Hudson, Ohio was $1,897 per month.
What is the price-to-rent ratio in Hudson, Ohio?
The price-to-rent ratio in Hudson, Ohio is about 25.8, meaning it would take roughly 25.8 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Hudson.
Are home prices or rent rising faster in Hudson, Ohio?
Both home prices and rent are rising in Hudson, up about 38.4% and 3.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Hudson, Ohio?
85.4% of households in Hudson, Ohio own their home, higher than the Ohio average of 61.7%.
What is the vacancy rate in Hudson, Ohio?
The housing vacancy rate in Hudson, Ohio is 3.4%, lower than the Ohio average of 8.1%.
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