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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Hudson Falls, NY Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Hudson Falls, NY Housing Market Trends

With a population of 7,416, 3,537 total housing units (homes and apartments), and a median house value of $226,945, house prices in Hudson Falls are solidly below the national average.

Single-family detached homes are the single most common housing type in Hudson Falls, accounting for 59.75% of the village's housing units. Other types of housing that are prevalent in Hudson Falls include duplexes, homes converted to apartments or other small apartment buildings ( 22.45%), large apartment complexes or high rise apartments ( 15.83%), and a few row houses and other attached homes ( 1.97%).

People in Hudson Falls primarily live in small (one, two or no bedroom) single-family detached homes. Hudson Falls has a mixture of owner-occupied and renter-occupied housing.

The housing in Hudson Falls was primarily built before 1939 ( 39.90%), making the housing stock in Hudson Falls some of the oldest overall in America, although there is a range of ages of homes in Hudson Falls. The next most important housing age is between 1940-1969 ( 33.75%), followed by between 2000 and later ( 16.71%). There's also some housing in Hudson Falls built between 1970-1999 ( 9.63%).

Vacant housing appears to be an issue in Hudson Falls. Fully 10.57% of the housing stock is classified as vacant. Left unchecked, vacant Hudson Falls homes and apartments can be a drag on the real estate market, holding Hudson Falls 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.

Hudson Falls Home Appreciation Rates

Real estate appreciation rates in Hudson Falls's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.61% during the period.

Appreciation rates are so strong in Hudson Falls that despite a nationwide downturn in the housing market, Hudson Falls real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Hudson Falls appreciation rates continue to be some of the highest in America, at 8.90%, which is higher than appreciation rates in 91.10% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Hudson Falls. Hudson Falls appreciation rates in the latest quarter were at 5.09%, which equates to an annual appreciation rate of 21.97%.

Importantly, this makes Hudson Falls one of the highest appreciating communities in the nation for the latest quarter, and may signal the village's near-future real estate investment strength.

Relative to New York, our data show that Hudson Falls's latest annual appreciation rate is higher than 70% of the other cities and towns in New York.

Average Home Values

Median Home Value

$226,945

Hudson Falls, NY Home Prices
> $1,402,000
$1,051,001 - $1,402,000
$701,001 - $1,051,000
$561,001 - $701,000
$421,001 - $561,000
$280,001 - $421,000
$140,001 - $280,000
$70,001 - $140,000
$0 - $70,000
1.2%
1.2%
1.0%
1.0%
2.1%
2.1%
0.7%
0.7%
0.2%
0.2%
15.7%
15.7%
68.7%
68.7%
3.7%
3.7%
6.6%
6.6%
0% 100.0%
% of Homes
Low

for New york

Average

for nation

Number of Homes And Apartments:

3,537

Hudson Falls Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,375 / per month

Homeownership Rate

Owners
Renters
55.7%
55.7%
44.3%
44.3%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
10.6%
10.6%
89.4%
89.4%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
16.7%
16.7%
9.6%
9.6%
33.8%
33.8%
39.9%
39.9%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
59.7%
59.7%
2.0%
2.0%
22.5%
22.5%
15.8%
15.8%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.8%
0.8%
23.0%
23.0%
29.8%
29.8%
31.6%
31.6%
11.6%
11.6%
3.2%
3.2%
0% 100.0%
% of Homes