New Hudson, MI—48165
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New Hudson, MI
As of Oct '25, the median home price in New Hudson, MI is $451,000, with a year-over-year change of 5.7%. This indicates that home prices in New Hudson, MI are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $451,000 | 5.7% |
| Single Family | $443,000 | 5.0% |
| Condos | $467,000 | 7.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $283,000 | 3.3% |
3 Bed | $425,000 | 5.5% |
4 Bed | $516,000 | 5.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Hudson, MI
As of July '25, Rentcast reports the average rent in New Hudson, MI is $2,650, with a year-over-year rent change of 11.3%. Per bedroom, the median rent as of July '25 in New Hudson, MI is 1-bedrooms: $1,390, 2-bedrooms: $2,700, 3-bedrooms: $3,180, 4-bedrooms: $3,500. The most common rental property sizes in New Hudson, MI are 1-bedroom and 2-bedroom, accounting for 36.8% and 26.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,850 | $2,650 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,090 | $1,390 |
| 2 Bed Rent | $2,700 | $2,700 |
| 3 Bed Rent | $3,000 | $3,180 |
| 4 Bed Rent | $3,500 | $3,500 |
% of Rental Stock
Property Listings — New Hudson, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in New Hudson, MI is 43. This is a decrease of -16.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $515,000 | -10.0% |
Listing Count | 48 | 52.0% |
| Listings as % of Homes | 0.4% | 52.0% |
Days on Market | 43 | -16.0% |
Demographics — New Hudson, MI
As of the latest ACS Survey released in 2023, New Hudson, MI has a population of 9,140, which has increased by 20.1% over the past 5 years. New Hudson, MI is a popular place for families, as children make up 26.0% of the population. The area has a highly educated workforce, with 50.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,140 | 20.1% |
% Under 18 | 26.0% | 1.6% |
% Seniors | 14.6% | 25.9% |
% WFH | 16.8% | 394.1% |
% w/ College Degree | 50.8% | 14.2% |
As of the latest ACS Survey released in 2023, New Hudson, MI is a predominantly white area, with 75.7% of the population identifying as white. The white population has shrunk by 19.7% in the last 5 years. The second most common race or ethnicity in New Hudson, MI is asian, making up 11.5% of the population. Foreign-born residents account for 8.4% of the population in New Hudson, MI, and this percentage has increased by 121.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 75.7% | -19.7% |
% Black | 1.8% | 350.0% |
% Hispanic | 7.6% | 192.3% |
% Asian | 11.5% | 945.5% |
% Foreign Born | 8.4% | 121.1% |
Mortgage and Risk — New Hudson, MI
According to HUD data as of 2023, there were 261 mortgage originations in New Hudson, MI, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in New Hudson, MI. Investor activity is low, as 0.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 261 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — New Hudson, MI
New Hudson, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $270 | $1,090 | $1,360 |
| 2 Bedroom | -$980 | $2,700 | $1,720 |
| 3 Bedroom | -$890 | $3,000 | $2,110 |
| 4 Bedroom | -$1,220 | $3,500 | $2,280 |
Affordability — New Hudson, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $451,000 |
| Median Household Income | $106,000 |