Hudsonville, MI49426

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$409,000
4.8% YoY Growth
Median Household Income
$107,000
32.3% 5-Year Growth
Days on Market
38
15.0% Shorter than last year
Home Price Forecast
2.3%
Median Rent
$2,680
15.1% YoY Growth
1-Bed Rent
$940
32.6% YoY Growth
2-Bed Rent
$1,840
1.5% YoY Growth
3-Bed Rent
$2,680
18.2% YoY Growth

Property Listings — Hudsonville, MI

As of Oct '25, Realtor.com reports that the median days on market for a home in Hudsonville, MI is 38. This is a decrease of -15.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$485,000-2.0%
Listing Count
114-6.0%
Listings as % of Homes0.7%-6.0%
Days on Market
38-15.0%
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Demographics — Hudsonville, MI

As of the latest ACS Survey released in 2023, Hudsonville, MI has a population of 40,000, which has increased by 8.9% over the past 5 years. Hudsonville, MI is a popular place for families, as children make up 30.5% of the population. The area has a moderately educated workforce, with 44.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.1% reporting working from home.

MetricLatest CensusYoY % Change
Population
40,0008.9%
% Under 18
30.5%4.5%
% Seniors
13.1%-0.8%
% WFH
10.1%165.8%
% w/ College Degree
44.0%11.1%
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As of the latest ACS Survey released in 2023, Hudsonville, MI is a predominantly white area, with 91.8% of the population identifying as white. The white population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in Hudsonville, MI is hispanic, making up 3.6% of the population. Foreign-born residents account for 3.0% of the population in Hudsonville, MI, and this percentage has increased by 20.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
91.8%-1.2%
% Black
0.8%-20.0%
% Hispanic
3.6%33.3%
% Asian
2.0%100.0%
% Foreign Born
3.0%20.0%
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Mortgage and Risk — Hudsonville, MI

According to HUD data as of 2023, there were 992 mortgage originations in Hudsonville, MI, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Hudsonville, MI. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
992
% Conventional Loans
94.0%
% Government Loans
6.0%
% Investor Loans
2.0%
% Second Loans
0.0%
% Cash Out Refinance
8.0%

Loan Activity

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Rentals and Section 8 — Hudsonville, MI

As of 2024, the percent of homes in Hudsonville, MI under the Section 8 program is 0.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Hudsonville, MI, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
4
Total Units Section 8
4
% Rentals under Section 8
0.4%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$320$940$1,260
2 Bedroom-$410$1,840$1,430
3 Bedroom-$840$2,680$1,840
4 Bedroom-$810$2,900$2,090

Affordability — Hudsonville, MI

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.5
Median Home Price$409,000
Median Household Income$107,000

Hudsonville, MI — ZIP Code Boundary Map

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Frequently Asked Questions