Hudson named seventh-hottest housing market in U.S.
Survey says NH town ‘attracts families looking to escape the busy Boston area’
The Hudson, NH, ZIP code of 03051 is the seventh-hottest housing market in the nation, according to a list issued by Realtor.com.
The list is based on the time it takes properties to sell and how frequently homes are viewed in each ZIP code from April to June, the website, which is operated by the National Association of Realtors, said.
With Hudson, four of the 10 markets – many of them suburbs of large metropolitan areas – on the list are in New England: South Portland, Maine, and Melrose and Worcester in Massachusetts.
According to the Realtors, Hudson, less than an hour’s drive from Boston, attracts “many families looking to escape the busy Boston area head just over the border to the quiet area.” It adds that “locals enjoy a lower cost of living with no state income or sales tax.”
The description, written much like a real estate ad, says the town is “nestled along the Merrimack River” and “offers lots of space with easy access to major freeways that lead to the lakes region, skiing or the seacoast. Visitors and locals with a taste for adrenaline enjoy checking out the local indoor skydiving and surfing facility, as well as outdoor activities like hiking, biking and snowmobiling. “
According to the Realtors, homes in the 03051 area sell in 22 days on average – 22 days faster than the metro average and 46 days faster than the national median.
The median listing price is $350,000, 12% lower than the metro area as a whole. Some 78% percent of Hudson residents are homeowners and millennial homeownership is 33%, according to the Realtors.
The top 10 markets are, in order: Colorado Springs, Colo., followed by Reynoldsburg, Ohio, a suburb of Columbus; Rochester, N.Y.; Melrose; South Portland; Topeka, Kan.; Hudson; Worcester; Springfield, Va., near Washington, D.C.; and Raleigh, N.C.