44236, Hudson, OH

The 44236 zip code of Hudson, OH is located in the northeast corner of the state. The zip code has a population of just over 10,000 people and an average household income of just over $60,000. Home prices in this zip code have been increasing rapidly in recent years, reaching an all-time high of $269,900 in January 2018. This rapid increase in home prices has led to concerns about the stability of the market and whether it is sustainable.

One reason for the increase in home prices is that there are a lot of homes available for sale in this zip code. In 2017 there were 1,811 homes for sale compared to 1,527 homes available five years earlier. Additionally, many homeowners who have been buying and selling homes for many years have decided to sell their homes at a higher price than they bought them for because they believe that the market will continue to rise.

There are some concerns about the sustainability of this market though. One issue is that there may not be enough new homeowners coming into the area to support continued increases in home prices. Another issue is that some potential home buyers may be unable or unwilling to afford these high prices. If these issues persist then it could lead to a decrease in home values and a decline in economic activity within this area