The Eagles took the lead through Christian Benteke but were hauled back in by the hosts when Mark Noble converted from the penalty spot just before half-time.
Hodgson said: "At half-time 1-1 was probably fair, we probably hadn't done enough to deserve that lead.
"We looked dangerous in the second half and threatening but never led to clear-cut goalscoring chances.
Away from home, playing a team that's having a good spell, I am happy with that.
He also confirmed Bakary Sako injured his ankle during the encounter.
He added: "The negative is it looks like we might have lost another player in Bakary Sako. His ankle injury might be serious, that will be a massive blow."