Ludington, MI

Buyer's market+4.0% YoY

Housing market overview · Updated weekly

$277,500median sale price

Homes sold

4

Last 12 weeks

Days on market

56

Average pace

Active listings

24

6.0 months supply

Sale-to-list

93.3%

Below asking

The Ludington housing market is currently classified as a buyer's market with a median sale price of $277,500. Prices have risen 4.0% compared to last year, with homes spending an average of 56 days on market, indicating 6.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Ludington

There are currently 24 homes listed for sale in Ludington, Michigan. The median listing price is $234K.

Active listings

24

Homes on market

Median list price

$234K

Avg. days on market

56

Days until sale

New this week

4

Newly listed

Price drops:12.5%of listings
Sale-to-list:93.3%

Explore nearby cities in MI

Frequently asked questions

What is the average home price in Ludington?

The median home sale price in Ludington is $277,500, up 4.0% from last year.

How long do homes stay on market in Ludington?

Homes typically spend 56 days on market before going under contract.

Is Ludington a buyer's or seller's market?

With 6.0 months of supply, Ludington is currently a buyer's market.

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