Housing in Ludington, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — December 2025Median Sale Price
$265,000
Median List Price
$360,000
Price Per Sq Ft
$170
Days on Market
58
Active Inventory
24
Months of Supply
2.7
Seller's market
Zillow Home Value
$284,183
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
20.0%
Sale-to-List Ratio
93.7%
Buyer's market
Market Activity
Source: RedfinHomes Sold
9
New Listings
2
Pending Sales
5
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$170
Median List $/SF
$236
Ludington vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Ludington is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$192,800
Median Rent
$824
Total Housing Units
4,476
Vacancy Rate
20.4%
Owner Occupied
58.9%
Renter Occupied
41.1%
Median Property Tax
$2,411
per year
Monthly Cost (w/ Mortgage)
$914
Housing Types
The current median sale price in Ludington, MI is $265,000 according to Redfin data. Homes spend a median of 58 days on the market. 0.0% of homes sold above asking price. The market has 2.7 months of supply. The median price per square foot is $170. The median rent is $824 per month (Census ACS). About 58.9% of housing units are owner-occupied. The median year homes were built is 1959. There are 4,476 total housing units.