Ludington Real Estate
81 active listings · 188 sold in the past 12mo
$359,900
Median List Price
188
Sold (past 12mo)
64
Avg Days on Market
-4.2%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Active Listings
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Homes for Sale(81)
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For Sale
1/51
$1,425,000
6218 N Loggers Lane, Ludington, MI 49431
3 bd3 ba2,956 sqft0.67 ac
Single Family
For Sale
1/27
$1,170,000
6253 Loggers Lane, Ludington, MI 49431
3 bd2 ba1,365 sqft2.49 ac
Single Family
For Sale
1/55
$1,100,000
6774 Mears Road, Ludington, MI 49431
5 bd4 ba5,140 sqft4.89 ac
Single Family
For Sale
1/35
$949,900
6875 W Illinois Street, Ludington, MI 49431
6 bd4 ba2,627 sqft0.52 ac
Single Family
Under Contract
1/35
$850,000
4745 S Lakeshore Drive, Ludington, MI 49431
4 bd3 ba2,600 sqft2.61 ac
Single Family
For Sale
1/29
$850,000
6292 Grace Avenue, Ludington, MI 49431
2 bd1 ba1,020 sqft0.19 ac
Single Family
For Sale
1/53
$847,000
105 W Danaher Street 401, Ludington, MI 49431
2 bd3 ba1,970 sqft
Condo
Under Contract
1/43
$799,000
5450 W Riverside Drive, Ludington, MI 49431
5 bd4 ba3,798 sqft1.63 ac
Single Family
Under Contract
1/31
$779,500
805 W Loomis Street, Ludington, MI 49431
3 bd3 ba1,985 sqft0.17 ac
Single Family
For Sale
1/18
$750,000
6149 N Loggers Lane, Ludington, MI 49431
1 bd1 ba520 sqft2.29 ac
Single Family
Under Contract
1/44
$695,000
802 W Lowell Street, Ludington, MI 49431
3 bd3 ba2,382 sqft0.27 ac
Single Family
For Sale
1/46
$635,000
1791 Glenwood Road, Ludington, MI 49431
5 bd3 ba2,932 sqft1.38 ac
Single Family
For Sale
1/42
$599,000
105 W Danaher Street 201, Ludington, MI 49431
3 bd3 ba1,940 sqft
Condo
For Sale
1/35
$589,000
5410 W Oak Ridge Road, Ludington, MI 49431
3 bd3 ba1,669 sqft0.93 ac
Single Family
Under Contract
1/50
$555,000
1378 N Lendale Street, Ludington, MI 49431
6 bd5 ba3,527 sqft0.44 ac
Single Family
Under Contract
1/39
$549,000
1161 N Hillside Drive, Ludington, MI 49431
4 bd3 ba2,908 sqft0.72 ac
Single Family
For Sale
1/45
$525,000
6544 W Forest Edge Drive, Ludington, MI 49431
5 bd3 ba2,182 sqft0.98 ac
Single Family
Under Contract
1/49
$500,000
1907 W Sugar Grove Rd, Ludington, MI 49431
14.50 ac
5+ Unit
For Sale
1/11
$499,000
109 W Melendy Street, Ludington, MI 49431
5 bd4 ba2,469 sqft0.23 ac
Single Family
For Sale
1/80
$455,000
906 Mitchell Street, Ludington, MI 49431
5 bd2 ba1,440 sqft0.29 ac
Single Family
For Sale
1/47
$450,000
210 N Lavinia Street, Ludington, MI 49431
0.39 ac
2-4 Unit
For Sale
1/31
$450,000
4646 N Anderson Road, Ludington, MI 49431
3 bd2 ba1,568 sqft50 ac
Single Family
For Sale
1/31
$449,000
3175 W Hansen Road, Ludington, MI 49431
3 bd2 ba3,600 sqft5 ac
Single Family
For Sale
1/25
$439,000
1268 Blue Heron Drive, Ludington, MI 49431
3 bd3 ba2,129 sqft
Condo
Recently Sold(188)
Frequently Asked Questions about Ludington
What is the current real estate inventory in Ludington?
Ludington currently has 81 homes listed for sale. The median asking price is $359,900.
What are home prices like in Ludington?
Homes in Ludington sell for a median of $359,900, drawn from 188 transactions over the past year.
What is the average days on market in Ludington?
The average days on market in Ludington is 64, based on 188 recent transactions.
Which school districts cover Ludington?
Ludington is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Ludington may be zoned for different districts. Check individual listings for the specific school district assignment.
How competitive is the Ludington real estate market?
With 5.2 months of inventory, Ludington is currently a balanced market. This is based on 81 active listings and 188 sales in the past 12 months.
What are property taxes like in Ludington?
Michigan property taxes in Ludington are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
What is the Household Formation Gap in Ludington?
Per U.S. Census ACS data, Ludington has a -4.2% Household Formation Gap over the past 15 years, indicating softening demographic demand. Population declined 7.3%, outpacing the effect of shrinking household sizes (2.16 to 2.09). HFG is a secondary market indicator — local conditions and other factors also influence housing demand.