30Alpha

Ludington, MI metro area Housing Market Brief

metro · MI · as of August 2026

Buyer's

What is Ludington, MI metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+9.033
Inventory Health25%
+1.448
Affordability20%
-19.835
Economic Strength20%
9
Rental Yield15%
-19.220

Where is Ludington, MI metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Ludington, MI metro area is classified as Declining cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Ludington, MI metro area housing market data

MetricValueYoY
Median Sale Price$314K▲ +6.5%
Median Days on Market47 days-22.9%
Months of Supply4.0▲ +17.7%
Homes for Sale157▲ +9.8%
Homes Sold41-4.6%
Median Price / Sq Ft$196▲ +6.2%

How has Ludington, MI metro area’s Alpha Score moved?

Now: 30
12-period trend
Median sale price · 12 mo

Markets like Ludington, MI metro area

Frequently asked questions

Is Ludington, MI metro area a buyer's or seller's market?

As of August 2026, Ludington, MI metro area is classified as a Buyer's Market, based on its Alpha Score of 30 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Ludington, MI metro area?

The median sale price in Ludington, MI metro area is $314K, having risen 6.5% over the past year.

How affordable is Ludington, MI metro area?

Ludington, MI metro area scores 35 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Ludington, MI metro area's Alpha Score?

Ludington, MI metro area's strongest dimension is Inventory Health (48/100) and its weakest is Economic Strength (9/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Ludington, MI metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.