Ludington, MI metro area Housing Market Brief
metro · as of May 2026
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.
Where is Ludington, MI metro area in its market cycle?
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
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $269K | ▼ -12% |
| Median Days on Market | 29 days | ▼ -12.1% |
| Months of Supply | 4.0 | ▲ +33.3% |
| Homes for Sale | 121 | ▼ -2.4% |
| Homes Sold | 30 | ▼ -26.8% |
| Median Price / Sq Ft | $200 | ▼ -5.6% |
| Sale-to-List Ratio | 97.2% | ▼ -2.1% |
How has Ludington, MI metro area’s Alpha Score moved?
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Frequently asked questions
Is Ludington, MI metro area a buyer's or seller's market?
As of May 2026, Ludington, MI metro area is classified as a Buyer's Market, based on its Alpha Score of 38 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 $269K, having fallen 12% over the past year.
How affordable is Ludington, MI metro area?
Ludington, MI metro area scores 43 out of 100 on affordability — moderately affordable 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 Economic Strength (50/100) and its weakest is Rental Yield (17/100). 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.