Ludington
Solid value in a growing area
33 homes for sale·Median $265K·Schools 7.3/10
The shoreline here sits right at your doorstep—Lake Michigan is literally adjacent, and Lincoln Lake is just blocks away, so if you're the type who gravitates toward water, you won't need to plan around access. The north side is especially walkable to parks and trails, and there's a skate park practically next door. You've got 36 restaurants within a mile, most of them steps from wherever you land, plus coffee shops the same distance. Homes tend to sit on spacious lots with room to breathe—fenced backyards, oversized properties, the kind of land that makes a basement and workshop feel natural. The architectural mix runs from updated ranch homes with modern kitchens and open layouts to older brick houses with original trim, 12-foot ceilings, and bones worth keeping. A lot of the stock here appeals to people who want move-in-ready or a solid project, and whether you're tucked into a quiet neighborhood corner or a few blocks from the waterfront action, you're still close enough to shopping, schools, and the hospital to handle daily life without much fuss.
Why people love it here
$44K median household income
- $265K median · 84 sales in last 12mo
Ludington High School
- High — 0.3 mi away
- Ludington Area
- 3 rated schools in district
Mortgage Calculator
Median home price in Ludington
Estimated Monthly Payment
$1,799/mo
The interest rate shown is not an annual percentage rate (APR). Rate displayed is the current average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey and is subject to change without notice. This is not a commitment to lend or an offer of credit. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.
Guild Mortgage NMLS #3274. Equal Housing Lender. NMLS Consumer Access
84 homes sold in Ludington this year. Thinking of selling?
See what your home is worthBased on 3 rated schools nearby
Range: 7/10 to 8/10
School District: Ludington Area School District
In 2024, the most common reported offenses in Ludington were larceny / theft (857 per 100,000 residents) and aggravated assault (158 per 100,000 residents), per FBI Uniform Crime Reporting — with a comparison to similar-size Michigan cities below.
No homicides were reported in 2024.
| Offense type | Per 100k residents |
|---|---|
| Larceny / theft | 857 |
| Aggravated assault | 158 |
| Rape | 119 |
| Burglary | 79 |
| Motor-vehicle theft | 13 |
| Arson | 13 |
| Homicide | 0 |
| Robbery | 0 |
How Ludington compares to similar-size Michigan cities
| City | Population | Violent /100k | Property /100k |
|---|---|---|---|
| Greenville | 9,047 | 442 | 2,509 |
| Big Rapids | 7,971 | 389 | 1,468 |
| Ludington | 7,582 | 277 | 963 |
| Hastings | 7,509 | 400 | 1,199 |
| Rockford | 6,184 | 97 | 857 |
Reported offenses per 100,000 residents, Ludington Police Department, FBI Uniform Crime Reporting (2024). Comparison cities are the nearest in population, ordered by size — not ranked by crime. Crime is reported at the jurisdiction level and varies block to block within any community.
To buy a median-priced Ludington home (around $265,000) at today's 6.43% 30-year fixed rate with 20% down, you'd need roughly $43k/year in household income to qualify — an estimated monthly payment of $1,624 (principal, interest, property tax, and insurance).
The typical Ludington household earns $44,471 — above what the median home requires. At that income, a buyer can afford roughly $273,000 with 20% down.
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $1,624/mo | $43,304 |
| 10% (+PMI) | $1,890/mo | $50,388 |
| 5% (+PMI) | $1,978/mo | $52,753 |
Estimates use a 6.43% 30-year fixed rate (current Freddie Mac average), an aggressive ~45% housing-to-income ratio (roughly what FHA underwriting can allow for a buyer with no other monthly debts — your number depends on your debts and credit), this area's median sale price and median property taxes, plus estimated insurance and PMI below 20% down. Not an APR or a commitment to lend — your actual rate and payment will vary.
Land for sale
Listings
8 parcels
Active / pending
Typical Land Value
$428K/acre
Median asking
Median Price
$370K
Per listing
Multifamily for sale
Listings
5 buildings
Active / pending
Median Price
$250K
Per building
Price Per Unit
$113K
Median
Who actually lends in Ludington, and how homes here are financed — from 2024 federal mortgage records.
Loans to buy a home
Most active lenders
Homeowners refinancing an existing mortgage
Most active lenders
Source: 2024 HMDA (CFPB/FFIEC). Neighborhood figures are area-weighted estimates from census-tract data; loan amounts are rounded and all-cash purchases are excluded.
Median Income
$44K
Home Value (Census)
$193K
Flood Risk
None
Not in flood zone
Nearest Park
Levouix Memorial Park
0.4 mi
Parks Nearby
25
within 1 mile
🍕 Restaurants(8)
Keeper's Fish Shack
Fast Food
The Blu Moon
Restaurant
Restaurant
Restaurant
Restaurant
+3 more within 5 miles
☕ Coffee(6)
+3 more within 5 miles
🍺 Bars(7)
+4 more within 5 miles
🌳 Parks(4)
+1 more within 5 miles
🚴 Trails(4)
+1 more within 5 miles
⚡ EV Charging(1)
EV Charging
Frequently asked about Ludington
- What do homes cost in Ludington?
- The median home value in Ludington is about $265,000. Individual prices vary by street, size, and condition.
- How active is the Ludington housing market?
- there are 33 homes for sale in Ludington right now, and 84 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Ludington?
- Ludington is served by Ludington Area School District. Its highest-rated assigned school is Ludington High School (8/10).