Metropolitan Statistical Area (MSA):

Ludington, MI

Ludington, MI is a Metropolitan Statistical Area (MSA) comprising counties including Mason County.

Ludington, MI Real Estate Trends: The Housing Market

Ludington, MI is a beautiful city located on the shores of Lake Michigan. The city is home to a variety of businesses and industries, as well as a thriving housing market. In recent years, the Ludington housing market has seen a number of trends that have made it an attractive place to live.

One of the most notable trends in the Ludington housing market is the increasing prices of homes. In 2017, the median price for a home in Ludington was $180,000, which was an increase of 8.3% from 2016. This trend has continued into 2018, with the median price for a home in Ludington now sitting at $194,000. This increase in prices is due to a number of factors, including an increase in demand from buyers and a decrease in the supply of homes on the market.

Another trend that has been occurring in the Ludington housing market is an increase in the number of new construction homes being built. In 2017, there were over 200 new construction homes built in Ludington, which was an increase of nearly 50% from 2016. This trend is expected to continue into 2018 and beyond as more and more people are looking to purchase new construction homes in Ludington.

If you are thinking about purchasing a home in Ludington, now is a great time to do so! Prices are on the rise and there is no better time than now to invest in your future by buying a property in this beautiful city!

Cities in Ludington, MI

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Zip codes in Ludington, MI

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