Is Ludington, MI 49431 a buyer’s or seller’s market?
Ludington is a seller’s market. With about 3.7 months of supply and 15% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply3.7Under 4 months = seller’s market
Sold above original list14.5%Share of sales, last 3 months
Median sale-to-list96.3%Sold price ÷ list price
Median days on market49Listing to accepted offer
Median price per sq ft$203▲ +1.5% vs. last year
Run the numbers for 49431
Nearby markets
Custer 49405Seller’s market $197 /sq ftFountain 49410Seller’s market $177 /sq ftFree Soil 49411Buyer’s market $235 /sq ftScottville 49454Buyer’s market $176 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology