All Countries
Ludington, MI
Full City Profile · Michigan · Mason County County
2.9
/5.0
C+
Fair
7,664
Population
2,281/sq mi density
$44,471
Median Income
$30,566 per capita
$192,800
Home Value
$288,787 Zillow
$824
Median Rent
29.4% income on rent
46°F
Avg Temperature
261 sunny days/yr
393
Violent Crime/100K
1,670 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$44,471 median income, 2.0% unemployment
A
Affordability
4.2 / 5.0
$192,800 home value, $824/mo rent
F
Safety
1.0 / 5.0
393 violent crimes/100K (3% above avg)
B
Education
3.2 / 5.0
27.1% bachelor's degree or higher
Housing Overview
Median Home Value
$192,800
32% below
US avg: $281,900
Median Rent
$824/mo
29% below
US avg: $1,163/mo
Homeownership Rate
58.9%
10% below US avg (65.4%)
Total Housing Units
4,404
Median year built: 1957
Home Value by Source
Census Median
$192,800
Zillow (ZHVI)
$288,787
Median Sale Price
$277,500
Median List Price
$234,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
58.9%
Owner-Occupied
41.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$824/mo
Market Indicators (Redfin)
Median Days on Market
56 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
4
Price Drops
12.5%
of listings with price reduction
Price Per Sq Ft
$191
Active Inventory
24
homes for sale
Affordability & Housing Stock
Rent Burden
29.4%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1957
Average age of housing stock: 69 years
Homeownership Rate
58.9%
Complete Housing Data
Home Values
| Census Median Value | $192,800 |
| Zillow Home Value (ZHVI) | $288,787 |
| Median Sale Price | $277,500 |
| Median List Price | $234,450 |
| Price Per Sq Ft | $191 |
Rent
| Census Median Rent | $824 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
| Days on Market | 56 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 12.5% |
| Homes Sold | 4 |
| Active Inventory | 24 |
| Price Per Sq Ft | $191 |
Ownership & Stock
| Owner-Occupied | 58.9% |
| Renter-Occupied | 41.1% |
| Homeownership Rate | 58.9% |
| Total Housing Units | 4,404 |
| Median Year Built | 1957 |
| Rent Burden | 29.4% |