Ludington Mortgage Rates

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Ludington averaged 5.91% for the week of 2022-06-23, compared to the national average of 5.81% for the same period.

The average rate for the prior week (2022-06-16) was 5.68% and one month ago for the week of 2022-05-19, the average rate was 5.25%.

Ludington's average rate one year ago was 3.02%.

For refis of the same type during the week of 2022-06-23, the average rate was 5.77%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-23 5.81%
Ludington 30 Year Fixed Rate 2022-06-23 5.91%
Ludington 30 Year Fixed Rate Refi 2022-06-23 5.77%
Ludington 15 Year Fixed Rate 2022-06-23 5.45%
Ludington 15 Year Fixed Rate Refi 2022-06-23 5.05%
Ludington 30 Year FHA 2022-06-23 0.6%
Ludington 30 Year FHA Refi 2022-06-23 0.16%
Ludington 30 Year USDA 2022-06-23 0.25%
Ludington 30 Year USDA Refi 2022-06-23 0.09%
Ludington 30 Year VA 2022-06-23 0.37%
Ludington 30 Year VA Refi 2022-06-23 0.19%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Ludington, MI.

Ludington Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the Ludington, MI market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
QUICKEN LOANS, LLC 53 3.12% $4,859
MORTGAGE 1 INCORPORATED 35 3.27% $3,913
LAKE MICHIGAN CREDIT UNION 27 3.03% $3,538
The Huntington National Bank 19 3.00% $4,102
Fifth Third Bank 16 3.14% $3,150
PREFERRED CREDIT UNION 15 3.00% $2,709
UNITED WHOLESALE MORTGAGE, LLC 10 2.95% $4,389
Independent Bank 8 3.17% $2,938
TCF National Bank 7 3.13% $2,700
PNC Bank 7 3.23% $2,533
AMERIFIRST FINANCIAL CORPORATION 6 3.17% $3,110
CALIBER HOME LOANS, INC. 5 3.17% $3,236
Old National Bank 5 3.00% $3,581
Mercantile Bank of Michigan 4 3.09% $3,881
JPMorgan Chase Bank 4 3.06% $4,345
Neighborhood Loans, Inc. 4 3.16% $2,894
Mr. Cooper ( Nationstar Mortgage ) 4 3.38% $4,694
Bank of America 3 2.71% $2,284
NAVY FEDERAL CREDIT UNION 3 3.54% $2,862
Wells Fargo Bank 3 3.63% $2,870
Adventure Credit Union 3 3.13% $2,098
NEWREZ LLC 3 3.13% $3,513
BETTER MORTGAGE CORPORATION 2 3.00% $2,087
American Mortgage & Equity Consultants, Inc. 2 2.88% $3,601
Bank of England 2 3.63% $5,358
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 2 2.69% $2,014
CONSUMERS 2 3.13% $2,967
GreenStone Farm Credit Services, FLCA 2 3.41% $4,755
J. VIRGIL, INC. 2 3.00% $4,757
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 2 3.00% $2,842
MORTGAGE CENTER L.C 2 3.13% $1,908
Nations Lending Corporation 2 3.31% $6,540
ROSS MORTGAGE CORPORATION 2 3.06% $2,814
The Federal Savings Bank 2 2.88% $5,825
HOMESIDE FINANCIAL, LLC 1 3.00% $4,764
IAA Credit Union 1 3.50% $2,942
First Internet Bank of Indiana 1 2.88% $3,309
INLANTA MORTGAGE, INC. 1 2.88% $2,896
Ixonia Bank 1 3.00% $2,385
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 4.25% $700
United Bank of Michigan 1 3.25% $2,102
Kellogg Community Credit Union 1 3.13% $2,242
KeyBank 1 3.35% $492
CROSSCOUNTRY MORTGAGE, LLC 1 3.25% $3,575
LAKEVIEW LOAN SERVICING, LLC 1 3.38% $946
LEADERONE FINANCIAL CORPORATION 1 2.88% $3,336
Level One Bank 1 3.50% $2,729
LOANDEPOT.COM, LLC 1 2.88% $4,215
Manufacturers and Traders Trust Company 1 3.38% $3,104
CREDIT UNION ONE 1 3.38% $3,413
MICHIGAN MUTUAL, INC. 1 3.25% $3,767
AMERICAN PACIFIC MORTGAGE CORPORATION 1 3.13% $3,061
COMMUNITY FINANCIAL CREDIT UNION 1 2.75% $2,203
UNIVERSITY LENDING GROUP, LLC 1 3.13% $3,058
CNB Bank And Trust, N.A. 1 4.25% $2,866
MUTUAL OF OMAHA MORTGAGE, INC. 1 3.13% $6,471
Watermark Capital, Inc. 1 2.88% $3,201
Citizens Bank 1 2.88% $2,474
Citadel Servicing Corporation 1 5.25% $4,980
CHURCHILL MORTGAGE CORPORATION 1 2.88% $4,637
Nicolet National Bank 1 3.38% $2,939
CHERRY CREEK MORTGAGE, LLC 1 3.25% $718
PENNYMAC LOAN SERVICES, LLC 1 3.50% $4,167
CELEBRITY HOME LOANS, LLC 1 2.88% $2,855
Carrington Mortgage Services, LLC 1 3.25% $4,042
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 3.25% $2,889
PROPER RATE, LLC 1 3.25% $3,293
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 3.49% $3,767
RESIDENTIAL BANCORP. 1 2.88% $3,885
Ally Bank 1 3.38% $1,958
T2 FINANCIAL LLC 1 3.38% $3,439
ARC HOME LLC 1 2.99% $9,556
TEACHERS CREDIT UNION 1 3.13% $2,811
The Dart Bank 1 3.88% $3,624
WesBanco Bank, Inc. 1 4.25% $3,247
AMERISAVE MORTGAGE CORPORATION 1 3.38% $3,653
The National Bank of Indianapolis 1 3.13% $3,007
TOP FLITE FINANCIAL, INC. 1 2.88% $3,534
Flagstar Bank, FSB 1 2.90% $3,337
FREEDOM MORTGAGE CORPORATION 1 3.25% $830
Gateway First Bank 1 3.13% $2,766
UBS Bank USA 1 2.63% $3,366
GUARANTEED RATE AFFINITY, LLC 1 2.63% $2,688
GUARANTEED RATE, INC. 1 3.50% $3,545
GUILD MORTGAGE COMPANY 1 2.88% $2,719

Ludington, MI's 85 lenders originated 846 loans during 2021. The total origination value was $151,240,000, with an average loan value of $178,771.

The top Ludington lender as defined by loan originations is QUICKEN LOANS, LLC, with 53 loans originated. Their average total fees are $4,859, which is $946 higher than the next largest lender, MORTGAGE 1 INCORPORATED.

The lowest fee Ludington lenders (with over 10 loans originated) are PREFERRED CREDIT UNION ($2,709), Fifth Third Bank ($3,150), LAKE MICHIGAN CREDIT UNION ($3,538), MORTGAGE 1 INCORPORATED ($3,913) and The Huntington National Bank ($4,102).

The lowest rate Ludington lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (2.95%), PREFERRED CREDIT UNION (3.00%), The Huntington National Bank (3.00%), LAKE MICHIGAN CREDIT UNION (3.03%) and QUICKEN LOANS, LLC (3.12%).

Ludington, MI Lender Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
QUICKEN LOANS, LLC $15,305,000 $22,580,000 47.5% 14.9%
MORTGAGE 1 INCORPORATED $14,510,000 $12,390,000 -14.6% 8.2%
LAKE MICHIGAN CREDIT UNION $5,715,000 $10,825,000 89.4% 7.2%
The Huntington National Bank $3,205,000 $9,080,000 183.3% 6.0%
Fifth Third Bank $4,995,000 $8,790,000 76.0% 5.8%
PREFERRED CREDIT UNION $8,145,000 $6,785,000 -16.7% 4.5%
PNC Bank $3,975,000 $4,250,000 6.9% 2.8%
UNITED WHOLESALE MORTGAGE, LLC $2,820,000 $3,875,000 37.4% 2.6%
Independent Bank $2,150,000 $3,710,000 72.6% 2.5%
The Shelby State Bank $6,195,000 $3,560,000 -42.5% 2.4%
TCF National Bank $5,170,000 $3,510,000 -32.1% 2.3%
Mercantile Bank of Michigan $1,360,000 $2,750,000 102.2% 1.8%
Old National Bank $1,535,000 $2,585,000 68.4% 1.7%
GreenStone Farm Credit Services, FLCA $2,885,000 $2,075,000 -28.1% 1.4%
FREEDOM MORTGAGE CORPORATION $595,000 $1,885,000 216.8% 1.2%
Mortgage Research Center, LLC $1,080,000 $1,800,000 66.7% 1.2%
JPMorgan Chase Bank $2,145,000 $1,730,000 -19.3% 1.1%
AMERIFIRST FINANCIAL CORPORATION $3,185,000 $1,555,000 -51.2% 1.0%
PENNYMAC LOAN SERVICES, LLC $490,000 $1,410,000 187.8% 0.9%
Wells Fargo Bank $1,420,000 $1,185,000 -16.5% 0.8%
CONSUMERS $855,000 $1,145,000 33.9% 0.8%
21ST MORTGAGE CORPORATION $1,125,000 n/a 0.7%
BETTER MORTGAGE CORPORATION $1,080,000 n/a 0.7%
Bank of America $180,000 $1,070,000 494.4% 0.7%
LOANDEPOT.COM, LLC $1,595,000 $1,070,000 -32.9% 0.7%
Neighborhood Loans, Inc. $2,565,000 $990,000 -61.4% 0.7%
CHERRY CREEK MORTGAGE, LLC $980,000 n/a 0.6%
ChoiceOne Bank $480,000 $905,000 88.5% 0.6%
TRIAD FINANCIAL SERVICES, INC. $125,000 $860,000 588.0% 0.6%
CALIBER HOME LOANS, INC. $2,055,000 $845,000 -58.9% 0.6%
AMERISAVE MORTGAGE CORPORATION $545,000 $800,000 46.8% 0.5%
Mr. Cooper ( Nationstar Mortgage ) $740,000 $790,000 6.8% 0.5%
NAVY FEDERAL CREDIT UNION $1,045,000 $780,000 -25.4% 0.5%
MORTGAGE CENTER L.C $775,000 n/a 0.5%
Flagstar Bank, FSB $1,740,000 $770,000 -55.7% 0.5%
Adventure Credit Union $630,000 $735,000 16.7% 0.5%
VILLAGE CAPITAL & INVESTMENT LLC $290,000 $735,000 153.4% 0.5%
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION $690,000 $710,000 2.9% 0.5%
American Mortgage & Equity Consultants, Inc. $690,000 n/a 0.5%
CREDIT UNION ONE $770,000 $685,000 -11.0% 0.5%
HOMESIDE FINANCIAL, LLC $245,000 $670,000 173.5% 0.4%
J. VIRGIL, INC. $105,000 $650,000 519.0% 0.4%
Nations Lending Corporation $290,000 $650,000 124.1% 0.4%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $330,000 $600,000 81.8% 0.4%
GUARANTEED RATE, INC. $165,000 $555,000 236.4% 0.4%
T2 FINANCIAL LLC $230,000 $555,000 141.3% 0.4%
First Internet Bank of Indiana $545,000 n/a 0.4%
PROPER RATE, LLC $545,000 n/a 0.4%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,005,000 $535,000 -46.8% 0.4%
The Federal Savings Bank $530,000 n/a 0.4%
UBS Bank USA $525,000 n/a 0.3%
BROKER SOLUTIONS, INC. $1,050,000 $505,000 -51.9% 0.3%
Citizens Bank $485,000 n/a 0.3%
MUTUAL OF OMAHA MORTGAGE, INC. $285,000 $470,000 64.9% 0.3%
INLANTA MORTGAGE, INC. $325,000 $460,000 41.5% 0.3%
IAA Credit Union $445,000 n/a 0.3%
LAKEVIEW LOAN SERVICING, LLC $165,000 $430,000 160.6% 0.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $485,000 $425,000 -12.4% 0.3%
The Dart Bank $420,000 n/a 0.3%
SUCCESS MORTGAGE PARTNERS, INC. $115,000 $410,000 256.5% 0.3%
NEW DAY FINANCIAL, LLC $310,000 $390,000 25.8% 0.3%
CNB Bank And Trust, N.A. $385,000 n/a 0.3%
AMERICAN ADVISORS GROUP $15,000 $355,000 2,266.7% 0.2%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $730,000 $345,000 -52.7% 0.2%
Watermark Capital, Inc. $345,000 n/a 0.2%
ROSS MORTGAGE CORPORATION $340,000 n/a 0.2%
Ally Bank $435,000 $335,000 -23.0% 0.2%
CIBM Bank $325,000 n/a 0.2%
The State Bank $325,000 n/a 0.2%
ARC HOME LLC $315,000 n/a 0.2%
CHURCHILL MORTGAGE CORPORATION $165,000 $315,000 90.9% 0.2%
Three Rivers Federal Credit Union $315,000 n/a 0.2%
Northpointe Bank $1,715,000 $310,000 -81.9% 0.2%
HOME POINT FINANCIAL CORPORATION $430,000 $305,000 -29.1% 0.2%
The National Bank of Indianapolis $305,000 n/a 0.2%
DRAPER AND KRAMER MORTGAGE CORP. $230,000 $295,000 28.3% 0.2%
NEWREZ LLC $250,000 $295,000 18.0% 0.2%
LENDERFI, INC. $285,000 n/a 0.2%
UNIVERSITY LENDING GROUP, LLC $285,000 n/a 0.2%
Bank of England $280,000 n/a 0.2%
PLANET HOME LENDING, LLC $155,000 $280,000 80.6% 0.2%
CLEARPATH LENDING $145,000 $275,000 89.7% 0.2%
Level One Bank $225,000 $275,000 22.2% 0.2%
Nicolet National Bank $265,000 n/a 0.2%
United Bank of Michigan $185,000 $265,000 43.2% 0.2%
Dort Financial Credit Union $85,000 $260,000 205.9% 0.2%
UNION HOME MORTGAGE CORP. $555,000 $260,000 -53.2% 0.2%
Associated Bank $505,000 $255,000 -49.5% 0.2%
CELEBRITY HOME LOANS, LLC $255,000 n/a 0.2%
West Michigan Community Bank $250,000 n/a 0.2%
Barrington Bank & Trust Company, N.A. $170,000 $240,000 41.2% 0.2%
USAA Federal Savings Bank $495,000 $240,000 -51.5% 0.2%
TEACHERS CREDIT UNION $195,000 $235,000 20.5% 0.2%
COMMUNITY FINANCIAL CREDIT UNION $240,000 $220,000 -8.3% 0.1%
Chicago Mortgage Solutions LLC $215,000 n/a 0.1%
Citadel Servicing Corporation $215,000 n/a 0.1%
First State Bank $215,000 n/a 0.1%
Grand River Bank $385,000 $215,000 -44.2% 0.1%
ACCELERATE MORTGAGE, LLC $175,000 $205,000 17.1% 0.1%
AMERICAN FINANCING CORPORATION $145,000 $205,000 41.4% 0.1%
CROSSCOUNTRY MORTGAGE, LLC $415,000 $205,000 -50.6% 0.1%
First Federal Bank $205,000 n/a 0.1%
Ixonia Bank $205,000 n/a 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $185,000 n/a 0.1%
KeyBank $185,000 n/a 0.1%
LEADERONE FINANCIAL CORPORATION $350,000 $185,000 -47.1% 0.1%
Triumph Bank $185,000 n/a 0.1%
Lakeview Community Capital, LLC $175,000 n/a 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $165,000 $165,000 0.0% 0.1%
SOFI LENDING CORP. $165,000 n/a 0.1%
Gateway First Bank $155,000 n/a 0.1%
GENEVA FINANCIAL, LLC $155,000 n/a 0.1%
MICHIGAN MUTUAL, INC. $450,000 $155,000 -65.6% 0.1%
First Guaranty Mortgage Corporation $145,000 n/a 0.1%
GERBER FEDERAL CREDIT UNION $660,000 $145,000 -78.0% 0.1%
GUILD MORTGAGE COMPANY $225,000 $145,000 -35.6% 0.1%
Kellogg Community Credit Union $145,000 n/a 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $415,000 $145,000 -65.1% 0.1%
SUMMIT FUNDING, INC. $95,000 $135,000 42.1% 0.1%
TOP FLITE FINANCIAL, INC. $885,000 $135,000 -84.7% 0.1%
ACADEMY MORTGAGE CORPORATION $125,000 n/a 0.1%
BAYSHORE MORTGAGE FUNDING, LLC $235,000 $125,000 -46.8% 0.1%
DFCU FINANCIAL $125,000 n/a 0.1%
GENISYS $125,000 n/a 0.1%
GUARANTEED RATE AFFINITY, LLC $125,000 n/a 0.1%
Visio Financial Services Inc. $125,000 n/a 0.1%
WesBanco Bank, Inc. $125,000 n/a 0.1%
ARBOR FINANCIAL CREDIT UNION $135,000 $105,000 -22.2% 0.1%
Carrington Mortgage Services, LLC $105,000 n/a 0.1%
First Savings Bank $105,000 n/a 0.1%
Isabella Bank $665,000 $105,000 -84.2% 0.1%
Manufacturers and Traders Trust Company $105,000 n/a 0.1%
RELIANCE FIRST CAPITAL, LLC $105,000 n/a 0.1%
VIBE CREDIT UNION $105,000 n/a 0.1%
U.S. Bank $85,000 n/a 0.1%
County National Bank $75,000 n/a 0.0%
Platinum Home Mortgage Corporation $85,000 $75,000 -11.8% 0.0%
ROYAL UNITED MORTGAGE LLC $200,000 $75,000 -62.5% 0.0%
The Genoa Banking Company $75,000 n/a 0.0%
RESIDENTIAL BANCORP. $65,000 n/a 0.0%
COMMUNITY CHOICE CREDIT UNION $55,000 n/a 0.0%
Key Mortgage Services, Inc. $55,000 n/a 0.0%
Bethpage Federal Credit Union $45,000 n/a 0.0%
Figure Lending LLC $45,000 n/a 0.0%
UNITED $35,000 n/a 0.0%
West Michigan Credit Union $200,000 $35,000 -82.5% 0.0%
Honor Credit Union $845,000 $15,000 -98.2% 0.0%

Ludington's top lender by overall market share is QUICKEN LOANS, LLC, with 14.9% market share. In second place, with 8.2%, is MORTGAGE 1 INCORPORATED, having originated $12,390,000 in loans. In third place, with 7.2%, is LAKE MICHIGAN CREDIT UNION, having originated $10,825,000 in loans. In third place, with 6.0%, is The Huntington National Bank, having originated $9,080,000 in loans. In third place, with 5.8%, is Fifth Third Bank, having originated $8,790,000 in loans.


Ludington, MI Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Refi 312 $52,830,000 $169,327
Home Purchase 298 $62,680,000 $210,336
Cash Out Refi 170 $28,430,000 $167,235
Home Improvement 36 $3,010,000 $83,611
Other 30 $4,290,000 $143,000

Ludington's most frequently cited loan purpose was Refi, with 312 originations. The 2nd most popular reason was Home Purchase, with 298 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 318 $60,770,000 $191,101
3-4% 270 $49,380,000 $182,889
<2.5% 155 $31,365,000 $202,355
4-5% 29 $3,145,000 $108,448
Over 8% 20 $990,000 $49,500
5-6% 13 $695,000 $53,462
7-8% 10 $430,000 $43,000
6-7% 4 $510,000 $127,500

During 2021, Ludington's most frequently originated rate bucket was 2.5-3%, with 318 originations.

Loan Sizing (Ludington, MI MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 372 $53,610,000 $144,113
$100,000 or less 217 $13,865,000 $63,894
$200k-400k 211 $55,795,000 $264,431
$400k-600k 33 $15,565,000 $471,667
$600k-1000k 9 $6,945,000 $771,667
$Over $1MM 4 $5,460,000 $1,365,000

Ludington's loan sizing saw the bucket of loans from $100k-200k with 372 originations, totaling $53,610,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
60-80% 271 $56,685,000 $209,170
80-100% 237 $48,195,000 $203,354
40-60% 156 $23,900,000 $153,205
20-40% 78 $9,940,000 $127,436
Under 20% 27 $1,145,000 $42,407
Over 100% 6 $1,760,000 $293,333

Ludington's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 271 originations, totaling $56,685,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Ludington (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $194,900 (18.1%) $292,418 (10.6%) 0.00 149
2018-02-01 $189,900 (7.0%) $277,024 (0.8%) 0.00 145
2018-03-01 $189,000 (5.6%) $277,952 (3.3%) 0.00 135
2018-04-01 $201,750 (26.2%) $281,867 (10.8%) 0.00 150
2018-05-01 $203,450 (25.2%) $290,322 (15.0%) 0.00 162
2018-06-01 $219,900 (26.1%) $306,897 (16.5%) 0.00 186
2018-07-01 $222,450 (25.0%) $316,297 (21.3%) 0.00 197
2018-08-01 $219,900 (27.6%) $309,433 (17.6%) 0.00 193
2018-09-01 $199,900 (17.6%) $301,129 (10.3%) 0.00 192
2018-10-01 $199,400 (7.8%) $294,114 (5.1%) 0.00 182
2018-11-01 $194,950 (0.0%) $287,242 (2.4%) 0.00 174
2018-12-01 $179,900 (-7.7%) $284,171 (-1.3%) 0.00 155
2019-01-01 $179,900 (-7.7%) $284,327 (-2.8%) 0.00 146
2019-02-01 $179,900 (-5.3%) $286,714 (3.5%) 0.00 142
2019-03-01 $191,329 (1.2%) $290,416 (4.5%) 0.00 141
2019-04-01 $196,329 (-2.7%) $289,279 (2.6%) 0.00 147
2019-05-01 $194,900 (-4.2%) $270,767 (-6.7%) 0.00 160
2019-06-01 $225,000 (2.3%) $272,082 (-11.3%) 0.00 171
2019-07-01 $227,000 (2.1%) $280,180 (-11.4%) 0.00 184
2019-08-01 $228,714 (4.0%) $285,861 (-7.6%) 0.00 182
2019-09-01 $231,664 (15.9%) $289,576 (-3.8%) 0.00 173
2019-10-01 $225,000 (12.8%) $286,006 (-2.8%) 0.00 177
2019-11-01 $199,000 (2.1%) $275,482 (-4.1%) 0.00 171
2019-12-01 $209,450 (16.4%) $276,395 (-2.7%) 0.00 154
2020-01-01 $220,000 (22.3%) $273,997 (-3.6%) 0.00 129
2020-02-01 $224,000 (24.5%) $268,172 (-6.5%) 0.00 130
2020-03-01 $229,500 (20.0%) $273,204 (-5.9%) 0.00 122
2020-04-01 $230,000 (17.2%) $274,106 (-5.3%) 0.00 119
2020-05-01 $229,000 (17.5%) $271,010 (0.1%) 0.00 136
2020-06-01 $226,500 (0.7%) $285,652 (5.0%) 0.00 134
2020-07-01 $239,750 (5.6%) $304,422 (8.7%) 0.00 126
2020-08-01 $249,900 (9.3%) $332,077 (16.2%) 0.00 99
2020-09-01 $244,500 (5.5%) $335,361 (15.8%) 0.00 86
2020-10-01 $229,900 (2.2%) $322,546 (12.8%) 0.00 81
2020-11-01 $228,950 (15.1%) $321,242 (16.6%) 0.00 77
2020-12-01 $238,450 (13.9%) $327,957 (18.7%) 0.00 68
2021-01-01 $239,900 (9.1%) $327,643 (19.6%) 0.00 53
2021-02-01 $275,000 (22.8%) $360,480 (34.4%) 0.00 48
2021-03-01 $284,450 (23.9%) $373,356 (36.7%) 0.00 40
2021-04-01 $299,000 (30.0%) $424,569 (54.9%) 0.00 52
2021-05-01 $299,000 (30.6%) $393,304 (45.1%) 0.00 57
2021-06-01 $299,450 (32.2%) $376,625 (31.9%) 0.00 64
2021-07-01 $292,000 (21.8%) $364,216 (19.6%) 0.00 67
2021-08-01 $287,450 (15.0%) $363,701 (9.5%) 0.00 65
2021-09-01 $307,500 (25.8%) $359,054 (7.1%) 0.00 62
2021-10-01 $279,000 (21.4%) $328,203 (1.8%) 0.00 61
2021-11-01 $275,000 (20.1%) $383,128 (19.3%) 0.00 50
2021-12-01 $282,000 (18.3%) $377,350 (15.1%) 0.00 53
2022-01-01 $330,000 (37.6%) $412,874 (26.0%) 0.00 42
2022-02-01 $339,500 (23.5%) $443,483 (23.0%) 0.00 33
2022-03-01 $317,000 (11.4%) $447,870 (20.0%) 0.00 31
2022-04-01 $339,000 (13.4%) $454,110 (7.0%) 0.00 32
2022-05-01 $374,000 (25.1%) $444,947 (13.1%) 0.00 47
Ludington's median listing price for 2022-05-01 was $374,000, a difference of $75,000 (25.1%) versus the prior year and $35,000 versus the prior month.

Ludington's median listing price comes in at 0% of the national average.

Ludington's average listing price for 2022-05-01 was $444,947, a difference of $51,643 (13.1%) versus the prior year and $-9,163 versus the prior month.

For the 2022-05-01 period, Ludington had 47 MLS listings, a difference of 15 listings (47%) versus the prior month and -10 listings (-18%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Ludington (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,800 sqft
2018-02-01 0 days 1,760 sqft
2018-03-01 0 days 1,728 sqft
2018-04-01 0 days 1,656 sqft
2018-05-01 0 days 1,592 sqft
2018-06-01 0 days 1,650 sqft
2018-07-01 0 days 1,637 sqft
2018-08-01 0 days 1,645 sqft
2018-09-01 0 days 1,668 sqft
2018-10-01 0 days 1,700 sqft
2018-11-01 0 days 1,655 sqft
2018-12-01 0 days 1,673 sqft
2019-01-01 0 days 1,700 sqft
2019-02-01 0 days 1,728 sqft
2019-03-01 0 days 1,760 sqft
2019-04-01 0 days 1,760 sqft
2019-05-01 0 days 1,706 sqft
2019-06-01 0 days 1,700 sqft
2019-07-01 0 days 1,756 sqft
2019-08-01 0 days 1,741 sqft
2019-09-01 0 days 1,708 sqft
2019-10-01 0 days 1,738 sqft
2019-11-01 0 days 1,700 sqft
2019-12-01 0 days 1,696 sqft
2020-01-01 0 days 1,652 sqft
2020-02-01 0 days 1,645 sqft
2020-03-01 0 days 1,595 sqft
2020-04-01 0 days 1,498 sqft
2020-05-01 0 days 1,504 sqft
2020-06-01 0 days 1,608 sqft
2020-07-01 0 days 1,645 sqft
2020-08-01 0 days 1,680 sqft
2020-09-01 0 days 1,669 sqft
2020-10-01 0 days 1,612 sqft
2020-11-01 0 days 1,573 sqft
2020-12-01 0 days 1,522 sqft
2021-01-01 0 days 1,414 sqft
2021-02-01 0 days 1,523 sqft
2021-03-01 0 days 1,488 sqft
2021-04-01 0 days 1,523 sqft
2021-05-01 0 days 1,640 sqft
2021-06-01 0 days 1,570 sqft
2021-07-01 0 days 1,582 sqft
2021-08-01 0 days 1,586 sqft
2021-09-01 0 days 1,562 sqft
2021-10-01 0 days 1,610 sqft
2021-11-01 0 days 1,580 sqft
2021-12-01 0 days 1,551 sqft
2022-01-01 0 days 1,600 sqft
2022-02-01 0 days 1,815 sqft
2022-03-01 0 days 1,925 sqft
2022-04-01 0 days 1,984 sqft
2022-05-01 0 days 2,142 sqft
Ludington's median listing age (time on market) for 2022-05-01 was 0 days.

Ludington's median square footage for active listings during the 2022-05-01 period was 2,142 sqft. One year prior, the average listing was 1,640 sqft.